As operational demands increase and margins tighten, it’s no longer enough to rely on traditional predictive maintenance practices. To stay competitive, companies must embrace a more integrated, proactive approach to Asset Performance Management (APM)—one that combines AI/ML, safety-first maintenance practices and smarter investment planning to transform asset management.

To run an ethylene plant longer, safer and greener, digitalization plays a pivotal role. In today's unfavorable market conditions, digital solutions are needed to improve the overall profitability and sustainability of operations.

The World Refining Association (WRA) spoke with Don Busiek, SVP of Asset Performance Management at AspenTech, about how asset performance management solutions can help companies achieve their digitalization and sustainability goals.

The World Refining Association (WRA) continues its discussion with Don Busiek, SVP of Asset Performance Management at AspenTech. They delve into the current talent recruitment challenges faced by the Energy industry and explore the role of digitalization in addressing this issue.

ORYX GTL Limited is a gas-to-liquids (GTL) diesel and naphtha producer located in Doha, Qatar. The company is committed to reducing its carbon production through the minimization of flaring. By implementing AspenTech´s product and process quality analytics solution, Aspen ProMV®, ORYX was able to increase its diesel and naphtha yield.

Are you struggling to extract meaningful insights from your industrial data using traditional PLS (Partial Least Squares) modeling techniques? It's a common challenge—despite scrutinizing scores, loadings and statistical parameters, achieving satisfactory model performance remains elusive.

A leading global producer of catalyst solutions and specialty chemicals faced a significant challenge as a result of light impurities causing product quality issues in its downstream production units. By implementing Aspen ProMV, the company witnessed a rapid time to value, with analysis and modeling completed in a fraction of the time required by competing solutions.

Learn how AspenTech University can help organizations to navigate challenges and compete at the highest level with our end-to-end competency development curriculum. AspenTech University offers flexible, expert-led classes that teach the in-depth knowledge and skills required to fully apply AspenTech solutions. Learn by solving real-world problems through hands-on exercises.

A recent study conducted by ARC Advisory Group analyzed how leading manufacturing companies are leveraging artificial intelligence (AI) and machine learning tools to improve asset performance. While condition-based maintenance is most prevalent, the study found that leaders have successfully built AI capabilities to enhance asset performance practices through in-house platforms, commercial solutions and a combination of both.

Uncontrolled flare emissions are a costly economic and environmental risk for energy and chemicals companies. During this webinar, learn how Braskem Process Engineers investigated losses in a downstream column and used Aspen ProMV to quickly resolve the problem — saving >$1M a year in losses to flare.