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Strategies & Market Trends : Range Bound & Undervalued Quality Stocks -- Ignore unavailable to you. Want to Upgrade?

To: JakeStraw who wrote (4840)	11/21/2001 8:55:49 AM
From: BWAC	Respond to of 5499

Interesting.

To: JakeStraw who wrote (4840)	11/28/2001 9:34:59 AM
From: JakeStraw	Read Replies (1) \| Respond to of 5499

EMR News - Emerson Process Management Announces Broadest Family of Asset Optimization Services and Technologies Potential Benefits are 1-to-3% Increase in Plant Revenue, and Up to 50% Maintenance Cost Reduction biz.yahoo.com AUSTIN, Texas--(BUSINESS WIRE)--Nov. 28, 2001-- Emerson Process Management, an Emerson business (NYSE:EMR), today announced the availability of the industry's most complete family of Asset Optimization solutions. These solutions have the potential of increasing plant revenues by 1 to 3 percent due to improved reliability and asset performance, and reducing maintenance costs by 5 to 50 percent. Designed to help customers make significant and continuous improvements in plant reliability, the solutions combine world-class services with innovative technologies to improve process availability, increase productivity, and reduce equipment cost-of-ownership. Companies in the process manufacturing industries are striving for ways to maximize profitability in a business environment characterized by dynamic markets, increased competition and a need for agility. As a result, companies are looking for ways to support their asset optimization programs and use the information collected through such initiatives effectively. Emerson's Asset Optimization offering addresses this business demand through a unique combination of work processes, expertise, technology and management. It includes: A proven consulting and benchmarking process that assesses an organization's current asset performance and maintenance practices. It also identifies prioritized opportunities for improvement and an implementation plan. Expertise to implement the latest in Asset Optimization technology and work processes to complement organization's existing resources and fully utilize the information. Innovative technologies that enable the early detection of asset degradation and guide decision-making to maximize uptime. Emerson's PlantWeb® field-based architecture automates the flow of asset information to the people who run the business. Disciplined management principles that ensure successful Asset Optimization results in the short-term and with sustained improvement over the long-term. Emerson Process Management partners with its clients to deliver these Asset Optimization offerings across the full spectrum of plant assets including instrumentation and valves, mechanical equipment, electrical and power systems and process equipment. ``Asset Optimization is part of our vision for delivering significant and continuous improvements to help customers realize their potential,'' said John Berra, executive vice president of Emerson with responsibility for the process management business. ``The vision extends beyond a plant's immediate maintenance and repair needs, to a larger view that is focused on attaining maximum performance from a plant's assets.'' Emerson Process Management plans continued growth of its Asset Optimization capabilities, especially in fully leveraging the Internet and delivering remote monitoring and diagnostics services for plant-wide assets. As such, the company recently added the industry's first Web-based equipment performance monitoring, e-fficiency® services for remote monitoring of compressors, pumps, turbines, heat exchangers, boilers, furnaces and other process equipment. ``The access to accurate, equipment performance data over a secure Internet link is an exciting innovation for optimizing assets,'' continued Berra. ``It means that on-site personnel can team with experts anywhere for guidance and planning specific to their equipment, which opens up major performance gains.'' Already, several companies have started to take advantage of the expanded Asset Optimization offerings from Emerson. Recent contracts include: BASF PETRONAS Chemicals Sdn Bhd (BPC), part of one of the world's leading chemical companies, selected Emerson Process Management to support maintenance of process controls and instrumentation in newly constructed chemical production facilities in Kuantan, Malaysia. BP Exploration, part of one of the world's largest petroleum and petrochemicals groups, will utilize Emerson Process Management's Real-Time Optimization (RTO) solutions, which are part of a global alliance to provide real-time production optimization and equipment monitoring for BP's upstream oil and gas facilities. Amerada Hess, one of the world's largest petroleum industry corporations, use e-fficiency Web-based equipment performance monitoring service to help maximize production from its fields by providing remote monitoring of critical process equipment for its Triton Floating Production Storage and Offloading (FPSO) operations in the Central North Sea Field, U.K. They gather pertinent asset information over the worldwide Web and work with on-site engineers to manage equipment performance.