The 2024 China International Industrial Fair opened in Shanghai yesterday. It is reported that Schneider Electric, with the theme of "Green and Intelligent Innovation, Shaping Future Industrial Influence Together", showcases a series of innovative achievements and solutions that lead digitalization, green transformation, and cover the entire life cycle around three major sections: "Software Defined Automation", "Open Automation", and "Industrial Sustainability".

ing Xiaohong, Senior Vice President and Head of Industrial Automation Business in China at Schneider Electric, stated that currently, the rapid development of new quality productivity and the comprehensive promotion of new industrialization processes are underway. With the rapid development of technologies such as artificial intelligence, digital twins, and industrial Internet of Things, software applications equipped with these cutting-edge technologies and integrated open automation systems will bring continuous optimization of efficiency, cost, and sustainability to enterprises, laying a key foundation for comprehensively promoting the digital and green transformation of traditional industries and accelerating the process of new industrialization.

1、 Background of cooperation

Industry trend: Currently, promoting excellent operations through digital innovation has become a feasible way for process industry enterprises to seek high-quality development. Schneider Electric, as a digital transformation expert in global energy management and automation, and Wanhua Chemical, as a well-known enterprise in the chemical industry, their cooperation conforms to the development trend of the industry.

Enterprise demand: As a globally operated chemical new materials company, Wanhua Chemical is deeply involved in the high-tech and high value-added field of chemical new materials. It needs to continuously improve the reliability and safety of production and operation, achieve digital transformation and intelligent upgrading. Schneider Electric can provide integrated distribution and process automation solutions to meet the needs of Wanhua Chemical.

2、 Collaboration Content

Signing of Cooperation Agreement: Schneider Electric and Wanhua Chemical signed a cooperation agreement on-site at the 2024 China International Industry Expo. Both parties will establish a more direct and in-depth cooperation based on the "strategic framework direct signing agreement".

Comprehensive digital intelligence empowerment: Schneider Electric will provide comprehensive digital intelligence empowerment for Wanhua Chemical, helping Wanhua Chemical achieve reliable, efficient, safe production operations and sustainable development through its integrated power distribution and process automation solutions.

Deeply explore the outstanding value: Both parties will further explore the outstanding value brought by the EcoStruxure Triconex safety instrumented system. The EcoStruxure Triconex safety instrumented system has SIL3 level safety integrity certification and a unique TMR triple redundancy design structure, which can effectively improve system reliability and availability.

Comprehensive and in-depth cooperation: Both parties will take this signing as an opportunity to comprehensively and deeply cooperate in the fields of electrical systems and digital business, and jointly promote the chemical industry to achieve safer and more reliable production and excellent operation.

3、 Collaboration achievements and impact

Improving production and operational efficiency: Through Schneider Electric's digital empowerment, Wanhua Chemical's production and operational efficiency will be significantly improved, achieving a more efficient, convenient, controllable, and safe value chain.

Promoting digital transformation: The cooperation between the two parties will accelerate the digital transformation process of Wanhua Chemical, build a full chain digital and intelligent system, and lay the foundation for the sustainable development of the enterprise.

Industry Demonstration Effect: This cooperation will establish an industry demonstration effect and promote more process industry enterprises to explore new paths for digital transformation and automation technology application.

4、 Future prospects

In the future, Schneider Electric and Wanhua Chemical will continue to deepen their cooperation and jointly explore new models for improving quality and efficiency in modern process industries. Both parties will work together to promote the high-quality development of the chemical industry and contribute to the sustainable transformation and upgrading of the industry. At the same time, both parties will continue to strengthen technological innovation and product research and development, providing more comprehensive and high-quality services for the safe production and efficient operation of enterprises.

In summary, the cooperation between Schneider Electric and Wanhua Chemical is an important collaboration in the field of industrial digital transformation and automation technology application. Both parties will jointly promote the high-quality development of the chemical industry and contribute to the sustainable transformation and upgrading of the industry.