AspenTech announces support for sustainability goals

Aspen Technology (Asia) Inc

Friday, 19 November, 2021

AspenTech announces support for sustainability goals

Aspen Technology has announced the availability of its aspenONE V12 asset optimisation software release. The company says release V12.2 gives companies new sustainability models and product capabilities that accelerate digitalisation efforts in support of their sustainability initiatives.

The aspenONE V12 solutions now include more than 50 models, including many that provide insight into where operational efficiencies can be improved upon in support of Scope 1 and 2 CO2 emission reduction targets. Using these models, users can identify how to reduce emissions across the entire value chain; reduce usage of energy, water and feedstocks; transition to new energy sources like biofuels and hydrogen; and enable the circular economy through processes such as plastics recycling and waste-to-chemicals.

“Meeting CO2 emission reduction milestones in the quest to become carbon neutral requires companies to capture operational efficiencies by leveraging and deploying digital capabilities that deliver the insights needed to quickly and easily make adjustments to stay on track,” said David Arbeitel, Senior Vice President of Product Management at AspenTech. “The new release also provides a wide range of usability enhancements across our product portfolio to deliver faster time-to-value and drive high-value business outcomes.”

In addition to sustainability models, the new release includes a range of product enhancements and capabilities that AspenTech says are designed to provide intuitive usability, faster time-to-value and collaboration across the value chain. These include:

  • Aspen GDOT for Olefins: Optimises an entire olefins site with closed-loop dynamic optimisation that improves energy efficiency, reduces CO2 emissions and maximises profitability. A flowsheet environment simplifies model-building, deployment and maintenance and aligns planning with operations to optimise production.
  • Aspen Production Execution Manager (APEM): Allows work orders to be executed faster, achieve consistent, high product quality, and maintain regulatory compliance. The new APEM Mobile web application provides mobility and an intuitive touchscreen experience that ensures efficient, accurate execution and high-speed performance with faster optimised workflows.
  • Aspen Supply Chain Management (SCM) Insights: Allows users to collaborate cross-functionally with stakeholders across the supply chain, within one flexible environment, designed to digitally operationalise monthly business planning processes to deliver higher-value business outcomes.
  • Aspen Unscrambler: New capabilities to pre-process and manipulate batch data, including speed improvements for faster analysis of big datasets.

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