Benzinga | Oct 15, 2021 04:36PM EDT

Flotek Industries Releases AIDA To Reduce Transmix-Related Costs

JP3 Measurement, LLC ("JP3"), a wholly-owned subsidiary of Flotek Industries, Inc. (NYSE:FTK) today announced the release of AIDA, a revolutionary new patent pending application for its line of VeraxTM near infrared real-time analyzers. Short for "Automated Interface Detection Algorithm," the AIDA application provides real-time detection of interfaces in a liquids pipeline. Rapidly deployable on VeraxTM analyzers without the need for additional sampling or chemometric modeling, the AIDA application can identify products such as refined fuels, crude and NGLs with its advanced machine learning algorithms that detect interfaces within 60 seconds. This allows operators to cut batches quickly and accurately, reduce the mixing of two separate products (known as "transmix") and minimize off-spec product that requires downgrades.

"The AIDA application is a game-changer in transportation of multiple products ina common pipeline," said TengBeng Koid, JP3's President. "The rapid identification of batch interfaces allows operators to reduce product downgrades and transmix significantly and hence increase their profit margins. It can also reduce their carbon footprint, as a reduction in transmix means less energy is needed for transportation and reprocessing of transmix, thus enhancing their ESG scorecard."

The AIDA application is compatible with all JP3 VeraxTM analyzers. VeraxTM analyzers can measure hydrocarbon composition, vapor pressure, boiling point, flash point, API gravity and other physical properties in seconds. VeraxTM analyzers have no moving parts, no consumables, and no sample conditioning system, which extends system life and reduces maintenance costs.

To learn more about technical aspects of AIDA, please visit https://www.jp3.com/products/aida-application or contact sales@jp3.com.