by Angela Guess
IBM reports that "HMEL, a joint venture between Hindustan Petroleum Corporation Limited (HPCL) and Mittal Energy Investment Pte Ltd, Singapore, has adopted a new IBM analytics-based solution to transform how the company manages its financial and operations data to boost business performance. HMEL has built the 9 MMTPA (million metric tonne per annum) Guru Gobind Singh Refinery in Bathinda, Punjab. The first oil and gas project to be set up in the state of Punjab, the refinery produces petroleum products complying with Euro IV emission norms, with a capability of processing 180,000 barrels of crude oil per day. HMEL had earlier engaged IBM as its strategic partner for the design and implementation of manufacturing execution systems (MES) including the selection of the select processes and applications, as well as managing the mechanics of the program."
The article continues, "The new IBM solution integrates information from the various components of the MES, enterprise resource planning (ERP), and control systems within the refinery and delivers a consolidated, single view of the data. The new technology will enable HMEL to analyze key corporate business processes including, planned versus actual investments, production, key performance indicators, among others. The system will generate near real-time information for HMEL business executives to use to make more intelligent decisions around optimizing productivity and margins."
photo credit: IBM