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Chinese base provides first-class R and D

Edited by the Engineeringtalk editorial team Jun 2, 2006

Aspen Technology has opened a major office facility in Shanghai, China.

Aspen Technology has opened a major office facility in Shanghai, China.

The office enables AspenTech to enhance support of its expanding customer base in China, and provides the company with a first-class research and development (R and D) facility and highly-skilled staff to accelerate its growth plans in the Asia Pacific region and around the world.

The new office, located in the Zhangjiang High-Tech Zone in Shanghai's Pudong district, currently houses 70 employees, including both sales and R and D staff.

Along with the R and D facility that includes a central product testing laboratory, the 1200m2 facility has a dedicated Solutions centre for customer support and training, featuring integrated aspenOne solutions and key partner technologies.

The office, which becomes AspenTech's regional headquarters for Asia Pacific, was opened today in a ceremony attended by key AspenTech customers including Sinopec, PetroChina and CNOOC, along with strategic partners Microsoft and Accenture.

Mark Fusco, AspenTech's President and CEO, delivered welcome remarks and inaugurated the office.

"The opening of our Shanghai office demonstrates AspenTech's commitment to our customers and partners both in China and in the Asia Pacific region as a whole", said Fusco.

"The process industries continue to fuel the expansion of the Chinese economy, and our new facility will help us to respond more quickly to opportunities in this dynamic marketplace".

"With strong customer relationships already in place, we fully expect that Asia Pacific will be a significant growth market for AspenTech during the next decade".

"The new Shanghai R and D facility provides AspenTech with greatly expanded product development and quality assurance capabilities to support our aspenOne product strategy", added Fusco.

"With access to a growing pool of highly skilled engineers and development specialists from amongst the best universities in China, the Shanghai operation is ideally placed to accelerate the delivery of high-quality aspenOne solutions to the process industry, and to ensure that these solutions maintain AspenTech's tradition of leadership in technology and customer value".

"At the same time, the new facility will produce a team of local experts proficient in AspenTech's entire portfolio of best-in-class applications and solutions".

"These experts will enable AspenTech to better understand and address the local requirements as well as to help Chinese and Asia Pacific customers to deploy our applications and solutions in the most effective and creative manner".

AspenTech has been working with process industry companies in China for over 20 years, establishing its first formal collaboration with China Petroleum and Chemical Corporation (Sinopec) in 1993.

This relationship has strengthened in recent years, as demonstrated by the 2002 long-term agreement between the companies to implement a range of AspenTech's manufacturing and supply chain solutions as part of Sinopec's drive to increase operational efficiency and enhance competitiveness.