System-wide Improvements to LNG Processes and Estimating Accuracy Add
to Engineering Suite Capabilities
Aspen
Technology, Inc. (NASDAQ: AZPN), a leading provider of software and
services to the process industries, today announced the general
availability of aspenONE® Engineering, and aspenONE® Manufacturing and
Supply Chain Version 9.1 software.
The latest aspenONE Engineering innovations include the new Aspen Coil
Wound Exchanger, integrated with Aspen HYSYS® software to
complete the solution for rigorous modeling of all cryogenic heat
exchangers used in liquefied natural gas (LNG) applications at the
equipment and process level. With up to 40 percent of energy used during
the liquefaction of natural gas consumed by the refrigeration process,
the ability to conduct system-wide optimization, and debottleneck the
entire LNG process offers significant opportunity for energy savings and
avoidance of unplanned downtime.
The 2016 Cost Basis Update and new models in Aspen Capital Cost
Estimator™ software (ACCE) are also available in the latest aspenONE
V9.1 software release. Improvements to the piping and instrumentation
diagram (P&ID) editor improve ease-of-use and the accuracy of estimates
by reflecting engineering designs earlier, reducing CAPEX risk.
Supporting Quotes
Josh Fredberg, Executive Vice
President, Products & Marketing, AspenTech
“AspenTech is
pleased to deliver our latest innovations as we continue to expand the
scope for multi-dimensional optimization. The latest aspenONE software
release furthers our evolution from process optimization to asset
optimization with integrated engineering innovations that address our
customers’ most pressing asset performance business challenges.”
Supporting Resources
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 www.aspentech.com
© 2016 Aspen Technology, Inc. AspenTech, aspenONE, the Aspen leaf logo,
and OPTIMIZE are trademarks of Aspen Technology, Inc. All rights
reserved. All other trademarks are property of their respective owners.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161128005584/en/
Copyright Business Wire 2016
Source: Business Wire
(November 28, 2016 - 9:41 AM EST)
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