06-03-2012

New release of Aspen PIMS™ and Aspen Petroleum Scheduler™ software

Aspen Technology, Inc. a leading provider of software and services to the process industries, announced a new release of Aspen PIMS and Aspen Petroleum Scheduler that improves collaboration between refining planners and schedulers.  Through tighter petroleum supply chain integration, refiners can increase their profitability by optimizing the accuracy and productivity of planners and schedulers.  In addition, enhanced analytics provide planners and schedulers with better decision support to rapidly respond to changing market conditions, or upsets in their operations.

The new release improves collaboration by sharing operating targets between planning and scheduling functions for closer alignment of plan and actual.  This enables sharing of critical data such as production targets, model assays, and blend models to enhance profitability and reduce margin loss.   

Other key enhancements in the new release include new powerful analytics such as Spider Charts and Microsoft-based Excel PowerPivots that help refiners visualize alternative feedstock selections.  By quickly comparing many simultaneous  scenarios easily sharing information across the organization, refiners are better able to pick the optimal crude slate.   
 
Aspen Online Training is also now included within Aspen PIMS and Aspen Petroleum Scheduler, making it easier to learn and retain information tailored to specific users.  The new online training provides access to a variety of rich training content, making it easier and faster for users to become more proficient and productive.       
 
To learn why three quarters of the world’s refining feedstock is planned with aspenONE® software, visit. The new release of Aspen PIMS and Aspen Petroleum Scheduler is available immediately.