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AspenTech delivers improved performance and rapid implementation at BASF chemicals plant
CAMBRIDGE, Massachusetts (September 24, 2001) – Aspen Technology (aspentech.com) has announced the completion of a project to apply a state-of-the-art production control solution at the BASF (basf.com) steam cracker plant, located in Antwerp, Belgium.
According to the two companies, the project was implemented in 44 weeks and delivered a number of benefits, including increased plant capacity and improved control of unit key operating variables. In addition, AspenTech revealed its production control solution was built on its DMCplus multivariable control technology, an advanced process control system capable of maintaining the plant at its optimal operating point, by driving the manufacturing process consistently against multiple constraints, and holding it there safely. According to AspenTech, the plant’s optimal operating point will be determined by an on-line closed-loop third party optimizer. “We are completely satisfied with the results of this project,” said Philippe Alluyn, Production Director Cracker, BASF Antwerpen. “Not only was the project completed on schedule in a very short time, but the measured benefits have totally met our expectations for increased plant capacity and controller on-stream factors.” In the application at BASF Antwerp, 13 controllers encompass the 10 cracking furnaces, the raw gas compressor and all major downstream units related to ethylene and propylene manufacturing. The largest controller controls the entire ethylene separation train, from the raw gas compressor to the C2 splitter column, including both refrigeration circuits; this single controller adjusts 36 manipulated variables in the process to maintain 82 controlled variables within limits. “The fast implementation and rapid returns achieved in this facility are typical of the many similar projects AspenTech has undertaken in the chemicals industry,” said Mary Palermo, Co-Chief Operating Officer of AspenTech. “Our deep knowledge of the process industries, and our best-in-class production control solutions, make us uniquely qualified to enable companies to become more profitable and competitive.”
Dow to market caustic soda on ChemConnect MIDLAND, Michigan (November 20, 2002) -– The Dow Chemical Company has announced plans to market caustic soda through an additional sales channel, ChemConnect (www.chemconnect.com), an electronic marketplace for buyers and sellers of chemicals and plastics worldwide, starting in December. Analyst firm predicts large market for Web Services managementWALTHAM, Massachusetts (November 19, 2002) --Web Services management is the second leading roadblock to Web Services adoption after security, according to a report released today by ZapThink, an XML and Web Services-focused industry analyst group. New software modules generate HMIS reports from chemical inventory systemFAIRFIELD, California (November 18, 2002) -- ChemSW has introduced two new modules for its CISPro CIS Chemical Inventory System that can be used to meet Hazardous Material Inventory Statement (HMIS) reporting requirements. 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Need for corporate accountability driving EPMIn the wake of massive corporate breakdowns at Enron, Worldcom and dozens of other prominent companies, accountability has become the watchword for corporate executives. Everyone - from the CEO on down - is in search of measurements to justify the decisions they made and to measure progress against goals. Cyber-security: It's time to play tough with the boardIn survey after survey, CIOs and IT executives claim that they are taking the threat of cyber-security attacks very seriously in the wake of the September 11 terrorist attacks. But the fact that the Slammer worm was able to cripple the Internet last weekend proves otherwise. SAP named market leader by META Group for Energy Utility Work Management SystemsWALLDORF, Germany (March 11, 2003) – SAP, provider of integrated business software solutions, has been ranked as the market leader in META Group's recently released report, METAspectrum for Energy Utility Work Management Systems. Elite International OK'd for automated U.S. Customs filingsHOUSTON, Texas (January 31, 2003) -- The non-vessel operating common carrier (NVOCC) of Elite International Transportation, a logistics provider serving the chemical, petrochemical, and food industries, has been approved by the U.S. Customs Service to submit advance cargo manifest information via the Automated Manifest System (AMS). Airgas 3Q earnings per share increase 35%RADNOR, Pennsylvania (January 29, 2003) --Airgas Inc., (NYSE: ARG) today reported earnings for its third quarter ended December 31, 2002. Net earnings for the quarter were $16.7 million, or $0.23 per diluted share, compared to $11.8 million, or $0.17 per diluted share, in the same period a year ago. Praxair reports 4Q earnings per share of 85 centsDANBURY, Connecticut (January 29, 2003) --Praxair Inc. (NYSE:PX) reported fourth-quarter 2002 net income of $140 million and diluted earnings per share of 85 cents, up from $118 million and 72 cents per share in the prior-year quarter. e-epoxy.com celebrates two years in businessMIDLAND, Michigan (January 29, 2002) -- e-epoxy.com, a no-frills sales channel for epoxy products started by Dow Chemical, celebrated the second anniversary of its launch today. HAHT announces demand chain management softwareRALEIGH, North Carolina (January 29, 2003) -- HAHT Commerce has announced general availability of HAHT Commerce Suite 7.1 with three new bundling options for chemical, consumer products and discrete manufacturers. DuPont declares quarterly stock dividendWILMINGTON, Delaware (January 29, 2003) -- DuPont (NYSE: DD) today declared a first quarter common stock dividend of 35 cents per share, payable March 14, 2003 to stockholders of record Feb. 15, 2003. 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The transaction is scheduled to close in June 2001, subject to regulatory approvals, CorrFlex's financing and the other customary closing conditions. Chesapeake expects to use the proceeds of the divestiture to reduce its long-term debt. Eastman to utilize ProAct Technologies' Web-based HR software for business-to-employee operationsWHITE PLAINS, New York (April 23, 2001) – Eastman Chemical Company (eastman.com has formed a strategic agreement with ProAct Technologies (proacttechnologies.com/home), a developer of enterprise-wide software for Employee Relationship Management, to implement ProAct's Knowledge Management solution to drive business-to-employee efficiencies and increase productivity. 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