Numaligarh Refinery Limited Partners with Aspen Technology in Pursuit of Operational Excellence
February 22 2022 - 8:30AM
Business Wire
Indian Energy Company Adopts AspenTech Software
to Sustain Optimal Plant Performance and Enable Better
Decision-Making
Aspen Technology, Inc. (NASDAQ: AZPN), a global leader in asset
optimization software, today announced that Indian energy company
Numaligarh Refinery Limited (NRL) has chosen to partner with
AspenTech in the company’s digitalization journey, in pursuit of
operational excellence via proven innovation. With the deployment
of software products, such as Aspen HYSYS®; Aspen Unified PIMS™;
Aspen DMC3™; Aspen InfoPlus.21®; Aspen Tank Operations and Movement
Systems™; and Aspen Operations Reconciliation and Accounting™, the
company can sustain optimal plant performance, as well as make
faster and more accurate decisions.
Shri Bhaskar Jyoti Phukan, Director (Technical) & Managing
Director I/c, Numaligarh Refinery Limited, said: “NRL is
accelerating digitalization to stay at the forefront of innovation.
Key initiatives include maximizing refinery capacity and achieving
operational excellence across areas such as product delivery and
production of low-volume, high-value products. Based on the
anticipated value that AspenTech solutions can deliver, Numaligarh
Refinery has scaled in the adoption of aspenONE Performance
Engineering and Manufacturing and Supply Chain solutions. In doing
so, the company can be assured of a reliable technology-driven
pathway towards achieving operational excellence and production
optimization in their refinery.”
Lawrence Ng, Vice President of Sales, Asia Pacific & Japan,
Aspen Technology, added: “Based on more than a decade of
collaboration between both companies, we are pleased that
Numaligarh Refinery has chosen to transform digitally with
AspenTech. Domain expertise remains mission-critical and our AI
solutions can be a powerful working strategy to accelerate business
outcomes in the new normal.”
To drive operational excellence, and help achieve sustainability
goals, Numaligarh Refinery is using the following products:
- Aspen HYSYS maximizes safety, throughput and profitability by
optimizing the entire site in one environment via simulation and
time-saving workflows.
- Aspen Unified PIMS production planning software increases
margins and saves time via usability and speed.
- Aspen DMC3 to sustain optimal performance with adaptive process
control, including deep learning technology.
- Aspen InfoPlus.21 unlocks information with a flexible data
foundation that generates value by creating a complete picture of
production operations.
- Aspen Operations Reconciliation and Accounting to improve
accuracy in production accounting by enabling better
decision-making using one integrated model.
- Aspen Tank Operations & Movement Systems to proactively
manage inventory and react quickly to disruptions.
Supporting Resources
- Aspen HYSYS®
- Aspen Unified PIMS™
- Aspen DMC3™
- Aspen InfoPlus.21®
- Aspen Tank Operations & Movement Systems™
- Aspen Operations Reconciliation and Accounting™
About Numaligarh Refinery
The Numaligarh Refinery (NRL) is an energy company owned by Oil
India Limited, Government of Assam, and Engineers India Limited,
located in the Brahmaputra valley in the region of Assam. The
commencement of commercial operations started in 2000, and in 2019,
the Cabinet Committee of Economic Affairs approved the Numaligarh
Refinery Expansion Project (NREP) to expand the production
capacity. Visit www.nrl.co.in to find out more.
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.
© 2022 Aspen Technology, Inc. AspenTech, aspenONE, the Aspen
leaf logo, Aspen, Aspen HYSYS, Aspen Unified PIMS, Aspen DMC3,
Aspen InfoPlus.21, Aspen Tank Operations & Movement Systems and
Aspen Operations Reconciliation and Accounting are trademarks of
Aspen Technology, Inc. All rights reserved.
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version on businesswire.com: https://www.businesswire.com/news/home/20220222005082/en/
Aspen Technology, Inc. Georgina Tan +65 6395 3913
Georgina.Tan@aspentech.com
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