logo
#

Latest news with #GeorgeBouMitri

Borouge to develop AI-powered autonomous operations to accelerate growth
Borouge to develop AI-powered autonomous operations to accelerate growth

Canada News.Net

time27-06-2025

  • Business
  • Canada News.Net

Borouge to develop AI-powered autonomous operations to accelerate growth

ABU DHABI, 25th June, 2025 (WAM) -- Borouge Plc has announced its collaboration with Honeywell to conduct a proof of concept for AI-powered autonomous operations, which has the potential to revolutionise plant operations in the UAE. The collaboration between Borouge and Honeywell is set to deliver the petrochemical industry's first AI-driven control room designed for full-scale, real-time operation, establishing a new standard for the future of AI in petrochemicals. Hazeem Sultan Al Suwaidi, Chief Executive Officer of Borouge, said, "Borouge's AI, Digitalisation, and Technology (AIDT) transformation programme is setting new standards in operations, innovation and business performance. By collaborating with global AI leaders such as Honeywell, we are accelerating growth, driving efficiency, and enhancing shareholder value. This project further strengthens Borouge's competitive edge as we continue to deliver on our ambitious AIDT roadmap." As part of the collaboration agreement, both companies will bring their expertise in process technology and autonomous control capabilities to identify new opportunities to deploy Agentic AI solutions and advanced machine learning algorithms. George Bou Mitri, President of Honeywell Industrial Automation, Middle East, Trkiye, Africa, Central Asia, said, "By integrating AI and automation technologies into core operations, we are helping unlock new levels of efficiency, safety, and performance. This agreement shows how advanced technologies, applied with purpose, can reshape industrial operations at scale." The initiative aims to deploy the proof-of-concept technologies to enhance Borouge's operations across its Ruwais facilities in the UAE. The project is a key component of Borouge's company-wide AIDT programme, which is projected to generate $575 million in value this year. In 2024, Borouge's diverse portfolio of over 200 AIDT initiatives-spanning operations, health and safety, sales, sustainability, and product innovation-generated $573 million in value.

Borouge to develop AI-powered autonomous operations to accelerate growth
Borouge to develop AI-powered autonomous operations to accelerate growth

Al Etihad

time25-06-2025

  • Business
  • Al Etihad

Borouge to develop AI-powered autonomous operations to accelerate growth

25 June 2025 10:42 ABU DHABI (ALETIHAD) Borouge Plc has announced its collaboration with Honeywell to conduct a proof of concept for AI-powered autonomous operations, which has the potential to revolutionise plant operations in the collaboration between Borouge and Honeywell is set to deliver the petrochemical industry's first AI-driven control room designed for full-scale, real-time operation, establishing a new standard for the future of AI in on the agreement, Hazeem Sultan Al Suwaidi, Chief Executive Officer of Borouge, said, 'Borouge's AI, Digitalisation, and Technology (AIDT) transformation programme is setting new standards in operations, innovation and business performance. By collaborating with global AI leaders such as Honeywell, we are accelerating growth, driving efficiency, and enhancing shareholder value. This project further strengthens Borouge's competitive edge as we continue to deliver on our ambitious AIDT roadmap.'As part of the collaboration agreement, both companies will bring their expertise in process technology and autonomous control capabilities to identify new opportunities to deploy Agentic AI solutions and advanced machine learning his part, George Bou Mitri, President of Honeywell Industrial Automation, Middle East, Türkiye, Africa, Central Asia, said, 'By integrating AI and automation technologies into core operations, we are helping unlock new levels of efficiency, safety, and performance. This agreement shows how advanced technologies, applied with purpose, can reshape industrial operations at scale.'The initiative aims to deploy proof-of-concept technologies to enhance Borouge's operations across its Ruwais facilities in the UAE. The project is a key component of Borouge's company-wide AIDT programme, which is projected to generate $575 million in value this year. In 2024, Borouge's diverse portfolio of over 200 AIDT initiatives—spanning operations, health and safety, sales, sustainability, and product innovation—generated $573 million in value. Source: Aletihad - Abu Dhabi

Honeywell opens new center to strengthen Saudi Arabia's industrial cybersecurity
Honeywell opens new center to strengthen Saudi Arabia's industrial cybersecurity

ME Construction

time05-02-2025

  • Business
  • ME Construction

Honeywell opens new center to strengthen Saudi Arabia's industrial cybersecurity

Technology Honeywell opens new center to strengthen Saudi Arabia's industrial cybersecurity By Honeywell runs training programs to help transform Saudi Arabia into a knowledge-based economy, equipping Saudi nationals with essential technical skills in various sectors including energy, automation, and aviation Honeywell launched a new centre in Jubail, Saudi Arabia to provide localised cybersecurity services for critical industrial sectors in the Kingdom. The Honeywell Himaya Center, located in the company's Jubail office, underscores the alignment of Honeywell's portfolio to three compelling mega trends including automation, the company said. The centre is designed to strengthen industrial cybersecurity capabilities in the Kingdom by offering robust Operational Technology (OT) security solutions to address today's evolving threats, while helping businesses maintain regulatory compliance. It will provide in-country Managed Security Services (MSS) to key sectors including energy, manufacturing and utilities. This includes Honeywell's flagship Cyber Insight and Cyber Watch software solutions, which help businesses maintain continuous compliance with the National Cybersecurity Authority (NCA) OT Cybersecurity Controls (OTCC) regulations, and aim to support the use of automation and artificial intelligence (AI)-enabled technologies. 'The launch of the Honeywell Himaya Center is a testament to our dedication to supporting Saudi Arabia's localisation and industrial transformation objectives, and the ambitious vision set forth by the IKTVA program,' said Abdullah Al-Juffali, president, Honeywell Saudi Arabia and Bahrain. 'The new centre will bring critical local cybersecurity capabilities to the Kingdom, and support the growth of a resilient and self-reliant industrial ecosystem.' Saudi Arabia's cybersecurity market is expected to grow from US $3.6bn today to $10.5bn by 2032. This growth is driven by digital transformation, rising cyber threats, and initiatives like Vision 2030. The increasing reliance on cloud technologies and focus on data protection are fueling demand for advanced security solutions across key industries. 'Industrial automation and AI are pivotal in driving operational efficiency and business resilience across critical industries,' said George Bou Mitri, President, Honeywell Industrial Automation for the Middle East, Turkey, Africa, and Central Asia. 'The target of the Honeywell Himaya Center is to provide unparalleled support to businesses, helping them navigate the complexities of industrial cybersecurity and leverage the benefits of advanced automation technologies.' Honeywell has been present in Saudi Arabia for over 70 years, delivering solutions and contributing to the government's vision to advance technology adoption and advance sustainability efforts. The company runs training programs to help transform Saudi Arabia into a knowledge-based economy, equipping Saudi nationals with essential technical skills in various sectors including energy, automation, and aviation, the statement outlined.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store