Clariant unveils first digital chemical management system, Veritrax

Clariant unveils first digital chemical management system, Veritrax

6:27 AM, 24th October 2016
Clariant unveils first digital chemical management system, Veritrax
Clariant Veritrax chemical control - demonstration trailer.

HOUSTON, US: Clariant International Ltd unveils its first intelligent digital chemical management system, Veritrax which helps the oil and gas industry with the chemical operations.

Veritrax solution offers oil and gas producers a new, fully transparent, automatic chemical control, monitoring and ordering system that optimises chemical management tasks and labor-intensive processes, bringing about a huge reduction in total working costs.

The unique support platform takes advantage of industry-leading automation and cloud-based technologies to optimise the chemical supply chain, ensure maximum production uptime, and offer manufacturers with a unique understanding and control of their chemical spend.

The offering, which can be fully integrated into existing production set-ups such as supervisory control and data acquisition (SCADA) and distributed control system (DCS) systems, provides a continuous real-time data flow that is delivered directly to a laptop or smartphone.

The Veritrax system delivers precise chemical pump control and data analysis to help ensure that the correct chemical is delivered at the well site, at optimised ppm level dosages, to achieve the desired results at the expected costs. The Veritrax intelligent solution's online surveillance aligns production rate data streams with analytical results uploaded from the field or lab, allowing for trending analysis and the troubleshooting of problematic wells.

"The significances for the oil and gas industry are risk management, production efficiency and cost optimisation. Information technology is playing an increasingly important role for oil and gas companies as they look for ways to optimise all aspects of their operations. The Veritrax technology can deliver both cost reduction and increases in operational efficiency to our business partners," said Jon Rogers, global head of Clariant oil services.

© Worldofchemicals News



Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News

GST implications for the Indian chemical industry

Dr Joerg Strassburger, Founder and CEO, Go East Advisors GmbH shares his views with Chemical Today magazine on GST to be implemented in India. Before ...

Read more
Shell sell its Canadian non-core shale properties in $1 billion deal

CALGARY, CANADA: Royal Dutch Shell plc, through its affiliate Shell Canada Energy has agreed to sell approx 206,000 net acres of non-core oil and gas ...

Read more
Stepan appoints new chief executive officer

NORTHFIELD, US: Stepan Company said that its chairman, F Quinn Stepan will retire from his position, effective 31 December. He served as chairman sinc ...

Read more
DSM unveils next generation polyamides for automotive industry

SINGAPORE: Royal DSM unveils a new polymer, that act as a replacement material for die-cast metals and very costly high-performance engineering thermo ...

Read more
Four researchers honoured with Wacker’s innovation award

MUNICH, GERMANY: Wacker Chemie AG presents its “Alexander Wacker Innovation Award” to four researchers namely Dr Frank Achenbach, Dr Bernd ...

Read more
Sabic to launch first Saudi made synthetic rubber products

RIYADH, SAUDI ARABIA: Sabic to launch a new range of synthetic rubber products, being manufactured for the first time in Saudi Arabia. Sabic features ...

Read more uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X