Aspen Technology, a global leader in industrial software, announced that the largest petrochemicals company in the Philippines, JG Summit Olefins Corporation, is advancing its journey toward operational excellence by unlocking untapped value in production optimization, said the company.
This planned deployment with Aspen Unified PIMS supports the company’s innovation-driven vision and is projected to boost operating margin by optimizing feedstock selection at the crackers. The JGSOC expansion project is a step toward further diversification of the local petrochemical and chemical industries and is envisioned to strengthen the industrial value chain linkages for the manufacturing sector.
Samuel Co Chan, Vice-President for Supply Trading and Product Optimization, JG Summit Olefins Group, said: “AspenTech’s distinct and transparent solutions align with JGSOC’s pursuit of operational excellence by deploying the best and most efficient technologies. As the leading, value-driven, and highly innovative software, Aspen Unified PIMS can enable production optimization with greater intuition, accuracy, and accessibility. JGSOC is deriving current benefits in plant efficiency and productivity with Aspen Plus and Aspen DMCplus solutions."
Lawrence Ng, Vice President of Sales, Asia Pacific & Japan, Aspen Technology, added: “AspenTech is pleased to deepen our partnership with JG Summit Olefins Group through the company’s latest adoption of Aspen Unified PIMS software. In advancing toward the Self-Optimizing Plant, this planned deployment empowers JGSOC with a scalable technology solution amidst industry skills shortage."
As per MRC, Linde Philippines announced the recent start-up of its nitrogen and hydrogen production units for JG Summit Olefins Corp's (JGSOC) naphtha cracker expansion at JGSOC's manufacturing complex in Batangas City, Philippines. Linde invested more than USD10 M in the new facilities, which came on stream this past Apr 2022. The plants will supply nitrogen throughout the naphtha cracker complex, and nitrogen and hydrogen will be supplied to JG Summit's polyethylene and polypropylene plants. PCN earlier reported that JGSOC's naphtha cracker is being boosted to 474,000 tonnes/y from 320,000 tonnes/y, and ethylene and propylene production were being expanded by 160,000 tonnes/y and 50,000 tonnes/y, respectively.
mrchub.com