CIMdata PLM Industry Summary Online Archive
12 January 2005
Product News
AspenTech Announces aspenONE T Planning, Scheduling and Blending for Petroleum
Aspen Technology, Inc . announced the availability of aspenONE Planning, Scheduling and Blending for Petroleum, a software module that provides an integrated set of capabilities for petroleum refinery and petrochemical plant planning, scheduling and blending activities. This role-based multi-user enterprise module enables companies to integrate their plant planning functions, including feedstock evaluation and product slate optimization, with their scheduling and blending functions, including unit operations, product blending and product shipping. Petroleum industry experts indicate that integrated enterprise plant solutions such as aspenONE Planning, Scheduling and Blending for Petroleum can lead to significant savings in both one-time and annual recurring costs.
"In today's complex downstream environment, refiners and petrochemical producers need to reduce their feedstock acquisition costs and overcome capacity limitations while simultaneously meeting customer demand," said Steve Pringle, Senior Vice President, AspenTech. "aspenONE Planning, Scheduling and Blending for Petroleum is the first integrated module that helps plant managers, planners, and schedulers develop and execute the most profitable operating plans, and respond more quickly to dynamic market conditions in a coordinated manner."
aspenONE Planning, Scheduling and Blending for Petroleum integrates the capabilities of Aspen PIMS T , Aspen Orion T , Aspen MBO T and Aspen Blend T , and adds measurement and visibility capabilities including plan vs. actual performance and other critical key performance indicators (KPIs). Built on Aspen Operations Manager, the module leverages a common data model that ensures the use of consistent data and models throughout the organization, and incorporates an enterprise-ready integration infrastructure.
In addition to planning and scheduling functionality, aspenONE Planning, Scheduling and Blending for Petroleum also generates optimal blend recipes on an event-driven basis across the scheduling horizon, and provides standard blend control interfaces that enable automated export of optimized blend recipes to blend control systems. Improving planning, scheduling and blending functions has been recognized as a key initiative by AspenTech's Foundation Client Program, a group of global petroleum companies whose goal is to identify and pioneer next-generation solutions for the petroleum Enterprise Operations Management (EOM) market space. The aspenONE Planning, Scheduling and Blending for Petroleum module is a part of AspenTech's holistic EOM solution for the petroleum industry, aspenONE for Petroleum, which features modules built on AspenTech's range of industry-leading technology applications including Aspen HYSYS ® , Aspen Plus ® , DMCplus ® , InfoPlus.21 ® , Aspen Retail and Aspen PIMS.
Become a member of the CIMdata PLM Community to receive your daily PLM news and much more.
Tell us what you think of the CIMdata Newsletter. Send your feedback.
CIMdata is committed to your privacy. Your personal information will never be sold or shared outside of CIMdata without your express permission.