What is a digital twin? Why is it an essential building block for your organization’s initiatives, such as sustainability, operational excellence and improved margins? Leading energy and chemical companies are leveraging digital twin technology to model the behavior and performance of assets to improve their bottom line. In this on-demand webinar AspenTech’s Market Strategy Director and industry expert Ron Beck shares how digital twin technology provides the following benefits:

Refining and chemical companies are tasked with finding ways to bridge the gap between planned and actual plant performance to improve profit margins. Dynamic optimization technology addresses these challenges by vertically integrating planning, scheduling and advanced process control (APC) in a closed loop. Join AspenTech experts for a demonstration of Aspen GDOT and learn how it enables you to:

How are you using technology to make CAPEX and OPEX tradeoff decisions in the current volatile market? Many industry leaders are leveraging digitalization in their scenario planning to respond to fast changing conditions while minimizing the impact on business.

How effective are your sustainability initiatives—especially given the current global environment? Early returns from the ARC Advisory Group benchmarking survey reveal that sustainability is just as important as other key programs such as margin optimization and operational excellence. What about worker safety, the environment and digitalization? You may be surprised how your peers responded.

Las compañías de refinación y de la Industria química tienen la tarea de cerrar la brecha entre el desempeño planeado y el real de la planta con el objetivo de mejorar los márgenes de ganancia. La tecnología de optimización dinámica aborda estos desafíos al integrar verticalmente la planeación, la programación y el control avanzado de procesos (APC) en lazo cerrado. Reúnase con la experta de AspenTech, Angélica Tequia, para una demostración en vivo y aprenda cómo Aspen GDOT le permite:

How are you using technology to make CAPEX and OPEX tradeoff decisions in the current volatile market? Many industry leaders are leveraging digitalization in their scenario planning to respond to fast changing conditions while minimizing the impact on business.

Digitalization is an imperative in today’s volatile environment where a new generation of younger, inexperienced operators bring increased risk. The process industries, in particular, need new ways to help operators navigate the growing complexity that comes with the job. Innovations in process modeling, 3D visualization and digital twin deployment enable operators to practice their skills digitally in identifying and responding to potential issues, mitigating risk and optimizing performance.

Process manufacturers are besieged with all kinds of data. The increasing volume and detail of information captured by enterprises is a strong indication that leaders in every sector must deal with the implications of big data. Modern analytics in aspenONE Process Explorer deliver new capabilities that enable deeper and richer analyses and provide speedy access to the information needed to keep production running smoothly.

Widely used in various chemical manufacturing processes, inferential property models enable improved control by providing estimated properties in real-time. During this webinar, one of Dow Chemical’s APC engineers will discuss the practical application of inferential models as feed forwards in Aspen DMCplus® to manage the inventory of a reactor where the composition and flows into the recycle feed change over time.

Sustainability is imperative for companies to remain profitable and relevant in the evolving marketplace. Many companies are incorporating sustainability targets into their business goals and renewing their commitments through this extreme market volatility. With the help of technology, a focus on becoming more sustainable can offer companies opportunities to gain higher returns and drive new levels of optimization.