Process Optimization
GE awarded service contract for biorefinery
PARIS — GE Power was selected by Alco Bio Fuel, one of Belgium’s major biorefineries, to deploy its Predix-based Asset Performance Management (APM) solution to future-proof the refinery’s power-generation unit’s refinery field operations. The service contract will last for 10 yr, and GE will also be responsible for providing on-site service support.
Hanwha Total petchem to invest $331 MM to boost polyethylene output
SEOUL (Reuters) — Hanwha Total Petrochemical Co Ltd said on Monday it plans to spend $331.29 MM on a new factory in South Korea to increase polyethylene output by 400 Mtpy by 2019.
Emerson completes Paradigm acquisition
ST. LOUIS — Emerson announced it has completed the purchase of Paradigm, a leading provider of software solutions to the oil and gas industry.
Continuous catalytic regeneration reformer optimization: A result of change in mindset
In today’s industrial environment, where refiners are struggling to improve gross refinery margins, around-the-clock process optimization is a must.
Maximizing energy efficiency in paraxylene production—Part 1
Due to reduced margins, higher energy costs and rising atmospheric carbon dioxide (CO<sub>2</sub>) content, energy efficiency has never been more important in refining and petrochemicals.
DuPont awarded five alkylation technology licenses from Sinopec
WILMINGTON, Del. — DuPont Clean Technologies signs contracts with China Petroleum & Chemical Corporation (Sinopec) for five grassroots STRATCO alkylation units at five Sinopec refineries in China.
JXTG Nippon selects AspenTech supply chain software
BEDFORD, Mass. — Aspen Technology, Inc., the asset optimization software company, announced that JXTG Nippon Oil and Energy, the largest oil company in Japan, has selected the company’s aspenONE Petroleum Supply Chain software as its preferred optimization solution for economic and operational planning.
BP, AspenTech renew license agreement to improve operations through technology
BEDFORD, Mass. — Aspen Technology, Inc., the asset optimization software company, announced that BP has renewed its license agreement for aspenONE Engineering, a suite of products focused on process engineering and optimization, and aspenONE Manufacturing and Supply Chain, a suite of process operations and supply chain software.
Dangote selects AspenTech software for its refinery
BEDFORD, Mass. — Aspen Technology, Inc., the asset optimization software company, announced that the Dangote Group, the largest conglomerate in West Africa and one of the largest on the African continent, has selected Aspen PIMS-AO software for economic and operational planning.
Optimization: Filtration for processes inside refineries
Proper filtration is one of the most important functions performed inside refineries.
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21