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JXTG Nippon Oil & Energy Selects AspenTech’s AspenONE® Petroleum Supply Chain Software

Source: www.gulfoilandgas.com 11/28/2017, Location: Asia

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Aspen Technology, Inc. (AZPN), the asset optimization software company, today announced that JXTG Nippon Oil and Energy, the largest oil company in Japan, has selected the company’s aspenONE® Petroleum Supply Chain software as its preferred optimization solution for economic and operational planning.

JXTG Nippon Oil & Energy chose Aspen PIMS-AO, Aspen Petroleum Scheduler and Aspen Multi-Blend Optimizer products to optimize refinery profitability and reduce product quality giveaway. This improved capability is crucial, as planners and schedulers navigate a volatile and increasingly complex global marketplace, and companies focus on operational excellence and long-term business sustainability. AspenTech’s accurate planning and advanced scheduling tools can protect against declining profitability while helping companies mitigate the issue of skills shortage.

With the ability to perform key refinery planning and scheduling activities from a single integrated AspenTech platform, JXTG Nippon Oil and Energy can now optimize its entire operations asset lifecycle. This single platform provides best-in-class solutions that leading refineries and olefins plants around the world use for feedstock selection, product slate optimization and production planning.

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