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Strategies to Manage Asset Performance
To achieve operational excellence, process manufacturers must quickly and systematically address the root causes of asset reliability problems, which include inadequate operating procedures, poor design, and improper scheduling of production.
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Reformer Model-Based Inferential Properties Embedded in APC
A major European refiner implemented Aspen Technology’s reformer inferred property package for control and optimization of their catalytic reformer in two of its refineries. Download this article to learn more about the company's methodology of execution and the benefits derived.
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Digitalization is the Next Step in Chemicals Excellence
Digital technologies offer significant opportunity for improved quality and cost savings across the chemicals industry by enabling more efficient design, operation, and maintenance of assets throughout their lifecycle. However, many chemical companies are still in the early stages of understanding how such opportunities can be applied effectively to their business. This article highlights how top companies are using data to drive business and operational decisions, and are progressing with their own transformation to the next level of performance and operational excellence.
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AspenONE MES Software Converts Data into Value for Operational Excellence
LOTTE Advanced Materials was looking for a tool that would convert data into value to drive operational excellence. In this ARC Advisory Group article, read how LOTTE chose AspenTech’s aspenONE Manufacturing Execution Systems (MES) software to transform digitally, and build a robust data analytics platform. Now, LOTTE is able to lock in a visionary software implementation roadmap to optimize business processes and operations.
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Blacks Swans and Gray Rhinos: Building Future Resilience
As all companies have been challenged by the current economic and health crisis, the successful recovery requires a new view toward future development and growth with metrics that consider broad and more long-term goals. Featured in Hydrocarbon Processing, AspenTech’s Paige Morse shares considerations for building future resiliency that center around digitalization.
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Bangkok Post - Petrochemicals to see growth
As domestic and global economies heal, the petrochemicals industry will enjoy healthy demand growth for the next two years, but greater emphasis on productivity
technologies is needed to seize this growth. Read this article to learn how refineries, looking to improve their productivity, must bring scheduling activities under a single platform in order to streamline their workflow and achieve a greater view of the entire petroleum supply chain.
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Acceleration of Digitalisation is Shaking Up the Process Industry
The impact of COVID-19 has accelerated digitalisation for the process industry. In this exclusive interview with Pipeline Oil & Gas News, Antonio Pietri, President and CEO of AspenTech®, discusses how this acceleration of digitalisation will lead to the creation of a Self-Optimizing Plant.
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New Paradigms of Sustainable Value in 2021
As energy companies shift to a new normal due to the pandemic, the energy transition continues to gain strong momentum. Industry leaders are focused on meeting aggressive sustainability targets and are making investments in digitalization to accelerate innovation.
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Modelling for ULSD Optimisation
This article (published in PTQ Magazine) describes how the on-line coordination and optimisation of refinery process units led to a 10% increase in middle distillate production without investing in process units or equipment.
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Bringing the Power of Industrial AI to the Chemical Industry
Leaders often wonder, where do we apply digital technologies to the challenges in our business? How can we chart our success? This uncertainty is understandable considering the technology’s complexity and rapid evolution, but understanding and integrating artificial intelligence (AI) is increasingly critical to competitiveness in the chemical industry.
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