Aspen
Technology, Inc. (NASDAQ: AZPN), the asset optimization™
software company, today announced that Zeeland Refinery, a joint
venture between Total and Lukoil in Western Europe, will deploy Aspen
GDOT™ dynamic optimization software.
Aspen GDOT will initially be deployed on the middle distillate
production units across the refinery and will help Zeeland Refinery to
drive more consistent product quality, increasing middle distillate
production and advancing energy efficiency.
The dynamic coordination of APC (advanced process control) for multiple
process units by Aspen GDOT can help optimize all planning and
scheduling opportunities to drive higher than previously expected
profitability in operations.
Nathalie de Muynck, general manager at Zeeland Refinery said: “By
implementing Aspen GDOT with our existing AspenTech APC platform we can
realize additional optimization capabilities that will further improve
profit generation, therefore delivering significant value to our
shareholders.”
John Koumoutsakis, senior vice president of sales at Aspen Technology
added, “We look forward to helping Zeeland Refinery further improve its
operational efficiency by deploying Aspen GDOT. With changes to
regulations such as the IMO
2020 Marine Fuel Specifications that demand lower sulphur emissions
from marine fuel, the need to align planned performance with actual
performance is key to improving productivity levels.”
About Aspen GDOT
Aspen GDOT™ dynamic optimization technology
is a key part of AspenTech’s Unified Production Optimization solution
that enables customers to improve refinery margins by integrating
planning, scheduling objectives and economics with actual operations in
a closed loop. Aspen GDOT optimizes broad envelopes of refineries like
the middle distillate system, naphtha processing, residue processing and
H2 networks by coordinating several APC controllers for multiple process
units in real time. The patented data reconciliation technology
available in Aspen GDOT keeps models aligned with the actual performance
of units.
About Zeeland Refinery
Zeeland Refinery is a joint venture
of oil companies Total and Lukoil and is located in Vlissingen in the
province of Zeeland in the Netherlands. The refinery has an annual
production capacity of 11.5 million ton of fuels and raw material for
the petrochemical industry. It is one of the largest employers in the
region, offering work to 420 employees and 300 employees at its daily
maintenance contractors.
About Aspen Technology
Aspen Technology (AspenTech) is a
leading software supplier for optimizing asset performance. Our products
thrive in complex, industrial environments where it is critical to
optimize the asset design, operation and maintenance lifecycle.
AspenTech uniquely combines decades of process modelling expertise with
machine learning. Our purpose-built software platform automates
knowledge work and builds sustainable competitive advantage by
delivering high returns over the entire asset lifecycle. As a result,
companies in capital-intensive industries can maximize uptime and push
the limits of performance, running their assets safer, greener, longer,
faster. Visit AspenTech.com
to find out more.
© 2019 Aspen Technology, Inc. AspenTech, aspenONE, the Aspen leaf logo,
Aspen and Aspen GDOT are trademarks of Aspen Technology, Inc. All rights
reserved.
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