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Tenets of Operational Excellence: Do it Safely or don't do it At All
Unpleasant incidents in chemical and petrochemical industry that lead to “massive financial loss and property damage and/or multiple fatalities" can be avoided if an organisation looks into the matter seriously. Ram K Goyal, Advisor - Risk Management and Leader - Central Reliability Engineering, Bahrain Petroleum Company, Kingdom of Bahrain shares his perception on how can industry learn from past incidents and ensure industrial safety.
Ram K Goyal
Advisor - Risk Management and Leader
Central Reliability Engineering
Bahrain Petroleum Company, Kingdom of Bahrain
Can't Afford to Ignore 'Financial Engineering'
With a possibility of huge investment in Indian chemical and petrochemical industry, Engineering, Procurement and Construction (EPC) companies will have brilliant opportunities to contribute to the industry. Samik Mukherjee, Country Head & Managing Director, Technip India Limited, elucidates changing trends in the process industry, strategies, unavoidable competencies for EPC companies and more.
Samik Mukherjee
Country Head & Managing Director
Technip India.
Managing Large EPC Projects in India
Dr Reinhart Vogel, Managing Director of Linde Engineering India, shares his perception on ‘Managing large EPC projects in India’ with particular focus on the hydrocarbon process industry. Dr Vogel is of opinion that Investments in this segment are currently dominated by expansions of refineries and their integration with downstream petrochemicals, LNG regasification terminals and petcoke gasification. On longer terms, investments will be seen in ammonia/urea, olefin and polyolefin, coal gasification and CTx as well as utilisation of C2+ separated from shale gas.
Dr Reinhart Vogel
Managing Director of Linde Engineering India
Overview of Project Finance
Project Finance is a means of financing assets with limited or no recourse to the Sponsor. It relies on the future cash flow of a project as primary source of repayment, and holds the project’s assets, rights and interests as collateral security. In this article, Vishal Gupta, VP Project Advisory & Structured Finance, SBI Capital Markets Limited addresses the topic of project finance from the perspective of a non-financial project manager/executive.
Vishal Gupta
VP Project Advisory & Structured Finance,
SBI Capital Markets
Sanguine about Providing High Value Services of International Standards
Celebrating 100 years of being a trusted global leader in providing Engineering, Procurement and Construction (EPC) services, Fluor Corporation has really come a long way in delivering world-class solutions to its clients worldwide, optimising their assets, improving their competitive position and increasing their long-term business success. Arun Jain, Managing Director, Fluor Daniel India Pvt Ltd, talks about Flour’s success in India along with its strategies and future plans.
Arun Jain, Managing Director
Fluor Daniel India Pvt Ltd

Procurement - Key to EPC Contracts
Samsung Engineering India (SEI) is one of the leading overseas players in the EPC sector, which has made many strides in the Indian space. As Francis Im takes up the role of Managing Director, SEI, he shares his inputs on various Engineering, Procurement and Construction (EPC) models, in addition to business strategies, adopted by SEI in India.
R K Iruvanti, Managing Director
Technip KT India
"In the next decade, India to build reputation as a manufacturing powerhouse"
Manufacturing is one of the pillars for the Growth Domestic Product (GDP) of a country. With a significant drop in India’s manufacturing output in the year 2011, India would require a prudent and pragmatic approach to bail out the country’s manufacturing sector out of this state. Pothen Paul, Chairman and India Country Manager, Aker Solutions, opines his views on strategies required to strengthen India’s manufacturing sector.
Pothen Paul
Chairman and India Country Manager, Aker Solutions
Success Mantra - 'Glocalisation'
Samsung Engineering India (SEI) is one of the leading overseas players in the EPC sector, which has made many strides in the Indian space. As Francis Im takes up the role of Managing Director, SEI, he shares his inputs on various Engineering, Procurement and Construction (EPC) models, in addition to business strategies, adopted by SEI in India.
Francis Im, MD
Samsung Engineering India (SEI)
BR&E Makes Process Simulation a Buzzword in Engineering
If we look at the major operating and engineering companies worldwide, process simulation is now an indispensable tool during the engineering and design process as well as for optimisation. In fact, the use of process simulation software is now mandatory on any new project design. We need process simulation due to the complexity and variability of the processes implemented, especially for complicated iterative calculations that cannot be done efficiently by hand.
Dr Jerry A Bullin
Professor Emeritus,
Texas A&M University and President
Bryan Research and Engineering Inc.
Reality Check: India’s Coal Strategy
There has been much talk about India building its coal-based technologies in order to meet increasing energy and feedstock demands for chemical processes. Coal will be most useful in the power sector whereas syngas can be added to natural gas to produce feedstock. K Venkataramanan, President Operations & Member of the Board, Larsen & Toubro, gives insights into the viability of coal gasification technologies for power & process industries in India in an exclusive interview with Mittravinda Ranjan.
K Venkataramanan
President & Member of Board L&T
Where Are We Going with EPC in India
In other parts of the World the EPC model for Project delivery (where a large competent Contractor or JV takes single point responsibility for the delivery of a project on lump sum basis) is becoming the norm. In Abu Dhabi, for example, around 80 projects were awarded and the average size of award was around USD 800 m. These are mega projects requiring huge capability from the contracting community and the projects have largely been awarded to household name International Contractors (many from Korea).
Alwyn Bowden
CEO, Essar Projects Ltd
Quest to Preserve Technology Leadership
Established in 1987 as a subsidiary of Linde AG, Germany, LEI is a full EPC service provider for the chemical and petrochemical industry. In the last 10 years the company has increased its workforce from around 100 to 650+ and plans to further increase the workforce in the current fiscal year.
Dr Reinhart Vogel
Managing Director, Linde Engineering India
Indian Manufacturing Sector: What it is, and What it Can be
Whereas almost without exception, every developing nation has made manufacturing one of three growth pillars, we in India seem to have skipped it almost altogether. As it stands the manufacturing sector accounts for just 28 percent of India’s GDP and 14 percent of the work force. Its participation in India’s export basket too is marginal” says Pothen Paul, Chairman & Country Manager of Aker Solutions. He holds the central government’s lack of a well thought out industry strategy, responsible for this unfortunate state of affairs.
Pothen Paul
Chairman & India Country Manager, Aker Solutions
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