BASF signs for process engineering applications
BASF, one of the world's leading chemical companies, has signed a multi-million-dollar licence agreement to expand its use of AspenTech's engineering solutions.
BASF, one of the world's leading chemical companies, has signed a multi-million-dollar licence agreement to expand its use of AspenTech's engineering solutions.
The new agreement extends BASF's commitment to the aspenOne Process Engineering applications as a company standard for collaborative engineering and process design and optimisation.
The company uses the applications to optimise the design and efficiency of the production processes at new plants and in existing facilities worldwide.
The agreement provides BASF with flexible access to a broader range of applications, which includes Aspen Plus, Aspen Batch Plus and Aspen Simulation Workbook.
It also marks the second phase of the company's roll-out of AspenTech's collaborative engineering solution, based on the Aspen Zyqad platform.
The combination of applications enables BASF to achieve more efficient work processes for major plant engineering projects, maximise plant productivity, and minimise overall lifecycle costs.
"BASF is committed to implementing best practice engineering work processes across its global operations", said Dr Kurt Raschka, Senior Vice President, Corporate Engineering, BASF.
"AspenTech's aspenOne Process Engineering, as an integrated application suite, provides us with the comprehensive set of advanced tools to support our engineering workflow and to deliver reduced project cycle times".
"The new agreement also gives us the flexibility to balance software availability with the needs in different phases of our engineering workflow".
In addition to being established as a standard within BASF's Corporate Engineering group, the aspenOne applications are also extensively used within the company's "Research Verbund" for process development, and by Plant Engineers to improve operational performance at global production sites.
"Process innovation is a key part of BASF's strategy", said Dr Martin Stohrmann, Senior Vice President, Global Chemical Technology, BASF Research Verbund.
"The aspenOne approach of this latest agreement gives our research teams access to the broadest range of products as part of a standard toolset, including specialised products that are used to perform more advanced tasks".
"This will complement our process development capabilities, and improve engineering efficiency".
"We are very pleased that BASF recognises the significant value aspenOne delivers throughout the engineering lifecycle, from concept development to operational improvements in the plant, and we look forward to continuing to expand our strong relationship", said Blair Wheeler, Senior Vice President, AspenTech.
"Our integrated aspenOne Process Engineering application suite helps leading companies streamline their engineering workflows and establish best practices across their organisation based on consistent data and processes".
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