Accuracy in cost estimation is crucial for the success and feasibility of capital projects. Yet cost estimates often involve uncertainty and unforeseen circumstances that can negatively impact the project timeline and budget.

As critical net-zero targets remain top of mind for today's chemical and energy companies, technologies like solvent-based carbon capture can be deployed to reduce carbon emissions and advance sustainability goals.

In this interview, Wafa Said-Ibrahim, AspenTech’s long-term expert, explains the advantages of Aspen Exchanger Design & Rating (EDR)™ software designed to help customers model optimal heat exchangers. A fully integrated platform enables engineers and operators to run the design, rating and simulation of all major types of heat exchangers used in the process industry.

Process simulation, cost estimation and 3D models are crucial to engineering projects, leading to better, more accurate designs. Now imagine seamlessly integrating these disciplines into one concurrent workflow for real-time collaboration that dramatically saves time and reduces costs.

As today’s operations grow in complexity, they can experience equally complex problems that threaten performance. But how can you quickly identify and resolve issues while keeping an eye on performance?

Watch Dr. Nina Schwalb, Vice President of AspenTech DataWorks, in her first-ever AspenTech webinar as she discusses industrial data management and AspenTech Inmation.

In the fast-paced world of specialty chemicals and polymers, rapid design and development are critical to stay ahead. Process simulation technology has evolved to streamline these processes, delivering accelerated product launches and efficient scale-ups.

Watch this on-demand webinar to learn how you can integrate industrial data from diverse sources, including Microsoft Azure cloud, featuring experts from ARC, Microsoft and AspenTech®.

The chemical supply chain landscape has undergone unprecedented challenges in recent years, marked by new levels of complexity, disruptions, and pressure to meet customer demands. The specialty chemicals industry faces the unique challenge of producing lower volumes of high-value products with specific requirements especially in the area of supply chain management.

The World Refining Association (WRA) spoke with Don Busiek, SVP of Asset Performance Management at AspenTech, about how asset performance management solutions can help companies achieve their digitalization and sustainability goals.