03 September, 2007
IFS in the UAE provides operational support to new petrochemical plant
IFS’ Middle East office has signed an operational support agreement with a greenfield petrochemical plant which produces ethylene gas and polyethylene plastics. The contract includes consulting services related to IFS Applications components for maintenance, manufacturing, supply chain management, financials, and human resource management and follows the successful implementation of these components. The value of the contract is US $2.4 million.
The plant is in now in the production phase. As with most large-volume, capital-intensive operations, output and reliability are the dominant determinants of profitability, and the selected ERP system is seen as critical in supporting the operations.
The process industry is one of IFS’ seven targeted markets. IFS provides industry-specific functionality for enterprises in chemicals, food & beverage, pulp and paper, and metals segments. IFS Applications for the chemical industry provides support for all critical business processes, including material compliance, batch balancing, recipe management, quality management and demand planning. The application suite includes a complete asset as well as product lifecycle management solution.
IFS customers in the chemicals 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, Imerys, SSAB, Hutmen, Nucor Corp, Holmen Paper and SCA Graphics.
About IFS and IFS Applications
IFS (OMX STO: 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 22 languages.IFS has over 600,000 users across seven key vertical sectors: aerospace & defense; automotive; high-tech; industrial manufacturing; process industries; construction, contracting & service 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.