Cost estimation is one of the key aspects of any engineering project, as it provides the basis to decide the feasibility and budget for the project. Yet cost estimation is often enclosed by uncertainty since during early engineering stages there is still very little information available. How can engineering teams find the most profitable designs when the project is still under development?

The successful execution of engineering projects requires intense collaboration among multi-discipline teams, but manual data handoffs often lead to errors, inconsistencies and delays that can derail a project.

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Aspen Economic Evaluation 제품군은 공정 자산의 수명주기 전반에 걸쳐 신속하고 정확한 원가산정과 프로젝트 수행을 위한 통합 솔루션을 제공합니다.

LG Chem increases capacity by 15% and saves energy through heat integration using Aspen Plus®, Aspen Energy Analyzer™ and Aspen Exchanger Design and Rating™.

Accurately modeling the solids section of a process is critical to product quality. Commonly, the solid and fluid sections of a process are modeled separately, making troubleshooting and optimizing inefficient and time-consuming. Additionally, solids are described by distributed properties rather than concentrated properties, which adds an extra level of complexity. These difficulties often lead to neglected or over-simplified solids modeling.

See how digital twin technology and Industrial AI provide real-time insights on system performance, helping to optimize operations and reduce costs with recommendations to maximize uptime.

Aspen Economic Evaluation provides an integrated estimation solution for effective management of projects across the entire lifecycle.

Petro Rabigh wanted to improve margins for refinery products, to do so, they needed to identify the most optimal production yields and qualities of their refinery and petrochemical products.

As sustainability targets drive the energy industry towards a net zero future and energy security concerns intensify, companies are challenged to meet these competing demands within financial and workforce restraints. Owners and EPCs must cater to short-term energy demands while simultaneously positioning themselves for the long-term energy transition projects gaining traction.