YCI Methanol One Company Will Run on Infor CloudSuite Solutions

United States – May 13, 2019, 09:00 AM

Cloud deployment and industry functionality solves challenges of small IT team and complex global demands

NEW YORK – May 13, 2019 – Infor, a global leader in business cloud software specialized by industry, today announced that YCI Methanol One, LLC (YCI), a venture between Yuhuang Chemical Industries Inc. (YCII) and Koch Methanol Investments, LLC (Koch Methanol), has selected Infor CloudSuite solutions to run its methanol enterprise.

YCI is currently building a world-scale Mega Methanol® plant, with a nameplate capacity of 1.7 million metric tons per year, located in St James Parish, Louisiana. The project is expected to be in operation by the fourth quarter of 2020. By selecting Infor’s CloudSuite Solutions including Infor M3 Cloud for their ERP along with both CloudSuite EAM and CloudSuite HCM, YCI will be able to optimize the end-to-end operation of its business.

YCI evaluated a number of ERP systems, according to Pat Dennard, YCI’s IT Manager, who was tasked with selecting the ERP system. The start-up state of the business and the growth potential for the plant required a system that was scalable with evolving demand, yet manageable for a small IT staff. Dennard said, “After researching the top ERP solutions available, Infor was determined to be the best fit for our purposes in terms of capability, scalability, and ease of maintenance.”

When discussing other driving factors in the selection on Infor, Dennard explained that cloud deployment was a necessity. “I have a very small IT team – myself and two others – so an on-premises solution just isn’t practical. Being able to hand over the care and feeding of everything to Infor and AWS removes a large amount from our already crowded plate,” he said.

In addition to the ERP system, YCI will be deploying Infor EAM to manage the commissioning and turnover from the construction phase. Once the plant is up and running, EAM will provide the insight to minimize maintenance expenses of critical assets throughout the plant. YCI will also benefit from Infor’s CloudSuite HCM solution, which features advanced talent science functionality designed to help optimize recruiting, onboarding and retaining talent, essential today when shortages of skilled workers challenge manufacturers. The team said that they were glad to integrate these three major packages into the same product suite, because it makes things so much easier than having to work with solutions from different vendors. If there is a problem, then there is only one vendor to deal with – Infor.

Mike Edgett, Infor Director of Industry and Solution Strategy, said, “We have very strong functionality in our solution tailored for the chemicals industry. The manufacturing process is complex and requires numerous steps that must be carefully controlled, meeting strict compliance mandates. Our solutions are built to manage those with ease.”

About Yuhuang Chemical Industries Inc. (YCII)

Yuhuang Chemical Industries Inc. (YCI), is a U.S. wholly owned subsidiary of the Shandong Yuhuang Chemical Company, Ltd. based in Shandong Province, China. YCI is building a Methanol Facility on more than 1,200 acres the company purchased in 2015 along River Road, between the Mississippi River and La. 3127 Hwy, and on the former site of the old St. James High School in St. James Parrish. Construction of the $1.85 billion complex began in January 2017. Yuhuang Chemical first announced the St. James project in St. James Parish, La. in 2014. http://yci-us.com/.

About Koch

Koch Methanol, LLC and its affiliates are committed to supplying methanol to a global customer base in a competitive and timely manner. Methanol is used in the manufacturing of countless everyday products, including plywood, carpet, fuels and plastics. Koch Methanol, LLC is a subsidiary of Koch Ag & Energy Solutions, LLC with offices in China, Houston, and Wichita, KS. www.kochmethanol.com.

About Infor

Infor is a global leader in business cloud software specialized by industry. With 17,300 employees and over 68,000 customers in more than 170 countries, Infor software is designed for progress. To learn more, please visit www.infor.com.

Infor customers include:

  • 19 of the top 20 aerospace companies
  • 9 of the top 10 high tech companies
  • 18 of the 25 largest U.S. healthcare delivery networks
  • 18 of the 20 largest U.S. cities
  • 19 of the top 20 automotive suppliers
  • 17 of the top 20 industrial distributors
  • 15 of the top 20 global retailers
  • 4 of the top 5 brewers
  • 17 of the top 20 global banks
  • 9 of the 10 largest global hotel brands
  • 8 of the top 10 global luxury brands

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This announcement reflects the direction Infor may take with regard to the specific product(s) described herein, all of which is subject to change by Infor in its sole discretion, with or without notice to you. This announcement is not a commitment to you in any way and you should not rely on this document or any of its content in making any decision. Infor is not committing to develop or deliver any specified enhancement, upgrade, product or functionality, even if such is described in this announcement and even if such description is accompanied by words such as “anticipate,” “believe,” “expect,” “intend,” “may,” “plan,” “project,” “predict,” “should,” “will,” and/or similar expressions. Many factors can affect Infor’s product development plans and the nature, content and timing of future product releases, all of which remain in the sole discretion of Infor. This announcement, in whole or in part, may not be incorporated into any contractual agreement with Infor or its subsidiaries or affiliates. Infor expressly disclaims any liability with respect to this announcement.

Media contact:
Pam Records
Infor
(317) 489-8315
pam.records@infor.com

Filed Under
  • Press Releases
Industry
  • Oil and Gas/Energy
Product
  • CloudSuite Enterprise Asset Management
  • CloudSuite HCM
  • M3
Region
  • Worldwide
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