Thursday, February 01, 2007

IFS chosen to supply maintenance system for Neste Oil’s refineries

IFS, the global enterprise applications company, has secured a contract in Finland to supply the enterprise asset management system for Neste Oil's refineries in Porvoo and Naantali. The system will be used to supervise production line maintenance, manage resources and material flows, track costs and support operation planning. The contract was secured in January 2007 and is valued at € 2.0 million.

The system implementation is a part of a wider revamp of Neste Oil’s operating procedures and will result in increased profitability and agility. The overall uptime of the production facility is expected to increase as preventive and predictive maintenance are optimized. Implementing IFS Applications will bring greater transparency of the actual plant status and better planning tools. It will also provide a refined methodology covering complete enterprise asset management, focusing on reliability, safety and overall equipment effectiveness.

“IFS Applications will facilitate production management and the monitoring of equipment status to secure overall effectiveness and good cost control,” said Leo Rautanen, Manager of Maintenance Department in Neste Oil. “We can be better prepared for possible disruptions and critical malfunctions. We will also be able to monitor projects in real time.”

The process industry is one of IFS’ seven targeted markets. IFS provides industry-specific functionality for enterprises in chemicals, food and beverage, pulp and paper, and metals segments. IFS Applications for enterprise asset management in the chemical industry provides support for all critical processes, including RCM (reliability centered maintenance), OEE (overall equipment effectiveness), plant design and re-design, maintenance management and standardized real time automation integration based on open standards. The IFS Applications suite includes a complete asset as well as product lifecycle management solution.

IFS customers in the chemical industry include DuPont, Jotun, Flint Group, Willamette Valley Company, Akzo Nobel and Becker Industrial Coatings. Other IFS process industry customers include Pepsi, Iams, V&S Absolut Spirits, SSAB, Hutmen, Holmen Paper and SCA Graphics.

About IFS and IFS Applications

IFS (OMXS: IFS), the global enterprise applications company, provides solutions which enable organizations to respond quickly to market changes—allowing resources to be used in a more agile way to achieve better business performance and competitive advantage.IFS was founded in 1983 and now has 2,600 employees worldwide. IFS has pioneered component-based ERP software with IFS Applications, now in its seventh generation. IFS’ component architecture provides solutions that are easier to implement, run and upgrade. IFS Applications is available in 54 countries in 20 languages.IFS has over 500,000 users across seven key vertical sectors: aerospace & defense; automotive; high-tech; industrial manufacturing; process industries; construction, service & facilities management and utilities & telecom. IFS Applications provides extended ERP functionality including customer relationship management (CRM), supply chain management (SCM), product lifecycle management (PLM), corporate performance management (CPM), enterprise asset management (EAM) and maintenance repair and overhaul (MRO) capabilities.

Contact Information

Vice President, Corporate Communications Oliver Pilgerstorfer

Phone: 44 1494 428900

Contact Oliver Pilgerstorfer

Vice President Corporate Communications Oliver Pilgerstorfer

Phone: +44 1494 428900

Contact Oliver Pilgerstorfer