22-04-2014
Honeywell enhances its refining & petrochemical planning solution
Honeywell has announced a major enhancement to its Refinery and Petrochemical Modeling System (RPMS) that will improve model building and maintenance, case management, and optimization to help plants maximize profitability. The new release, RPMS 500, incorporates analytics software that is based on the company’s innovative Intuition process management to better apply planning results.
RPMS also helps refining and petrochemical firms assess their long-term investment options and understand the critical differences in potential yield and value of various feedstocks, as well as determining the best operating conditions over the planning horizon.
“RPMS Release 500 preserves the rich capability of RPMS while making it easier and more efficient to work with,” said Patrick Kelly, Product Director, Honeywell Process Solutions. “It also makes it simpler to build and maintain refinery planning models, and generate and review production plans. That helps provide information to help operators make the best production decisions. It includes a web-based tool that makes it easier for the broader organization to access and analyze the information.”
Key new features with the RPMS 500 release include support for Windows 7/8 64-bit platforms, as well as tools to simplify migration to the current software version. Other enhancements provide improved case management, a new graphical user interface, HTML-based reporting, and improved optimization capabilities.
These tools are critical to optimizing the overall profitability of refining and petrochemicals operations and RPMS helps to drive and sustain improved profitability by enabling clients to assess more options and align the organization more effectively to the plan. Effective planning is critical to help today’s process industries increase profitability. RPMS helps enable development and analysis of advanced mathematical programming models, utilizing linear programming (LP) optimization to answer key business questions related to raw material purchases, product specifications, plant operation, and distribution and logistics.
News Category:
-
Beyond processbook & PI vision: Exploring today’s industrial analytics tools
(Webinar) - In the Manufacturing 4.0 era, industrial organizations have more data at their fingertips than ever, offering the promise of higher production rates, more ...
04-06-2024
-
MOL inaugurates its polyol complex in Tiszaújváros
MOL's EUR 1.3 billion polyol complex in Tiszaújváros, boasting a capacity of around 200,000 tonnes of polyol per year, has been inaugurated. The ceremony, addressed ...
15-05-2024
-
NEXTCHEM completes the acquisition of GasConTec
Further to the announcement made on 4 March 2024, MAIRE announces that NEXTCHEM has finalized the acquisition of 100% of GasConTec GmbH, an innovative company specialized ...
15-05-2024
-
KBR awarded digital solutions contract by OCI
KBR announced today it has been awarded a contract by OCI Global to design and deploy its proprietary operator training simulator for OCI's 3,000 metric tonnes ...
13-05-2024
-
Worley awarded Bayou Bend CCS carbon capture and storage facility contract
We’ve been selected to design and evaluate CO2 gathering, handling and sequestration facilities located along the Gulf Coast in Southeast Texas. Bayou Bend ...
13-05-2024
-
Black & Veatch delivers feasibility study for Andes Energy LNG Terminal
Global liquefied natural gas (LNG) infrastructure solutions leader Black & Veatch has completed a feasibility study for the planned Andes Energy Terminal, LNG regasification ...
09-05-2024
-
Shell to sell interest in Singapore Energy and Chemicals Park to CAPGC
Shell Singapore Pte Ltd, a subsidiary of Shell plc, has reached an agreement to sell its Energy and Chemicals Park in Singapore to CAPGC Pte. Ltd., a joint venture company ...
08-05-2024
-
Integrated Global Services recognized for role in mega turnaround
Integrated Global Services has been recognized as a major contributor to the successful Ras Tanura Refinery 2024 Mega Turnaround and Inspection for Saudi Arabian Energy ...
08-05-2024
-
Ebara Elliott Energy to provide compressor for SAF project in Thailand
Ebara Elliott Energy, formerly Elliott Group, announces it has been contracted to provide a motor-driven recycle compressor with a variable frequency drive (VFD) for ...
07-05-2024
-
ETH Zurich select hte to provide high throughput test system designed for CO2 electroreduction
hte – the high throughput experimentation company was awarded a contract by the technical university ETH Zurich to provide a high throughput test system designed for ...
07-05-2024