Aspen Technology Advances BPCL’s Sustainability Initiative
17 Maio 2023 - 11:42AM
Business Wire
Collaboration Results in Faster, Greener
Feedstock Selection
Aspen Technology, Inc. (NASDAQ: AZPN), a global leader in
industrial software, today announced that its process simulation
and optimization expertise is being integrated with Bharat
Petroleum Corporation Limited’s (BPCL) real-time crude assaying
platform to achieve greater agility and more accurate
decision-making in feedstock selection, monitoring and optimization
of crude distillation units performance. The collaboration is part
of BPCL’s commitment to achieve net zero emissions by 2040.
As part of the collaboration, AspenTech’s process simulation
solution, Aspen HYSYS®, and its feedstock optimization solution,
Aspen PIMS™, are being integrated into
BPCL’s BPMARRK®, a patented technology for predicting detailed
refining characteristics of crude oils.
"Refiners often process mix of crude oils, for which accurate
assay is not available on real-time basis. Variations in crude
quality as well as lack of reliable crude assay information makes
the task of real-time optimization extremely challenging if not
impossible,” said Mr. Sanjay Khanna, Director (Refineries) at BPCL.
“BPMARRK® generates the entire assay within one hour as compared to
several weeks through conventional laboratory methods, and it
predicts detailed Crude Oil Assay with more than 500 data
information of any unknown crude oil within 2-5 minutes making it
extremely useful for real-time applications.” Added Dr. Ravi Kumar
V., Head (R&D), “BPMARRK® will benefit our community of users
with faster and more accurate decision-making for the
characterization of crudes and maximize the refinery
profitability.”
Sunil Patil, Senior Director, Solution Consulting at AspenTech,
said: “AspenTech is pleased to expand its long-standing partnership
with BPCL to ensure operational excellence and generate
sustainability advances from more informed feedstock selections and
value additions to its accurate processing in crude distillation
units. In addition, the integrated solution will enable real-time
decisions in response to changing operating conditions.”
Supporting Resources
- Bharat Petroleum Corporation Limited
- BPMARRK (bharatpetroleum.in)
- Aspen HYSYS®
- Aspen PIMS™
About Aspen Technology
Aspen Technology, Inc. (NASDAQ: AZPN) is a global software
leader helping industries at the forefront of the world’s dual
challenge meet the increasing demand for resources from a rapidly
growing population in a profitable and sustainable manner.
AspenTech solutions address complex environments where it is
critical to optimize the asset design, operation and maintenance
lifecycle. Through our unique combination of deep domain expertise
and innovation, customers in asset-intensive industries can run
their assets safer, greener, longer and faster to improve their
operational excellence. To learn more, visit AspenTech.com.
© 2023 Aspen Technology, Inc. AspenTech, aspenONE, the Aspen
leaf logo, Aspen, Aspen HYSYS and Aspen PIMS are trademarks of
Aspen Technology, Inc. All rights reserved.
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version on businesswire.com: https://www.businesswire.com/news/home/20230516005867/en/
Aspen Technology, Inc. Georgina Tan +65 6395 3913
Georgina.Tan@aspentech.com
Aspen Technology (NASDAQ:AZPN)
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