In today's competitive environment, process industry companies are focused on two key objectives: profitability and delivering value to customers. However, these objectives are often disparate goals ...

Learn how variable costs fluctuate with production levels and their impact on profit margins. Explore examples like raw materials and hourly labor.

I recently surveyed the on-site development of the control system for a large concentrated solar power station. This “first of a kind” facility offered many control challenges, such as balancing heat ...