Artificial intelligence to make the chemical industry faster and smarter
Covestro pushes digitization for production and customer processes
- Data-based technologies for more sustainability
and efficiency
- Pilot projects in various divisions
- Important findings for the entire chemical
industry
Saving energy with data: Dr. Sabine Pegel at
Covestro Dormagen production site and Nils Janus of Covestro Advanced Analytics
testing artificial intelligence technologies.
Covestro is driving forward the use of
artificial intelligence (AI) in the company as well as throughout the entire
chemical industry. As part of these efforts, the Leverkusen-based materials
manufacturer is conducting several pilot projects across different divisions to
investigate how digital technologies can make processes more efficient and
sustainable.
“With the help of artificial intelligence, we
will be able to find digital solutions across departmental boundaries in the
future that were not possible before. This opens up completely new
possibilities to achieve greater sustainability with improved resource
utilization and thus to serve the needs of our customers even more precisely,” says
Sucheta Govil, Chief Commercial Officer of Covestro.
Pilot projects put the use of AI to
the test
At its Dormagen production site, Covestro is
testing how the manufacturing process for polyesters can be optimized.
Polyesters are needed for the production of polyurethanes. The use of
artificial intelligence in the processing of the company’s comprehensive
process data is intended to create free production capacities and minimize
energy consumption. Digital technologies are also used in Dormagen and at the
Leverkusen and Krefeld-Uerdingen sites to predict the peak steam consumption of
production plants. In this way, energy consumption and costs can be reduced in
the long term.
Another project deals with the digital customer
experience. Machine learning is used to help to identify potential customers
for Covestro at all digital touchpoints on the Internet and social media. The
aim is to win them over as customers in the long term through consultation and
information. Artificial intelligence will also be used in Covestro’s purchasing
department in the future. Faulty invoices can then be identified with less
effort, making the invoicing acknowledgment process much more efficient.
Utilizing data science for more
intelligent production
“AI is a fascinating opportunity for Covestro
worldwide. The ongoing projects show that data and its proper use not only make
the entire industry smarter and faster but can also contribute to the bottom
line,” says Nils Janus, Head of Advanced Analytics at Covestro. To make optimum
use of data-based findings in the future, the materials manufacturer has
developed the Covestro Analytics Platform (CAP), a platform for data
scientists. It collects raw data from production plants, research results, and
business processes and supplements it with external databases to perform
analyses and train machine learning models. In this way, Covestro is taking
another important step towards digitalization and data-driven business
management.
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