HORIBA Group company announced today that it has acquired Process Instruments, Inc. Process Instruments, a leading developer and manufacturer of Raman process spectroscopy for environmental and process markets, will become part of the HORIBA Group’s.
Controlling the state of a product material through real-time monitoring of its chemical reaction process is becoming more critical than ever to achieve not only fast but also high-quality production in every industry, which is currently driving demand for industrial process monitoring. Especially at refinery and petrochemical sites, companies are pursuing efficient measurement of a wide variety of streams in harsh environments.
As one core product of Process Instruments, its Raman process spectroscopy is highly competitive and holds a large share of the North American market due to superior robustness and the ability to analyze dozens of streams with a single instrument. By taking advantage of HORIBA’s global sales and support network, we can expand Process Instruments’ industrial process monitoring business from North America to the rest of the world.
Integrating technologies from our companies brings tremendous potential. Raman process spectroscopy is not only one technical strength of HORIBA as a superior analysis solution at a molecular level but also a distinct feature of core Process Instruments products. Compared with chromatography and near-infrared spectroscopy, two other predominant analysis solutions, industries are showing even broader needs for Raman spectroscopy in industrial process monitoring due to its high-precision analysis capabilities.
Moreover, HORIBA provides a lineup of high-precision spectroscopy solutions amassed over many years across various applications besides Raman spectroscopy. Integrating Process Instruments’ robust devices and data analysis capabilities cultivated in oil markets with HORIBA’s highly accurate spectroscopy solutions is expected to realize high-precision real-time monitoring and create new applications for Raman spectroscopy.
We will create new applications for our technologies in industrial fields experiencing fiercely competitive development by promoting a synergistic effect between HORIBA and Process Instruments technologies. We will broaden our perspective as well to create applications for carbon-neutral fields. Developing a wide range of applications in step with the three megatrends in the Energy & Environment, Bio & Healthcare, and Materials & Semiconductor markets will help revolutionize manufacturing.
Process Instruments Inc. allows HORIBA Process & Environmental to expand its Raman analyzer offering for the petrochemical and renewable energy markets. Process Instruments Inc. adds laboratory QC/QA and process Raman technology to HORIBA’s Raman portfolio. This enhances HORIBA’s global leading position, with HORIBA Scientific already providing Raman technology for the research and development markets.