While most chemical companies have sustainability initiatives in place with varying reliance on digital technologies to achieve these goals, challenges remain. What are the key enablers to eliminate emissions and waste, extend material use and regenerate natural systems? How do new innovations accelerate this effort?

Sustainability remains top-of-mind for most executives as they work to balance environmental concerns with business performance. Digital solutions have emerged as a key enabler to help companies make progress toward their sustainability goals.

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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.

¿Como utiliza la tecnología para tomar decisiones de proyectos CAPEX y OPEX en el mercado volátil actual? Muchos líderes de la industria están aprovechando la digitalización en su planificación de escenarios para responder a condiciones que cambian rápidamente minimizando el impacto en los negocios.

Las empresas de energía y productos químicos siempre buscan reducir el CAPEX mientras aceleran los proyectos en facilidades existentes. La nueva tecnología de AspenTech de diseño 3D conceptual OptiPlant, integrada con otras herramientas de estimación y simulación de procesos, puede reducir el tiempo de análisis de alternativas a la mitad e identificar de la forma más rápida el mejor diseño y así poder ahorrar hasta un 30% en CAPEX.

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.

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:

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.