November 29, 2017
Buckman has entered into a strategic alliance with Engro Corporation, through its digital business arm Engro Digital, to deliver process and reliability optimization to utilities and industries. The partnership will focus on developing apps on Predix, GE’s application development platform for the Industrial Internet that was purpose-built to meet the scale, complexity, speed and security requirements of industry. Engro has already partnered with GE Digital to leverage Predix for developing Digital Industrial Solutions.
The agreement was signed by Najam Saeed, Head of Business Development, Energy and Infrastructure, Engro Corporation – Digital Business, and Junai Maharaj, CEO and President of Bulab Holdings Inc, in the presence of senior executives from both companies at Buckman’s headquarter located in 1256 North McLean Blvd. Memphis, Tennessee 38108-1241, U.S.A on October 18th.
The groundwork for the formation of Engro Digital was laid in July 2016, when Engro Corporation and GE entered into a strategic alliance. The partnership brings together Engro’s deep vertical domain knowledge in multiple industries with GE’s world class applications platform. The addition of Buckman to the partner eco system complements the existing alliance with trusted solutions for the energy, water, environment and asset management demands of utilities in the industrial sector.
Jahangir Piracha, Senior Vice President of Engro Corporation, said, “We first adopted GE’s Digital Power Plant solutions in 2015 at the 220 MW Engro Powergen Qadirpur Limited Power Plant and have since then seen first-hand how the solutions can help improve site operations. Today’s agreement is a testament to our belief that Digital Industrial Solutions can play a vital role in our continuous search to enhance the Process Efficiency and Asset Reliability and shall help industries increase profitability.”
The already decade-long partnership between Engro and Buckman will now deliver digital solutions to help industrial plants operate their utilities at optimum performance for cost optimization, asset life extension, and energy and water conservation. The first digital solutions will be available in 2018 with multiple clients already identified for pre-launch implementations.
“This alliance is very much in line with the vision for the future of Buckman,” says Junai Maharaj, CEO and President of Bulab Holdings Inc., which wholly owns Buckman. “This opportunity helps position us to deliver a superior customer experience where we put the customer in the forefront by proactively solving problems for them. We know real value comes from being able to leverage smart technology with our proven chemical applications, advanced monitoring systems, dedicated and experienced people to deliver a solution specific to the customer that improves their operations, productivity and performance.”
Buckman is a privately held, global specialty chemical company with headquarters in Memphis, Tenn., USA. Buckman works proactively and collaboratively with worldwide customers in pulp and paper, leather and industrial water treatment and process chemistry to deliver exceptional service and innovative specialty chemical solutions. Buckman’s goal is to help customers boost productivity, reduce risk, improve product quality and provide a measurable return on investment. Buckman is committed to safeguarding the environment, maintaining safety in the workplace and promoting sustainable development, for its associates, its customers and the communities it serves in more than 90 countries around the world. www.buckman.com
Engro Corporation (PSX: ENGRO) is a Pakistani home-grown multinational corporation widely regarded as one of the largest conglomerates in Pakistan. Engro’s portfolio consists of a variety of businesses including fertilizers, foods, chemical storage & handling, trading, energy and petrochemicals. Fueled by the vision of becoming the premier Pakistani enterprise with a global reach, Engro’s investments are all designed to deploy inclusive business models to pursue an integrated and inclusive growth for all who interact with its businesses. www.engro.com
GE (NYSE: GE) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the “GE Store,” through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. www.ge.com