▪️About Refinery Digitalization
In Vision 2035, which outlines its long-term aspirations, the Cosmo Energy Group has committed to ensuring a stable supply of petroleum products while thoroughly strengthening competitiveness. As part of this commitment, Cosmo Oil is working to enhance efficiency through the digitalization of its refineries utilizing AI and other digital technologies. In May 2024, the Company introduced a data integration platform at all three refineries, realizing centralized management of drawings, facility inspection records, operating data, maintenance plans, and other information. By analyzing and leveraging the data accumulated via the platform using AI, the Company is accelerating its predictive maintenance initiatives, including the early detection of signs of equipment failure and the enhancement of maintenance planning. In addition, the Company is also undertaking other initiatives, such as operating systems for the integrated management and enhancement of maintenance strategies, building digital twins that replicate real-world refineries in a virtual space, and supporting refinery maintenance from remote locations.