COLOGNE, Germany, Feb. 16 /CNW/ - Matrikon Deutschland AG (a fully-owned subsidiary of Matrikon Inc. (TSX:MTK)) today announced that it has entered a license agreement with BASF SE, Ludwigshafen, Germany for all BASF SE production facilities worldwide to integrate and use Matrikon's Control Performance software suite with a variety of different control systems, thus establishing a DCS-independent, corporate standard for the evaluation and improvement of control performance. Matrikon will also support the solution rollout to BASF's major integrated European production sites in Ludwigshafen and Antwerp over the next 12 months.
Timo Klingenmeier, General Manager of Matrikon Deutschland stated: "The bundled solution, with Matrikon Control Performance Monitor as a central component, will enable BASF to provide a standardized, control-focused Key Performance Indicator (KPI) system. The solution will support BASF's optimization efforts and assist with sustaining control performance improvements over the long term. We are very proud to be selected by BASF, being a global leader in chemical production."
Marcus Nohr, Senior Engineer and Project Lead for Automation Technology in BASF' Competence Center Engineering & Maintenance adds: "BASF conducted a rigorous evaluation of available control performance monitoring technologies and selected Matrikon as the currently most valuable solution for BASF. The combined rollout in Ludwigshafen and Antwerp is the base for control optimization worldwide."
Matrikon (www.matrikon.com) provides industrial intelligence solutions that transform production data into the knowledge needed to anticipate problems and optimize operations - empowering and sustaining the achievement of operational excellence. With offices throughout North America, Australia, Europe and the Middle East, and clients who are industry leaders in the process industries, power generation and mining, Matrikon's reach is global. Matrikon has been empowering excellence since 1988, and is traded on the Toronto Stock Exchange under the symbol MTK.
BASF is the world's leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics and performance products to agricultural products, fine chemicals as well as oil and gas. As a reliable partner BASF helps its customers in virtually all industries to be more successful. With its high-value products and intelligent solutions, BASF plays an important role in finding answers to global challenges such as climate protection, energy efficiency, nutrition and mobility. BASF posted sales of more than (euro)62 billion in 2008 and had approximately 97,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information on BASF is available on the Internet at www.basf.com.
SOURCE MATRIKON INC.
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