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Univation Technologies and C3 AI Collaborate to Deliver Enterprise AI Solutions for Advanced Predictive Maintenance Across the Global Petrochemical Industry

1. Univation partners with C3 AI to enhance predictive maintenance in petrochemicals. 2. The solution aims to improve efficiency and reduce maintenance costs. 3. C3 AI's software is already successful in Dow's global operations. 4. Key features include data-driven insights and proactive equipment issue identification. 5. Collaboration expected to drive significant asset availability improvements.

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Why Bullish?

The partnership with C3 AI indicates potential for increased AI adoption in industry. Historical parallels include how similar collaborations have led to tech stock surges, like Nvidia post-partnerships in AI.

How important is it?

The article indicates a strategic expansion of AI into a critical industry, boosting long-term confidence in AI investment. The direct collaboration and success stories from Dow add to the credibility.

Why Long Term?

The integration of AI into industrial applications suggests a sustained impact over time. Previous industry shifts, like digital transformations, took years but yielded significant growth.

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Univation's new C3 AI–powered predictive maintenance solution for the petrochemical industry delivers enhanced operational efficiency, reduced maintenance expenses, and improved asset availability — leveraging insights from Dow Inc.'s successful implementation across its manufacturing facilities.This collaboration builds off Dow's success with C3 AI Reliability, currently scaling across Dow's global steam cracking furnace fleet and other critical assets., /PRNewswire/ -- Univation Technologies, a global leader in petrochemical technology licensing, and C3 AI (NYSE: AI), the Enterprise AI application software company, have entered into a strategic cooperation agreement to commercialize AI-powered predictive maintenance solutions tailored for the petrochemical industry. With this agreement, Univation will license and distribute the C3 AI software currently in use at Dow, Univation's parent company.  In addition, Univation will provide specialized technical services to support both the initial implementation and ongoing enhancements of the software for customers. Univation's C3 AI–powered offering integrates extensive operational insights and benefits from Dow's ongoing C3 AI deployment, drawing upon the proven benefits of the C3 AI Asset Performance Suite. This technology, already in use across more than 50 steam cracker furnace operations within Dow's global petrochemical facilities, is being expanded to additional furnaces and other critical asset classes.  "C3 AI has been pivotal in transforming Dow's operations from reactive to predictive, optimizing asset performance to drive value. As we scale these solutions across Dow's portfolio, we anticipate significant benefits," said Debra Bauler, chief information and digital officer at Dow. "We look forward to continuing our partnership with C3 AI as we advance a world-class predictive maintenance program and uncover further opportunities to enhance efficiency, reliability, and productivity throughout our operations."The Univation and C3 AI collaboration brings together the power of the C3 Agentic AI Platform, the C3 AI Reliability application, and Univation's deep expertise in licensing technology and delivering technical services to offer an enterprise-scale AI solution that proactively identifies equipment issues, maximizes uptime, and optimizes operational performance for steam cracker operations.Key features of this new AI-powered predictive maintenance solution include: Improved plant performance through data-driven insights and predictive analytics. Proactive identification of equipment issues, allowing for timely intervention, preventing costly failures, and enhanced maintenance strategies. Maximizing the productive lifespan of critical equipment through proactive maintenance interventions. Enterprise-scale platform and user-interface adaptable to a wide range of steam cracker furnace unit operations. Expert technical support from Univation and C3 AI ensures a smooth implementation and ongoing enhanced performance. Nathan Wiker, president of Univation Technologies, commented, "The operational advantages delivered by the C3 Agentic AI Platform are truly transformative - elevating proactive predictive maintenance programs for steam cracker operations to an entirely new level." Nathan continued, "This powerful three-fold synergy — the C3 AI Asset Performance Suite, Dow's proven success in deploying it across critical operations, and Univation's global expertise in delivering world-class technical services — ushers in a new era of preventative maintenance for the petrochemical industry. We are confident that our AI-based solution will drive significant improvements in asset availability and uptime for steam cracker units, while also delivering substantial cost savings.""As the trusted leader in predictive maintenance, we've turned Enterprise AI into a core capability for modern industrial operations," said Ed Abbo, Chief Technology Officer, C3 AI. "Our work with Dow sets the standard for how industrial companies can use AI to drive efficiency, reduce costs, and optimize performance. And this collaboration with Univation will accelerate adoption of this proven, domain-specific AI application across the broader petrochemical industry and support modernization across the market by delivering real, measurable benefits of AI at scale."Learn more about Univation's innovative licensed technology portfolio by visiting www.univation.com.Learn more about the C3 AI and the C3 AI Reliability application by visiting c3.ai/products/c3-ai-reliability.About Univation Technologies, LLCUnivation Technologies is the global leader in licensed polyethylene technology. Univation has a proven track record of delivering process, product, and catalyst technologies as well as related technical services to the global polyethylene industry for more than 50 years. More than one-third of all HDPE and LLDPE resins produced globally is supplied by the industry-leading UNIPOL™ PE Process. Univation is also the world's leading manufacturer and supplier of conventional and advanced polyethylene polymerization catalysts designed specifically for the UNIPOL™ PE Process. For more information, visit www.univation.com. UNIVATION, XCAT, PRODIGY, PREMIER, ACCLAIM, UNIGILITY, stylized "Univation Technologies", and the stylized "U" are trademarks of Univation Technologies. UNIPOL and UCAT are trademarks of The Dow Chemical Company ("Dow") or an affiliated company of Dow, licensed for use to Univation Technologies.Media ContactUnivation Technologies LLCDuane ThompsonEmail: [email protected]About C3.ai, Inc.C3 AI is the Enterprise AI application software company. C3 AI delivers a family of fully integrated products including the C3 Agentic AI Platform, an end-to-end platform for developing, deploying, and operating enterprise AI applications, C3 AI applications, a portfolio of industry-specific SaaS enterprise AI applications that enable the digital transformation of organizations globally, and C3 Generative AI, a suite of domain-specific generative AI offerings for the enterprise.C3 AI Public RelationsEdelmanLisa Kennedy415-914-8336[email protected]Investor Relations[email protected]SOURCE Univation Technologies, LLC WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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