JXTG Nippon Oil and Energy has selected Aspen Technology Inc.’s aspenONE® Petroleum Supply Chain software as its optimisation solution for economic and operational planning.
With the ability to perform key refinery planning and scheduling activities from a single integrated platform, JXTG Nippon Oil & Energy can optimise its entire operations asset lifecycle. This single platform provides best-in-class solutions that leading refineries and olefins plants around the world use for feedstock selection, product slate optimisation and production planning.
The Japanese oil major chose Aspen PIMS-AO, Aspen Petroleum Scheduler and Aspen Multi-Blend Optimizer products to optimise refinery profitability and reduce product quality giveaway. This proved capability is crucial, as planners and schedulers navigate a volatile and increasingly complex global marketplace, and companies focus on operational excellence and long-term business sustainability.
AspenTech’s accurate planning and advanced scheduling tools can protect against declining profitability while helping companies mitigate the issue of skills shortage.
Read the article online at: https://www.hydrocarbonengineering.com/refining/29112017/jxtg-nippon-oil-energy-enhancing-refinery-profitability/