We committed to the new development philosophy. We promoted deeper integration of internet, big data, AI with petroleum and chemical industry, stepped up digital and smart transformation, and fostered new drivers of growth based on IT application.
Industrial Cloud Platform. The company successfully developed ProMACE, an intelligent manufacturing industrial cloud platform. The Platform was selected by the Ministry of Industry and Information Technology as “2018 Industrial Internet Pilot Demonstration Project”.
Smart Factory. Technological upgrading was completed in the pilot Smart Factories 2.0 at Sinopec Zhenhai Refining and Chemical Company and Sinopec Jiujiang Company. A comprehensive management system for equipment repairs and maintenance was established in Sinopec ZRCC, where the equipment failures can be addressed in advance through data analysis and diagnosis. As a result, the reliability and utilization of equipment have been improved, with the maintenance cost down by 20% and unscheduled shutdowns reduced by 50%. In the meantime, Sinopec Maoming Company improved its daily economic results with higher system optimization, achieved better utilization of C4 stream and added over 10 million yuan in its annual economic results. The Smart Factory 2.0 solution based on ProMACE platform has been widely applied in 6 Sinopec subsidiaries, including Shanghai Petrochemical Company, Sinopec Qilu Petrochemical Company. Sinopec Shanghai Petrochemical Company was selected by the Ministry of Industry and Information Technology as “2018 Smart Manufacturing Pilot Demonstration Project”. We carried out big data pilot application to address equipment erosion and achieve process and operation optimization in refineries and chemical subsidiaries, so as to prevent the erosion hazards and forecast the plant operation status. We leveraged machine-learning, visual identification technologies to identify defects, detect labor safety and forecast abnormal status at work site. As a result, we achieved better performance in work safety, green production and higher productivity.
Smart oil and gas fields. We carried out pilot demonstration projects of smart oil and gas fields in Sinopec Northwest oil field and Sinopec Zhongyuan oil field. The No.3 plant in Sinopec Northwest oil field has been able to conduct diagnosis, risk precaution, drone patrol and visual identification on leakage risks. We widely applied Exploration and Production Business Platform (EPBP) and achieved synergy and data-sharing analysis. We completed the application of Production Command System (PCS) in 155 oil and gas management regions, promoted the revolution in the management system of oil and gas fields and increased labor productivity.
Pilot smart gas stations. We made exploratory efforts in applying AI and Internet of Things to the gas stations in such cities and provinces as Beijing, Guangdong and Jiangsu, where car plat number identification, smart pay and digital marketing services are available.
Upstream R&D knowledge management system. We built ten-million-node exploration and development knowledge atlas in Sinopec EDRI, Sinopec Research Institute of Petroleum Engineering, Sinopec Geophysical Research Institute and Sinopec Henan oil field, so as to improve R&D and innovation efficiency. The system was granted 2018 Most Innovative Knowledge Enterprise (MIKE) award.
EPEC and procurement service value chain. We continuously improved EPEC, the Industrial Product E-Commerce Platform in Sinopec, with multilingual portals available in English, Russia, etc. The platform supports multiple functions including business factoring services and vertical procurement zones, providing integrated information from hundreds of strategic suppliers and increased the buyers’ procurement efficiency and user engagement. We built in place the big data applications such as 360° panoramic view, flow analysis model, business opportunity management and customer development, so as to improve tailor-made customer services. As a result, EPEC has demonstrated higher market influence with its annual online transaction volume over 280 billion yuan.
Chememall—an integrated marketing and service system. Based on Chememall.com, the online chemical trading platform, we added new applications including contracted procurement, bidding transaction and payment services, which facilitated online trading of refined products and chemicals.
Connect people, mobility and life through resource consolidation. Based on an internet-based matrix of services including E-Commerce, WeChat platform and mobile Apps, Sinopec marketing subsidiaries consolidated customer resources, integrated refueling business with non-fuel business, and provided crossover services connecting people, mobility and life. As a result, the company secured its dominant market share in China’s refined products market.