Nouryon to Implement Digital Technology from Semiotic Labs
AMSTERDAM — Nouryon has signed a framework agreement to implement self-learning technology developed by Semiotic Labs that helps predict when to maintain and replace pumps and other rotating equipment. Semiotic Labs was one of the winners of Nouryon’s 2018 Imagine Chemistry open innovation challenge.
The technology uses electrical waveforms that can accurately predict 90% of upcoming maintenance needs in rotating equipment such as pumps, compressors and conveyors, up to five months in advance. This gives time to repair or replace critical equipment during planned stops, preventing unexpected interruptions to production and improving reliability of supply and process safety.