Press Release

Version 8.4 of aspenONE® Software Expands Activation Capability to Optimize Energy, Economics, and Heat Exchanger Designs

November 25, 2013

Other enhancements include a new crude assay data system and new reactor models in Aspen HYSYS® for heavy crudes and expanded solids models in Aspen Plus®
BURLINGTON, Mass -

Aspen Technology, Inc. (NASDAQ: AZPN), a leading provider of software and services to the process industries, announced the availability of aspenONE V8.4 software, featuring new Activated Exchanger Design and Rating (EDR) and updates to Activated Energy and Activated Economics in Aspen HYSYS and Aspen Plus.  In addition, the new software adds crude assay data and new reactor models for refinery modeling with Aspen HYSYS and expands solids models for chemicals in Aspen Plus.

A Unified Engineering Environment
First introduced in aspenONE V8 software, AspenTech’s breakthrough Activation capability in Aspen Plus and Aspen HYSYS enables process engineers to do instant analysis of heat exchangers, energy, and economics without specialist knowledge of these engineering disciplines.  This unified engineering environment enables engineers to work more efficiently and achieve better results within tight project timelines.  The new Activation capabilities in V8.4 software include:

Activated EDR – The new release introduces Activated EDR, an all-new Activation capability to optimize heat exchanger design and operation.  From within the new Aspen Plus and Aspen HYSYS engineering environment, users can do rigorous heat exchanger design and view heat exchanger status to quickly perform revamp studies and debottlenecking.
Activated Energy – The latest Activated Energy, which automates pinch analysis for non-experts, adds the ability to group process units in a flow diagram and optimize energy across the grouping.  Activated Energy also identifies optimum design modifications for energy savings and automatically recommends lower cost utilities that are available.
Activated Economics – Powered by AspenTech’s proprietary costing engine and the process industry’s only cost estimation software, Activated Economics in V8.4 adds cost overlays to process flow diagrams, annual updates for cost estimation, and enhanced features for upstream safety standards.

Faster, More Accurate Refinery Modeling for Heavy Crudes
In V8.4, AspenTech continues to integrate the workflow between Planning and crude evaluation and Process Simulation and design.  By automating the import of crude data from Aspen Assay Management into Aspen HYSYS Petroleum Refining, AspenTech eliminates the manual process of entering hundreds of crude data points in order to accurately model a crude slate.  In addition, Aspen HYSYS V8.4 adds models for Visbreaker and Delayed Coker units required for processing heavy crudes. 

Expanded Conceptual Solids Models for Specialty Chemicals
Building on solids modeling technology released in Aspen Plus V8, V8.4 bridges process engineering and particle science and extends solids modeling to non-experts.  Using AspenTech’s solids models, including two new operating units, spray dryers and fluidized bed reactors, both process engineers and particle scientists are able to build designs in parallel using a common frame of reference for faster and more efficient process design.  With the latest version of Aspen Plus, AspenTech expands its lead as the only company that offers process modeling of fluids and solids in one simulator.

The V8.4 release of aspenONE software, including the new releases of Aspen HYSYS and Aspen Plus, is available immediately.  For more information, visit http://www.aspentech.com/products/v8-release/.

Supporting Quotes
Jacobus Kloos, Process Engineer, Dow
“AspenTech’s new Activated Exchanger Design and Rating brings a new level of ease to trouble-shooting heat exchanger operations in processes.  Activation makes any exchanger issues very apparent during the process simulation.  I am confident this exciting new capability will be of immense value to my process engineering colleagues – and to me – on a day-to-day basis, helping us to operate our processes more efficiently, at lower energy cost and with greater operating reliability.”

Jay Gulotta, Process Engineer, Ambitech  
“The new delayed coker unit adds another rigorous reactor model to the Aspen HYSYS Petroleum Refining reactor suite that I can easily tune and adjust to match plant data.  The robust solver provides a stable model guaranteeing accurate results.”

Kunle Ogunde, Principal Investigator, DuPont
“The new spray dryer and fluidized bed reactor models are very useful extensions to Aspen Plus. They allow us to simulate a wider range of processes.”

Dr. Hans-Rolf Lausch, Head of Computer Aided Process Engineering & Automation, Evonik Industries AG
“Conceptual models are easy to use and enable Evonik's process engineers to describe solids equipment without being solids experts, allowing them to model and optimize entire processes. Our engineers in the CAPE & Automation department can work with the particle technology department to make the model more rigorous, leading to better collaboration and more efficient projects.”

Manolis Kotzabasakis, Executive Vice President, Products, AspenTech
“Today, process engineering is the critical intersection of process design, cost, energy use, and safety analysis.  Our products bring these factors together and make it easy for engineers to evaluate them as one.  This latest release of Activation – Activated EDR, Energy, and Economics – continues our vision to bring these engineering disciplines and roles closer together to share information and improve decision making.”

Supporting Resources
•  About aspenONE V8.4 software
•  Aspen Activation
•  Aspen HYSYS
•  Aspen HYSYS Petroleum Refining
•  Aspen Plus
•  Aspen Exchanger and Design Rating
•  Aspen Solids Modeling
•  Aspen Assay Management

About AspenTech
AspenTech is a leading supplier of software that optimizes process manufacturing – for energy, chemicals, engineering and construction, and other industries that manufacture and produce products from a chemical process.  With integrated aspenONE solutions, process manufacturers can implement best practices for optimizing their engineering, manufacturing and supply chain operations.  As a result, AspenTech customers are better able to increase capacity, improve margins, reduce costs and become more energy efficient.  To see how the world’s leading process manufacturers rely on AspenTech to achieve their operational excellence goals, visit www.aspentech.com

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© 2013 Aspen Technology, Inc. AspenTech, aspenONE, the Aspen leaf logo, Aspen Plus and Aspen HYSYS are trademarks of Aspen Technology, Inc. All rights reserved. All other trademarks are property of their respective owners.

 

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