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Industry Summary Articles

Tuesday, February 22, 2022

Numaligarh Refinery Limited Partners with Aspen Technology in Pursuit of Operational Excellence

Aspen Technology, Inc., a global leader in asset optimization software, announced that Indian energy company Numaligarh Refinery Limited (NRL) has chosen to partner with AspenTech in the company’s digitalization journey, in pursuit of operational excellence via proven innovation. With the deployment of software products, such as Aspen HYSYS®; Aspen Unified PIMS™; Aspen DMC3™; Aspen InfoPlus.21®; Aspen Tank Operations and Movement Systems™; and Aspen Operations Reconciliation and Accounting™, the company can sustain optimal plant performance, as well as make faster and more accurate decisions. 

Shri Bhaskar Jyoti Phukan, Director (Technical) & Managing Director I/c, Numaligarh Refinery Limited, said: “NRL is accelerating digitalization to stay at the forefront of innovation. Key initiatives include maximizing refinery capacity and achieving operational excellence across areas such as product delivery and production of low-volume, high-value products. Based on the anticipated value that AspenTech solutions can deliver, Numaligarh Refinery has scaled in the adoption of aspenONE Performance Engineering and Manufacturing and Supply Chain solutions. In doing so, the company can be assured of a reliable technology-driven pathway towards achieving operational excellence and production optimization in their refinery.” 

Lawrence Ng, Vice President of Sales, Asia Pacific & Japan, Aspen Technology, added: “Based on more than a decade of collaboration between both companies, we are pleased that Numaligarh Refinery has chosen to transform digitally with AspenTech. Domain expertise remains mission-critical and our AI solutions can be a powerful working strategy to accelerate business outcomes in the new normal.” 

To drive operational excellence, and help achieve sustainability goals, Numaligarh Refinery is using the following products:

  • Aspen HYSYS maximizes safety, throughput and profitability by optimizing the entire site in one environment via simulation and time-saving workflows.
  • Aspen Unified PIMS production planning software increases margins and saves time via usability and speed.
  • Aspen DMC3 to sustain optimal performance with adaptive process control, including deep learning technology.
  • Aspen InfoPlus.21 unlocks information with a flexible data foundation that generates value by creating a complete picture of production operations.
  • Aspen Operations Reconciliation and Accounting to improve accuracy in production accounting by enabling better decision-making using one integrated model.
  • Aspen Tank Operations & Movement Systems to proactively manage inventory and react quickly to disruptions.

To view the original press release, please click here.

Search for Aspen Technology on CIMdata.com

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