Dow Chemical Seeks to Improve Asset Performance Management With Meridium

Meridium has announced an agreement with The Dow Chemical Company, one of the largest chemical manufacturers in the world, for its asset performance management software.

In the coming months, Meridium will provide software and services to implement its asset performance management (APM) offering at Dow Chemical across the enterprise. The implementation is expected to enable Dow to improve its equipment availability and overall reliability, and reduce maintenance and operating costs, providing continuous improvement of asset performance and predictable production delivery.

As part of Dow Chemical’s Maintenance Next initiative, Meridium will centralize data to provide easy access across the enterprise for reporting and decision making, and provide tools and methodologies for data analysis and decision support.

“In the competitive chemicals industry, asset performance is critical to our continued success in the marketplace,” stated Kevin Bauman, Dow Chemical’s Maintenance Next partner project manager. “As part of our Maintenance Next project, our pursuit to drive improvements in asset performance encourages us to seek opportunities that leverage new tools to further enable our efforts.”