You are currently viewing: News


HQC implements Aspen HYSYS® dynamics software in pursuit of asset optimization

Aspen Technology, Inc, the asset optimization™ software company, today announced that China HuanQiu Contracting and Engineering Corporation (HQC), a wholly-owned subsidiary of China Petroleum Engineering Corp. Ltd., has implemented Aspen HYSYS Dynamics software to maximize safety, throughput and profits at the design phase of critical systems. The easy adoption of dynamic process simulation software advances HQC’s digital transformation journey to increase asset value and improve performance early in the asset lifecycle.

According to VP Zhang, HQC, “We have implemented Aspen Technology’s Aspen HYSYS Dynamics software to validate the natural gas liquefaction system and petrochemical process design of an owner-operator customer. With this implementation, HQC achieves an intelligent design, which enables optimization across multiple operating scenarios to maximize economic and safety outcomes. With the ability to offer advanced digital solutions to customers, HQC is in a strong position to pursue overseas market opportunities.”

Dr. Filipe Soares-Pinto, senior vice president, Aspen Technology’s Growth Markets added, “By digitally transforming the design phase of the asset lifecycle using aspenONE Engineering software, HQC is strengthening its market leadership, while becoming more responsive to its owner-operator customers. This will enable HQC to capture upside in the global engineering and construction industry.”

Aspen HYSYS Dynamics is process simulation software that makes it easy for plants to convert steady state process models into dynamic process simulation models to study time-dependent oil and gas processes, including gas processing, petroleum refining and petrochemical.

Sponsor : 

Other News Items

Doug Kelly is appointed as KBR President - Technology Solutions

Doug Kelly has assumed the position of KBR’s President - Technology Solutions. Mr. Kelly is responsible for KBR’s global technology licensing business, delivering ...


Yokogawa releases dynamic real time optimizer

Yokogawa Electric Corporation announces the release of Dynamic Real Time Optimizer, a solution in the OpreXTM Asset Operations and Optimization family. Using a combination ...


Endress+Hauser and Vector CAG secure Texas refinery project

The companies will serve as the Main Instrument Vendor (MIV) for a large Texas refinery's project. Endress+Hauser secures the Main Instrument Vendor (MIV) contract at ...


Groundbreaking ceremony held for Samsung Engineering’s Sarawak Methanol project

Samsung Engineering, one of the world’s leading engineering, procurement, construction and project management (EPC&PM) companies, announced today, that it held ...


Clariant Catalysts and Wuxi Xiyuan join forces

Clariant’s Catalysts business unit has intensified its collaboration with Wuxi Xiyuan to support China’s formaldehyde producers with innovative, sustainable ...


Honeywell announces new smart hearing solution

Honeywell today announced a new smart hearing solution that combines cloud-based software and connected, protective headsets to monitor sound in real time and analyze ...


Neste launches Neste MY Renewable Diesel in the Netherlands

Neste, the world’s leading provider of renewable diesel  and the 3rd most sustainable company in the world, takes a stronger foothold in the Netherlands. The ...


Wood grows its chemicals presence in Louisiana and Mississippi

Wood has been awarded a $20 million contract from SNF Floquip (SNF) to provide maintenance and supplemental project services at its chemicals manufacturing facilities ...


Sunfire partners with Total on highly efficient hydrogen technology

Sunfire, a leading global cleantech company, has signed a cooperation agreement with the French major energy company Total SA. Sunfire will provide a megawatt-scale high ...


INEOS breaks ground at its world scale Cumene investment at Marl

INEOS Phenol today has broken ground at its world scale cumene investment in Marl Germany. The new state of the art 750,000 tonnes unit is scheduled to be completed in ...