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Oil refinery to deploy Aspen GDOT software aiming to maximize profit generation Dubai, United Arab Emirates - 19 June 2019: Aspen Technology, Inc. (NASDAQ: AZPN), the asset optimization™ software company, today announced that Zeeland Refinery, a joint venture between Total and Lukoil in Western Europe, will deploy Aspen GDOT™ dynamic optimization software. Aspen GDOT will initially be deployed on the middle distillate production units across the refinery and will help Zeeland Refinery to drive more consistent product quality, increasing middle distillate production and advancing energy efficiency. The dynamic coordination of APC (advanced process control) for multiple process units by Aspen GDOT can help to optimize all planning and scheduling opportunities to drive to higher than previously expected profitability in operations. Nathalie de Muynck, general manager at Zeeland Refinery said: “By implementing Aspen GDOT with our existing AspenTech APC platform we can realize additional optimization capabilities that will further improve profit generation, therefore delivering significant value to our shareholders.” John Koumoutsakis, senior vice president of sales at Aspen Technology added, “We look forward to helping Zeeland Refinery further improve its operational efficiency by deploying Aspen GDOT. With changes to regulations such as the IMO 2020 Marine Fuel Specifications that demand lower sulphur emissions from marine fuel, the need to align planned performance with actual performance is key to improving productivity levels.”
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