Lotte Advanced Materials Standardizes on AspenTech Manufacturing Execution Systems Software
April 30 2018 - 9:00AM
Business Wire
Leading Asia Chemicals Company Transforms Data
into Value to Drive Operational Excellence
Aspen Technology, Inc. (NASDAQ: AZPN), the asset optimization
software company, today announced that Lotte Advanced Materials,
part of chemical company Lotte Chemical, has standardized on
aspenONE® Manufacturing Execution Systems (MES) software after a
rigorous selection process. With the deployment of AspenTech MES
software, Lotte Advanced Materials can transform data into value to
drive operational excellence.
“The executive direction of the CEO and Lotte Advanced Materials
is to pursue business growth, operational excellence and increased
profitability via the adoption of leading technology solutions in
this Fourth Industrial Revolution. We have selected aspenONE
Manufacturing Execution Systems software to transform digitally and
build a robust data analytics platform with AspenTech,” said Mr.
Byung-Hee Min, Digital Transformation T.F.T. Team Manager, Lotte
Advanced Materials.
Leading specialty chemicals producers leverage best-in-class MES
software to adapt quickly to changing processes and products. Aspen
InfoPlus.21® process historian software helps Lotte Advanced
Materials unlock asset value and benchmark performance across five
plants. To improve business performance, aspenONE Process Explorer
software provides real-time insights via advanced visualization
capabilities and Aspen Production Record Manager software enables
easier analysis and production reporting for batch and continuous
processes.
“Lotte Advanced Materials has taken digital transformation to
the next stage by standardizing on AspenTech MES software. We look
forward to continuing this partnership with Lotte Advanced
Materials to improve key business areas across the asset
lifecycle,” commented Dr. Filipe Soares-Pinto, Senior Vice
President of Sales, Asia Pacific, AspenTech.
Supporting Resources
- Lotte Advanced Materials
- aspenONE Manufacturing Execution
Systems
About AspenTechAspenTech is a leading software supplier
for optimizing asset performance. Our products thrive in complex,
industrial environments where it is critical to optimize the asset
design, operation and maintenance lifecycle. AspenTech uniquely
combines decades of process modeling expertise with big data
machine learning. Our purpose-built software platform automates
knowledge work and builds sustainable competitive advantage by
delivering high returns over the entire asset lifecycle. As a
result, companies in capital-intensive industries can maximize
uptime and push the limits of performance, running their assets
faster, safer, longer and greener. Visit AspenTech.com to find out
more.
© 2018 Aspen Technology, Inc. AspenTech, aspenONE, the Aspen
leaf logo, aspenONE Manufacturing Execution Systems, Aspen
InfoPlus.21, aspenONE Process Explorer and Aspen Production Record
Manager are trademarks of Aspen Technology, Inc. All rights
reserved.
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version on businesswire.com: https://www.businesswire.com/news/home/20180430005135/en/
Aspen Technology, Inc.Georgina Tan, +65 6395
3913Georgina.Tan@aspentech.com
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