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Formosa Plastics Group selects Lloyd’s Register’s to optimize chemical plant inspection 4/7/2021 Lloyd’s Register, a professional services company specializing in engineering and technology solutions, is to deploy its asset performance and risk management solution AllAssets across 94 of Formosa Plastic Group’s Taiwanese plants. Formosa Plastics Group, one of Taiwan's top petrochemical companies and a world leading producer of polyvinyl chloride resins, is working with Lloyd’s Register to achieve operational excellence through Industry 4.0. The partnership is part of a...

Advertisement Resolving non-conformance reports (NCRs) is a fundamental step in managing performance and risk of critical assets. Lloyd’s Register, a professional services company specialising in engineering and technology solutions, has said that users of its asset performance and risk management platform AllAssets will now benefit from a new module called events management. The new module will allow users to create a robust approach for meeting requirements associated with managing NCRs. By closely tracking non-conformance through to resolution using events management, maintenance and int...