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Austin,
Texas, January 24, 2007 - Emerson
Process Management has been awarded a
$1.7M contract by Atlantic LNG to
analyze the economic and operating
performance of additional process and
mechanical equipment at the company’s
Liquefied Natural Gas plant in Point
Fortin, Trinidad and Tobago. Atlantic
LNG is owned by a consortium of
operating companies including BP,
British Gas, Repsol, Suez and National
Gas Company of Trinidad and Tobago. By
using Emerson’s AMS Suite: Equipment
Performance Monitor, part of the
PlantWeb® digital plant architecture,
Atlantic LNG will be able to optimize
and gain maximum economic return from
available assets such as methane,
ethylene and propane centrifugal
compressors, gas turbines, oil and gas
heaters, and heat exchangers. This
award, which is an extension to the
existing contract, will signify that
over 340 items of equipment on Trains 1
to 4 will now be monitored by using AMS
Performance Monitor. Atlantic LNG will
use AMS Performance Monitor to support
their existing maintenance management
program to maintain equipment
availability and reduce unexpected
downtime.
“Reducing the variable costs of
operation on our trains will push our
operating boundaries to generate greater
profits. We know that the AMS
Performance Monitor is our preferred
business solution having already seen
the value while we utilized this
solution on the first 40 items of
equipment at our LNG facility. Our
reliability and engineering team have
used AMS Performance Monitor to
determine events that caused a loss of
performance,” said Kevin Harper,
Reliability Engineer, Atlantic LNG. “By
adopting this technology we are able to
realize the true potential of our
facilities as operating conditions
change. The AMS Performance Monitor will
provide us with the tool to improve our
business processes.”
The embracing of AMS Performance
Monitor will enable Atlantic LNG to be
proactive with their maintenance
management decisions. Throughout the
seven year duration of this project,
Emerson will provide a team of dedicated
engineers to handle the day-to-day
evaluation of Atlantic LNG’s performance
results, including impartial consultancy
and expertise to analyze and interpret
the performance data and results. This
team will work alongside reliability
engineers from Atlantic LNG to identify
performance degradations, implement
proactive maintenance, provide
notification of changes in asset
performance, and assess the financial
impact of performance upon their
process.
“Our major goal is to ensure our
customers continue to realize value from
our products and services and this is
another prime example. We are delighted
that Atlantic LNG are already realizing
value through AMS Performance Monitor
and have extended the existing contract
to incorporate additional units,” said
Craig Llewellyn, president of the Asset
Optimization division of Emerson Process
Management.
The AMS Performance Monitor is
complementary to Emerson’s CSI 4500
Machinery Health™ Monitor, providing a
combined predictive diagnostics solution
for both performance and condition
monitoring of key production assets. The
CSI 4500 Online Machinery Health Monitor
integrates with the AMS Suite: Machinery
Health Manager software application.
Both AMS Performance Monitor and AMS
Machinery Manager form part of AMS Suite
– an integrated family of software
applications for predictive maintenance,
performance monitoring and economic
optimization. Emerson complements AMS
Suite with PlantWeb Services to ensure
successful implementation of the
application and maximize the value
delivered to manufacturers. For
additional information on AMS Suite and
PlantWeb Services visit the website at
www.AssetWeb.com.
About Emerson Process Management
Emerson Process Management,
an Emerson business, is a leader in helping businesses automate their production, processing and distribution in the chemical, oil and gas, refining, pulp and paper, power, water and wastewater treatment, food and beverage, pharmaceutical and other industries. Asset Optimization, a division of Emerson Process Management, is a leading worldwide supplier of services and technologies to increase the availability and performance of production assets for improved bottom line results. Asset Optimization plays a key role in Emerson's mission of combining superior products and technology with industry-specific engineering, consulting, project management and maintenance services to help customers achieve the potential of their operations.
About Emerson
Emerson
(NYSE: EMR), based in St. Louis, is a global leader in bringing technology and engineering together to provide innovative solutions to customers through its network power, process management, industrial automation, climate technologies, and appliance and tools businesses. Sales in fiscal 2006 were $20.1 billion.
PlantWeb® and AMS™ Suite are marks of Emerson Process Management.
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