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aspenONE® for ChemicalsMaximize and sustainoperational performanceand profitability withthe agility to react quicklyto market demandsand opportunities
“Business winners will master information to create speed of execution as a competitive weapon.” —Eric Silva, CIO, Lyondell Chemical CompanyaspenONE® for Chemicals OverviewThe chemical industry relies heavily on hydrocarbon-based feedstocks. As energy and feedstock costs continueto rise, energy efficiency and maximum throughput of existing assets becomes an increasingly critical issue.Other key factors impacting the industry include:• Increasingly competitive landscape due to globalization• Margin squeeze due to low product pricing power• Maintaining asset effectiveness at high plant utilization rates• Increasingly stringent governmental regulations• Increased market volatility and eroding customer loyaltyaspenONE for Chemicals addresses these challenges by providing an integrated solution set that tacklesinefficiencies end-to-end throughout engineering, planning and scheduling, and plant operations processes.Companies deploying aspenONE for Chemicals are able to generate benefits of approximately US$28 millionper year per plant*, with payback in months instead of years.aspenONE for Chemicals maximizes plant profitability by:• Optimizing feedstock selection and scheduling given actual plant constraints• Improving and accelerating process innovation, thereby reducing time-to-market for new products• Optimizing plant performance and reducing process variability given the trade-offs between capacity, yield and energy• Standardizing manufacturing workflow around best practices for high quality and high yield• Improving capital efficiency through maximum asset utilization• Reducing environmental riskaspenONE for Chemicals is a comprehensive and integrated solution set, offering a fully scalable and modularapproach. Companies have the flexibility to implement incrementally based on areas that will bring the mostimmediate benefits or that are causing the most business or operational pain, with a roadmap for incrementalvalue delivery. aspenONE for Chemicals also leverages existing installations of AspenTech products, extendingthose solutions for increased benefits.The solution set uses ISA-S95 standards, driving true plant-to-enterprise business process interoperability.Through its integration infrastructure and common real-time data model, aspenONE for Chemicals helps alignpeople, information, and business processes across organizational and technological boundaries.* Based on an integrated petrochemical plant example producing 500,000 metric tons per year of liquid-fed ethylene.
aspenONE for Chemicals is comprised of the following applications:Application BenefitaspenONE • Select and run the right feedstock and raw material qualitySupply Chain • Increase throughput through improved asset utilizationfor Chemicals • Improve scheduling by managing to the constraints of the plant • Make better decisions faster and closer to process capabilitiesaspenONE • Optimize setpoints against up-to-date constraints through the use ofAdvanced Process real-time online modelsControl for Chemicals • Decrease process variability • Maintain operations within established limits / desired targets • Increase production rates • Reduce waste and energy consumptionaspenONE • Standardize manufacturing workflow via cross-site benchmarkingProduction Management • Accurately assess, manage and meet production demands through daily data& Execution reconciliation for plan vs. actualfor Chemicals • Improve decision-making through real-time process visibility and tracking of operational KPIs • Enable procedural and regulatory complianceaspenONE • Supports cross-functional collaboration through the use of consistent modelsEngineering and datafor Chemicals • Drive process improvements and innovative designs through rigorous plant models, allowing plants to – Increase capacity and decrease energy – Improve yield and margins – Reduce capital and operating costs – Increase engineering efficiency – Bring new products and designs to market faster at a higher return on investment