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BASFY

BASF

$0.00 /

+ (+0.00%)

, EMR

Emerson

$64.81 /

-0.86 (-1.31%)

09:07
05/20/19
05/20
09:07
05/20/19
09:07

BASF awards Emerson multi-million dollar contract for automation at German plant

As part of its five-year investment to boost capacity and operational excellence within its global plastics additives business, BASF (BASFY) has awarded Emerson (EMR) a multi-million dollar contract to modernize automation software and controllers at its specialty chemical production facility in Lampertheim, Germany. These enhancements will help the world's largest chemical manufacturer increase production flexibility and enhance operations. BASF will implement Emerson's new hybrid automation solution that replaces existing programmable logic controllers , used to control 20 reactors, with Emerson's leading DeltaV PK Controller. For BASF, Emerson will also replace an obsolete system controlling the tank farm and distillation columns at the facility, which produces additives that improve characteristics for plastics and coatings. The expansion of Emerson's DeltaV distributed control system, which is already used to control other parts of the plant, will ensure continued efficient production and enable BASF to standardize its control architecture, helping to reduce integration complexity and operator training costs. A key part of the project is to expand automation security protections. This advanced technology, developed with Emerson to address cybersecurity threats, has been applied at other BASF manufacturing plants. By modernizing its automation systems, BASF can take advantage of new capabilities embedded in Emerson's automation systems that help fortify plant operations against cyber threats. Emerson will also provide approximately 8,000 hours of on-site engineering services, a separate virtualized system to reduce hardware capital and operating costs and lifecycle support services.

BASFY

BASF

$0.00 /

+ (+0.00%)

EMR

Emerson

$64.81 /

-0.86 (-1.31%)

  • 21

    May

  • 06

    Aug

BASFY BASF
$0.00 /

+ (+0.00%)

01/10/19 JPMorgan
BASF upgraded to Overweight from Neutral at JPMorgan
12/07/18 Deutsche Bank
BASF guidance cut not a surprise, says Deutsche Bank
12/04/18 Credit Suisse
FMC Corporation price target raised to $113 from $105 at Credit Suisse
11/29/18 Barclays
BASF downgraded to Equal Weight from Overweight at Barclays
EMR Emerson
$64.81 /

-0.86 (-1.31%)

04/08/19 Citi
Emerson upgraded to Buy from Neutral at Citi
02/28/19 JPMorgan
JPMorgan's Tusa recommends long Emerson, short Rockwell pair trade
02/15/19 JPMorgan
JPMorgan's Tusa calls Emerson top 'GARP pick' after investor day
02/06/19 Credit Suisse
Emerson price target raised to $75 from $70 at Credit Suisse

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