Press Release

AspenTech to Host Technology Summit in Beijing, China

November 8, 2016

A Powerful Opportunity to Accelerate Profit with a System of Success that Tames Market Volatility
BEIJING, China -

Aspen Technology, Inc. (NASDAQ: AZPN), a leading provider of software and services to the process industries, today announced that the AspenTech Technology Summit will be held at the Beijing International Convention Center from November 8 – 9, 2016. Antonio Pietri, AspenTech President and Chief Executive Officer, will discuss how groundbreaking innovations will transform the global process manufacturing landscape by maximizing returns across the entire asset lifecycle.

At the AspenTech Technology Summit in China, industry experts and company executives will focus on the emerging trends and technologies that will drive the next stage of growth for Oil, Gas and Petrochemical companies, and the Engineering & Construction companies that serve them.

Attendees will learn how leading global firms such as BASF, BP, Dow Chemical, Eli Lilly, Fluor, Huntsman, LyondellBasell, Petrobras, Shell Oil, and WorleyParsons have ascended the maturity curve for operational excellence by enabling new workflows that support asset optimization throughout the enterprise.

Attendees can also look forward to networking opportunities with industry peers, leaders and subject matter experts, as well as learn from customer success stories such as these:

-        Engineering case studies from CNOOC, PetroChina, Profertil, Sinopec and Reliance;

-        Advanced Process Control (APC) case studies from Sinopec and Qenos;

-        Manufacturing Execution Systems (MES) case studies from Cenway, Ecopetrol, Air Products and OMV;

-        Petroleum Supply Chain (PSC) case studies from West Pacific Petrochemical Co., Eni-Versalis and Essar.

At the Engineering track, discussions will focus on reducing energy expenditures/carbon dioxide emissions and improving refinery margins. Manufacturing & Supply Chain track discussions will include topics on Advanced Process Control (APC) deployment and maintenance workflows, big data and new technologies to improve manufacturing competitiveness, as well as bridging plan versus schedule gaps in crude processing. Both tracks will include live product demos about how aspenONE® software can help drive profitable outcomes.

Supporting Quotes
Dr. Filipe Soares-Pinto, SVP, Sales and Operations, Asia Pacific, AspenTech

“The Chinese chemical market is poised for growth, and ready for asset optimization to help unlock value across the entire lifecycle of industry assets. China will also need to rapidly adopt innovation that automates decades of captured knowledge, in the form of solutions that offer faster & easier implementation, secure access anywhere and anytime and an intuitive user experience that will help the new generation of engineers ramp up quickly to play pivotal roles in industry. AspenTech looks forward to continuing to partner with Chinese firms to help them realize the performance gains that result from adding reliability, availability and maintainability analysis to their operational excellence initiatives.”

Supporting Resources

·       aspenONE V9 Software

·       AspenTech Technology Summit Beijing

About AspenTech
AspenTech is a leading supplier of software that optimizes process manufacturing – for energy, chemicals, engineering and construction, and other industries that manufacture and produce products from a chemical process.  With integrated aspenONE solutions, process manufacturers can implement best practices for optimizing their engineering, manufacturing and supply chain operations.  As a result, AspenTech customers are better able to increase capacity, improve margins, reduce costs and become more energy efficient.  To see how the world’s leading process manufacturers rely on AspenTech to achieve their operational excellence goals, visit




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