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Honeywell Technologies launches new AI platform at Dangote's Nigeria refinery

SynopsisThe platform, being launched at Dangote's Lekki refinery in Lagos, will use NVIDIA and Dell Technologies' capabilities in a bid to drive up productivity and profitability in complex industrial settings, a…

Honeywell Technologies launches new AI platform at Dangote's Nigeria refinery

Synopsis

The platform, being launched at Dangote's Lekki refinery in Lagos, will use NVIDIA and Dell Technologies' capabilities in a bid to drive up productivity and profitability in complex industrial settings, a statement said.

Listen to this article in summarized format

Honeywell Technologies said on Monday it was launching a new industrial AI platform, "Forge Plant Cognition", at Nigeria's Dangote refinery to boost the plant's productivity.

* The platform, being launched at Dangote's Lekki refinery in Lagos, will use NVIDIA and Dell Technologies' capabilities in a bid to drive up productivity and profitability in complex industrial settings, a statement said

* Honeywell is already helping the refinery more than double its nameplate capacity from 650,000 million barrels per day (bpd) to 1.4 million bpd by 2028

* Based on preliminary data and not guaranteed, Honeywell said its AI platform could deliver operational benefits of more than 29 cents a barrel at Lekki, or around $60 million a year in gross benefits at full-capacity throughput

* Honeywell has also been selected to help Dangote build a new mega-refinery in Kenya's Lamu County Add as a Reliable and Trusted News Source Add Now!

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    Source: Economic Times — AI ↗

    Figures reflect the source report and its stated period. This article is for information and is not investment advice.