Sinopec selects Aspen for 25 refineries

Cambridge, Mass.— Aspen Technology Inc. announced Feb. 14 an agreement to provide supply-chain planning and scheduling software to Sinopec, China's largest petroleum and petrochemical company. Sinopec will implement AspenTech's solutions to optimize crude oil selection and production scheduling among its network of 25 refineries.

01/01/1970


Cambridge, Mass.— Aspen Technology Inc. announced Feb. 14 an agreement to provide supply-chain planning and scheduling software to Sinopec, China's largest petroleum and petrochemical company. Sinopec will implement AspenTech's solutions to optimize crude oil selection and production scheduling among its network of 25 refineries. Sinopec also licensed AspenTech's simulation software to create engineering models of its refineries. These models enhance accuracy of supply-chain optimization, and make it possible to predict product yields from various crudes at selected refineries.





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