Meridium Hands Out APM Awards

By Chemical Processing Staff

May 15, 2015

Meridium, Inc. announced the winners of the 2015 Asset Performance Management Awards. The winners were recognized during the annual Meridium Conference for partners and clients at the Hilton Bonnet Creek in Orlando, FL.  Selected by industry peers, the awards distinguish remarkable global accomplishments by APM professionals across their enterprise in best practice development, program success, innovation and overall achievement in the field of asset performance management.

The 2015 APM Best Practice Award, which recognizes a pioneering best practice that optimizes a process using Meridium APM solutions, was awarded to Saudi Basic Industries Corporation (SABIC), manufacturer of chemicals, fertilizers, plastics and metals. A committee of industry peers selected SABIC for executing a company-wide change management best practice to achieve best in class manufacturing excellence. As a result of the SABIC Total Reliability Program, SABIC developed a culture of reliability that is dedicated to increasing and improving reliability, availability, production and continuous improvement in the area of asset performance management.

Meridium presented the 2015 APM Enterprise Technology Award to The Dow Chemical Company. The APM Enterprise Technology Award recognizes the company that has implemented a technology solution that has eliminated or integrated the most stand-alone solutions, and effectively removed many of the data silos in their organization to create a true enterprise asset performance management system. A committee selected Dow for its successful transition from multiple, locally managed asset-focused systems to a global enterprise APM strategy that reinforces a reliability-centric culture across the organization.

The APM Innovation Award recognizes the company that has developed and implemented new and innovative uses of the Meridium APM solution to change work processes within their industry, enabling sustainable value. A committee of industry peers awarded Vale Fertilizantes for leveraging mechanical integrity APM work processes to maintain compliance with NR13, a Brazilian regulation. Vale Fertilizantes paved the way for the industry’s use of APM to support standard compliance. As a result, Meridium developed a specific tool that is now embedded in the APM V3.6 for the Brazilian market.

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