Supplying control technologies that allow Advanced Process Control, improving energy and process efficiency, and addressing the need for conservation of scarce resources
Beijing, April 22, 2008 – ABB, the leading power and automation technology group, announced the formation of a combined Process Industries Products and Oil, Gas, and Petrochemical business unit, set up to focus on increased activity in the Oil, Gas and Petrochemical sector of China. The newly consolidated business unit is part of the Process Automation Division of ABB. China’s oil, gas & petrochemical companies and life sciences industries are growing at double digit percentages, necessitating a strong response to meet the increasing demand of the local market. ABB is reinforcing its team with additional people and management to support the build-up of the new business unit.
ABB’s Process Automation division delivers integrated solutions for control, plant optimization, and industry-specific application knowledge and services to help process industry customers worldwide meet their critical business needs in the areas of operational profitability, capital productivity, risk management and global responsibility. These industries include oil and gas, power, chemicals and pharmaceuticals, pulp and paper, metals, minerals, marine and turbocharging, which have critical demands to be highly automated and energy efficient. ABB’s control technologies will allow advanced process controls, addressing the issues around scarce resources, and driving energy and process efficiency.
“ABB’s complete process automation technology portfolio and industry expertise, combined with our global service, project delivery and engineering resources, provide our Chinese customers the solutions they need to compete successfully,” said Tobias Becker, head of Process Automation Division of ABB North Asia and China. “We are closer to our Chinese customers with the establishment of this new business unit and we are committed to helping them improve productivity and energy efficiency with comprehensive and innovative solutions.”
In a recently published study by well-known industry analyst ARC Advisory Group, ABB was ranked in the leading global position in the broad process automation market. In this report, ARC includes DCS, PLC, SCADA systems, safety systems, AC drives, general motion controls, software and machine safeguarding systems sold to the process industries. The study forecasts total worldwide market for automation systems in process industries, which was $30 billion in 2006, will grow by a compounded annual growth rate (CAGR) of 9.6% by 2011, to over $47 billion.
ABB is the global top supplier in key global verticals, such as Oil & Gas, and Pulp & Paper. In the Asia market, ABB is also the top supplier to the Cement, Pharmaceutical and Pulp & Paper, with sizeable shares in all other process industries. “As the market share leader, ABB is very strong and has a lot to offer. Its ongoing success will come from continuing to provide customers with sustained and measurable benefits from automation for a path to continuous improvement in business performance and profitability,” said Larry O'Brien, Research Director for Process Industries, ARC. “ABB’s continued focus on delivering automation solutions that provide reduced cost of ownership, increased productivity, and reduced risk is a good fit with today’s increasing focus on business value.”
In China, ABB Process Automation Division has a strong local presence providing products, engineering, and service for domestic needs. There are over 1,200 experts in the Process Automation Division. ABB has 13,000 employees in China. Shanghai hosts the company’s global Center of Excellence for Metals, global headquarters for Marine & Cranes, and the Asia manufacturing location for Analyzer Houses, which are turnkey systems delivered in China and exported throughout the world.
Recently, China has become a major production hub for high performance materials, downstream petrochemical products, and pharmaceuticals for the world. ABB delivered first ever control system for a local pharmaceutical client in China that fulfills strict FDA compliance rules.
ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB Group of companies operates in about 100 countries and employs more than 110,000 people. ABB has a full range of business activities in China, including R&D, manufacturing, sales and service, with 12,800 employees, 26 joint ventures and wholly owned companies, and an extensive sales and service network across 60 cities. To find out more about ABB in China, visit www.abb.com.cn.