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.

In this article, Transform and Grow – Manufacturing Excellence in Specialty Chemicals, Aspen experts discuss what is required to drive transformation in specialty chemicals through technology-enabled best practices.

Regardless of what our plans were in January 2020, nothing is the same in 2021 or the future. A digital strategy is no longer limited to a subset of impacted functions, but touches everyone’s goals organization-wide in some way, shape or form.

This article describes how engineering, procurement and construction (EPC) firms are now forging ahead as the industry recovers from years of cutting costs to scale resources back up as the volume and size of projects increase.

Energy is often the largest operating expense after raw materials for refining and petrochemicals companies, frequently starting out at over 50 percent of operating costs prior to energy reduction programs. Managing and optimizing these energy costs are critical capabilities for a refinery to meet profitability and sustainability targets. This white paper details the journey Bharat Petroleum Mumbai Refinery (BPCL-MR) in Mahul, India underwent to improve operations while optimizing energy costs.

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.

With new insight into the hydraulic performance of trays and packing you can make better decisions for more efficient column design, operation support and troubleshooting. This white paper compares the results of the new functionality to KG-TOWER and Sulcol software, as well as experimental data. 

This article appeared in the 2018 American Fuel & Petrochemical Manufacturers (AFPM) Conference Daily (Oct 2018) that highlighted the Operational Planning, Control and Automation Technologies session during which Chevron talked about the closed-loop, real-time coordination of a refinery middle distillate system, the benefits and key takeaways.

アスペンテックは、第一原理に基づくプロセスシミュレーションモデルと専門知識をAIおよびアナリティクスアルゴリズムと統合するための手法を考案しました。その結果生まれたアプリケーションソフトウェアは、第一原理モデリングだけ、あるいはAIだけの場合よりも多くのことを達成できるハイブリッドモデリングシステムです。

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.