Covestro Chooses Emerson’s Industrial IoT Solutions for Improved Uptime and Operational Performance

Emerson to deliver Software-as-a-Service technologies for remote
monitoring and predictive maintenance

AUSTIN, Texas–(BUSINESS WIRE)–Covestro, one of the world’s largest polymer companies, has selected
Emerson (NYSE: EMR) to provide Industrial
Internet of Things (IoT) technologies to help the chemical
manufacturer achieve its goals of minimizing risk and improving uptime
at nine high-utilization plants. As part of the $14 million, five-year
contract, Emerson will provide remote monitoring and predictive
maintenance to help Covestro optimize these manufacturing facilities for
improved production, safety and reliability.

The Emerson program is a tenet of Covestro’s comprehensive digitization
program called Digital@Covestro
that considers and implements new Industrial IoT strategies and
operating procedures to deliver improved performance and meet defined
financial targets. Covestro’s reliability program will leverage
strategies, solutions and technologies in Emerson’s Operational
Certainty program designed to help manufacturers achieve Top
Quartile performance. Emerson data shows that Top Quartile companies
spend half as much on maintenance compared to average performers and
operate with an additional 15 days of available production each year.

Emerson will remotely monitor and maintain 40 of its DeltaV™ distributed
control systems at Covestro plants in China, the United States and
Germany. Remote teams at Emerson’s Innovation Center in Austin, Texas,
will monitor and provide best practices-based maintenance strategies for
local Emerson teams to implement at each Covestro plant.

“By collaborating with Emerson to stay proactive about plant
availability, we can drive toward always-on production and continue to
satisfy customers in our high-demand market,” said Klaus Schaefer, chief
technical officer, Covestro.

The Emerson-Covestro agreement reflects an emerging business model in
industry, where manufacturers rely on a strategic supplier’s software
solutions and deep automation expertise to monitor and execute
maintenance, equipment health or energy management programs, allowing
customers to focus their attention on critical operating functions that
drive plant performance.

“Covestro and Emerson have a shared focus on driving Top Quartile
operational performance,” said Jamie Froedge, president of Emerson’s
Process Systems and Solutions business. “Connecting Covestro’s global
product manufacturing expertise with our remote and local service
capabilities allows the right expert to be available, real time, to
ensure reliable operations.”

This global reliability program is the result of a long-term strategic
relationship between Emerson and Covestro. In 2015, the two
organizations embarked on a 17-system pilot program with Emerson’s
lifecycle services including Guardian™ Support and DeltaV System Health
Monitoring SaaS solutions that resulted in higher plant utilization and
a clear return on investment.

Covestro is the global leader in polyurethane, polycarbonates, and raw
materials for premium coatings, adhesives, and sealants used in every
aspect of modern life from mattresses and building insulation to
cosmetics and cell phones.

For more information, visit www.Emerson.com/LifecycleServices

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About Emerson

Emerson (NYSE: EMR), headquartered in St. Louis, Missouri (USA), is a
global technology and engineering company providing innovative solutions
for customers in industrial, commercial, and residential markets. Our
Emerson Automation Solutions business helps process, hybrid, and
discrete manufacturers maximize production, protect personnel and the
environment while optimizing their energy and operating costs. Our
Emerson Commercial & Residential Solutions business helps ensure human
comfort and health, protect food quality and safety, advance energy
efficiency, and create sustainable infrastructure. For more information
visit Emerson.com.

Contacts

For Emerson
Denise Clarke, 512-899-0004
[email protected]