- In June 2024, Emerson Electric Co. launched an upgraded Plantweb™ Corrosion Monitoring System, integrating IoT and cloud-based predictive maintenance. This enhanced system features advanced sensors that deliver real-time corrosion risk insights, optimizing asset integrity management in oil and gas and chemical industries. The Plantweb Insight™ platform enables continuous wall thickness monitoring and inline corrosion analysis, transforming traditional offline probes into online monitoring tools. With no reported recalls, the system ensures high reliability in harsh industrial environments
- In April 2024, Corr Instruments, LLC launched an advanced portable ultrasonic corrosion monitoring device, designed for real-time, non-intrusive corrosion assessment. Featuring high-precision sensors, it provides accurate corrosion rate measurements in harsh industrial environments, including oil and gas pipelines and chemical processing plants. Its compact design and user-friendly interface enhance on-site monitoring efficiency, catering to diverse sectors. This launch strengthens Corr Instruments’ position in non-intrusive monitoring, a segment that held a 39.23% market share in 2023.
- In March 2021, Olympus introduced its DC series (DC1–DC5) dual-element transducers, offering a comprehensive corrosion monitoring toolbox for pipeline and tank integrity. These versatile transducers optimize corrosion detection and thin-material inspections, supporting oil & gas, energy, and mining sectors. The DC3 model extends beyond corrosion monitoring to include pipe weld testing, while the DC1 and DC2 models feature heat-resistant delay lines for elevated-temperature inspections. The series enhances defect sizing, signal clarity, and inspection efficiency, reinforcing Olympus’ commitment to advanced NDT solutions
- In March 2021, Emerson introduced a comprehensive erosion and corrosion monitoring portfolio with digital capabilities, fully integrated into its Plantweb™ digital ecosystem. This suite includes the Rosemount series of corrosion and erosion wireless transmitters and Plantweb Insight Non-Intrusive Corrosion application, enabling real-time monitoring and predictive maintenance for oil and gas processing. The portfolio transforms offline corrosion probes into online tools, allowing operators to detect corrosion risks within minutes and take corrective actions before damage occurs
- In 2021, Saudi Aramco Energy Ventures (SAEV) invested in CorrosionRADAR, a UK-based predictive corrosion monitoring company. This funding, part of a $5 million investment round, enables CorrosionRADAR to expand operations and address Corrosion Under Insulation (CUI) through digitalization. The technology integrates electromagnetic guided radar (EMGR) wireless sensing and Industrial Internet of Things (IIoT) applications, providing real-time corrosion monitoring to prevent structural failures. The investment follows successful installations at an Aramco production facility, reinforcing SAEV’s commitment to advancing predictive maintenance in oil and gas, petrochemical, and chemical industries
