Articles
2004
Gasoline-Price Spikes Linked To Refiners' Lower Inventories
The Wall Street Journal
December 20, 2004
P&G Has Better News on Stock-outs
Supply Chain Europe
Procter & Gamble use AspenTech SC Planning software to help create a consumer driven supply network (CDSN)
December 1, 2004
Software, hard cash
Petroleum Economist
Recent years have seen advances in information technology (IT) deliver substantial boosts to the bottom line for many companies. But there are further opportunities for profitability gains, both from improving existing systems and from greater integration between the control systems that drive facilities such as refineries and the back-office systems that keep a beady eye on the company finances.
December 1, 2004
Refinery Asset Management Using AspenTech's EOM Solutions
Hydrocarbon Processing
For refiners, asset performance counts. As oil and energy prices increase, the pressure to keep refineries operating at high utilization rates is intense. Controlling operating costs at the same time is possible only through aggressive plant asset management.
November 17, 2004
Opportunity for EOM in Downstream Petroleum
Hydrocarbon Processing
AspenTech believes creating margin in downstream petroleum depends on the ability of an oil company to make the best buy vs. make vs. trade decisions, every day, every hour, at every point along the petroleum supply chain.
November 15, 2004
Integration for Innovation
Hydrocarbon Engineering
Integration for Innovation: HYSYS™ and DMCplus™. This article describes the integration of Rigorous Dynamic Simulation systems and Advanced Process Control techniques and presents the results obtained using this methodology in three different case studies.
November 1, 2004
Where Are Chemical Engineers Headed?
Chemical Processing Magazine
The prospects for the chemical engineering profession in the United States long have been intertwined with the production of chemicals. Changing markets and stronger prospects in other sectors are weakening this link and are creating significant shifts in where and how chemical engineers will work.
August 5, 2004
Frost & Sullivan Movers and Shakers Interview: David McQuillin CEO of AspenTech
Frost & Sullivan
June 11, 2004
AspenTech is well positioned to capitalize on the corporate focus to improve process efficiency across the organization.
Obtaining Value From Oil & Gas Model Based Asset Management
Andy Howell, Aspen Technology, presented at the Gas Processors Association
In this paper Aspen Technology will discuss some of the key success factors for a successful implementation of an optimiser, surveillance or planning system to an Oil & Gas Asset. Initially the Asset needs true buy in from members of all the differing disciplines, and a willingness to maintain their parts of the models used. To improve this buy in, the industry is finding that it helps to build the models using the favoured tool sets of the various discipline involved, which will naturally tend to be maintained. The use of standard, but disparate tool sets across engineering, financial and management disciplines requires the ability to integrate and communicate within the desired workflow. Recent advances in software engineering with the use of Microsoft .NET technology are making the dream of engineering modelling software and finance system collaboration a real possibility. The paper will review the requirements of integrated asset modelling systems and review some of the successes and failures of Operating Companies in achieving this dream. Aspen Technology will challenge the industry to help shape the revolution in integrated asset models.
May 19, 2004
Hitting ULS Targets Through Hydrogen Management
PTQ Magazine
May 1, 2004Leading Austrian refiner OMV describes how improved hydrogen management strategies have enabled it to identify cost savings of more than € 5 million per year while meeting the demands of its ultra-low sulphur (ULS) fuel processes. The cost improvements were identified using simulation and optimization methodologies which are part of the PRO-EN Services offering jointly delivered by AspenTech and Air Liquide.
Reproduced with kind permission of PTQ magazine.
What Dynamic Simulation brings to a Process Control Engineer: Applied Case Study to a Propylene/Propane Splitter
London, UK
Europen Refining Technology Conference. ERTC.
May 1, 2004
Advanced Control Methods Improve Polymers' Business Cycle
Hydrocarbon Processing
Oktay Karazog and Jan Versteeg of SABIC Polyolefine GmbH and Michael Mercer and Paul Turner of AspenTech discuss how SABIC, a major European polyolefins producer, used AspenTech's polymers solution to increase plant capacity without equipment retrofits.
April 1, 2004
Innovation Transfer
Control Engineering
Experiences in the life-sciences industry serve as a lesson for all: Reducing product time-to-market requires the knowledge of chemists, scientists, and technologists be accurately and efficiently transferred to process engineers and operators.
April 1, 2004
Refinery Wide Simulation
Hydrocarbon Engineering
Denis Westphalen and Hiren Shethna, Aspen Technology, Inc., Canada, explore how a rigorous refinery wide simulation tool can be used to analyze different strategies for benzene control in gasoline
March 1, 2004