Vinythai Public Company Limited Selects Aspen Technology Software to Accelerate Digital Transformation, Reduce Failure & Impr...
March 01 2021 - 9:00AM
Business Wire
Petrochemicals Company based in Thailand to
Deploy Aspen Mtell Software for Predictive and Prescriptive
Maintenance
Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in asset
optimization software, today announced that Vinythai Public Company
Limited (Vinythai), a petrochemical company based in Thailand, has
selected Aspen Mtell® software to achieve business sustainability
via embedded artificial intelligence. The company plans to deploy
the predictive and prescriptive maintenance software at its
petrochemical plants in Rayong, Thailand to reduce failure and
improve reliability.
Khun Apichart Kijjaroenvisal, Plant Manager, Vinythai, said: “In
conjunction with Vinythai’s SMART factory, the company plans to
deploy Aspen Mtell software to achieve operational excellence by
saving cost and time. Aspen Mtell software will enable two of the
company’s petrochemical plants, producing Polyvinyl Chloride (PVC)
and Vinyl Chloride Monomer (VCM), to capitalize on embedded
artificial intelligence and achieve greater productivity.”
Pramodkumar Lakhmapure, Area Sales Director, Aspen Technology,
added: “In a fast-changing and volatile economy, businesses need to
remain agile and operationally efficient. Customers need to
accelerate their efforts in digital transformation by adopting the
latest innovation. We are pleased that Vinythai has decided to
partner with AspenTech in their journey to be a more sustainable
business by pursuing efficiency and productivity.”
Aspen Mtell mines historical and real-time operational and
maintenance data to discover the precise failure signatures that
precede asset degradation and breakdowns, predict future failures
and prescribe detailed actions to mitigate or solve problems via
predictive and prescriptive maintenance.
Supporting Resources
- Vinythai Public Company Limited
- Aspen Mtell
About Aspen Technology Aspen Technology (AspenTech) is a
global leader in asset optimization software. Its solutions address
complex, industrial environments where it is critical to optimize
the asset design, operation and maintenance lifecycle. AspenTech
uniquely combines decades of process modelling expertise with
artificial intelligence. Its 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 safer, greener, longer and faster. Visit AspenTech.com
to find out more.
© 2021 Aspen Technology, Inc. AspenTech, aspenONE, the Aspen
leaf logo, Aspen, and Aspen Mtell are trademarks of Aspen
Technology, Inc. All rights reserved.
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Aspen Technology, Inc. Georgina Tan +65 6395 3913
Georgina.Tan@aspentech.com
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