Yokogawa: U.S. Emerging

Tuesday, October 30, 2012 @ 01:10 PM gHale

By Gregory Hale
It is difficult to think of the United States as an emerging market, but that is just what is happening at Yokogawa.

The U.S. is headed toward energy self sufficiency and Yokogawa sees the U.S. as an emerging market,” said Chet Mroz, president and chief executive of Yokogawa Corporation of America during his keynote address Tuesday at the Yokogawa 2012 Users Group in New Orleans. “We are seeing the beginning of exploiting these projects in the U.S.”

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The projects Mroz is talking about is the burgeoning natural gas market that is growing in the U.S. and looks like it is on the verge of taking off even further.

Taking advantage of opportunities in that market space is just one of the areas Yokogawa is looking at moving forward.

Safety is one of the vital areas the company knows manufacturers are looking at when integrating a control system.

“We want to make your plant safer and more efficient which is all a part of the vigilant plant services,” said Satoru Kurosu, senior vice president of Industrial Automation Marketing and member of the Board of parent company Yokogawa Electric Corp. “Our approach is safety, efficiency and human reliability.”

“Safety is the most important factor; this is the base line for a standard production operation,” Kurosu said.

He also talked about future project the company will be working on like the Ichthys LNG Project in Australia.

The Ichthys Field is in the Browse Basin offshore Western Australia. Gas from the Ichthys Field will undergo preliminary processing at the offshore central processing facility (CPF) to remove water and raw liquids, including a large proportion of the condensate. This condensate will pump to a floating production, storage and offloading (FPSO) facility anchored nearby, from which it will transfer to tankers for delivery to markets. The gas will transport from the CPF through a subsea pipeline more than 885 kilometers to the onshore LNG processing plant proposed for Blaydin Point on Middle Arm Peninsula, Darwin, Northern Territory.

The Ichthys Project will have an initial capacity to produce 8.4 million metric tons of LNG per year and 1.6 million metric tons of liquefied petroleum gas (LPG) per year, as well as approximately 100,000 barrels of condensate per day at peak.

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