Formosa picks Lloyd’s Register software for plants in Taiwan

Author: Jonathan Lopez

2021/04/07

LONDON (ICIS)--Taiwan’s petrochemicals producer Formosa Plastics is to use software by Lloyd’s Register at 94 of its plants, the UK-headquartered engineering services provider said on Wednesday.

The plants, all located in Taiwan, will use Lloyd’s Register software AllAssets aiming to optimise plant inspections and maintenance.

Financial details were not disclosed.

Formosa Plastic said it was aiming to digitalise more of its operations by increasing the use of Industry 4.0 techniques, which refers to the latest wave of automation in manufacturing.