Indian Chemical News is organising a panel discussion on “Digitalization & Automation: Transforming Landscape” during NextGen Chemicals & Petrochemicals Summit 2024’ on July 11, 2024.

The 4th Edition of “NextGen Chemicals & Petrochemicals Summit 2024” will be held on July 11-12, 2024 at the Novotel Mumbai International Airport, Mumbai. The theme of this year’s Summit-cum-Conference is "Transforming India into a Global Manufacturing Hub.”

Points to be discussed during Digitalization & Automation Session are: Current status of digital transformation in chemical and petrochemical manufacturing; Unlocking growth opportunities; Predictive maintenance with AI; Digital Twin; 5G usage in chemicals and petrochemicals; Enhanced operational efficiency; Improved safety and sustainability; Accelerated research and development; Supply chain optimization; Energy efficiency; and Shift towards digital services and business models.

Please register for the Summit by clicking on the link (https://www.indianchemicalnews.com/nextgen-chemical-and-petrochemical-summit-2024/register.php). 

Speakers for Digitalization & Automation Session are: Namrita Mahindro, Chief Digital Officer, Aditya Birla Chemicals; Manish Grover, Executive Director (Strategic IS & IS), IOCL; Krishnakumar Pandey, Assistant Vice President – IT, Epsilon Carbon; Dr. Pratap Nair, Founder, President & CEO, Ingenero; Roshansingh Navlur, Vice President, India & SEA, Cadmatic Software Solutions; Yashasvi Sahajpal, Leadership Team - Digital Business, Forbes Marshall; Jigyasa Kishore, Vice President, Moglix; and Pravin Prashant, Executive Editor, Indian Chemical News

Digitalization and automation have the potential to significantly transform the landscapes of the chemical industry. Both can streamline and optimize processes, leading to improved operational efficiency. Through the use of sensors, data analytics, and real-time monitoring, companies can gather and analyze data on various production parameters, enabling better control and optimization of processes.

Digitalization enables faster and more efficient research and development (R&D) processes. Automation technologies can help improve safety in chemical plants by minimizing human intervention in hazardous environments. Digitalization and automation facilitate better visibility, tracking, and management of the supply chain in the chemical industry. Digitalization also opens up new opportunities for chemical companies to shift from traditional product-focused models to value-added digital services.

Industry leaders are increasingly implementing digitalization to achieve business growth and sustainability goals. According to E&Y, digitalization has become the second-most prominent capital issue for chemical businesses — with 65% expecting it to impact their businesses significantly.

Overall, digitalization and automation have the potential to revolutionize the chemical industry by driving operational excellence, enhancing safety and sustainability, improving R&D processes, optimizing supply chains, and enabling the development of innovative business models. The session will emphasise on how to speed up the pace of digitalization and automation in the Indian chemical industry.

The Summit is supported by DCM Shriram Chemicals as principal partner, Somaiya Vidyavihar University as academia partner, Cadmatic as platinum partner and Andhra Pradesh Economic Development Board (APEDB), Govt. of Andhra Pradesh as state partner. 

Gold partners for NextGen Chemicals & Petrochemicals are: Epsilon Carbon, Forbes Marshall, Gharda Chemicals, Indofil Industries, Ingenero, IPCO, Jaaji Technologies, Moglix, PIP, Port of Antwerp - Bruges, RIECO and Re Sustainability. Associate Partners are: HPCL and Nuberg EPC. Supporting partners are: Aarayaa Advisory Services, Archroma, India Glycols and Tata Steel Special Economic Zone and industry association partners are: ACFI, AMAI, CropLife India, Gujarat Chemical Association and PMFAI.