News | November 29, 2017

JXTG Nippon Oil & Energy Enhancing Refinery Profitability

JXTG Nippon Oil and Energy has selected Aspen Technology Inc.’s aspenONE Petroleum Supply Chain software as its optimisation solution for economic and operational planning.

With the ability to perform key refinery planning and scheduling activities from a single integrated platform, JXTG Nippon Oil & Energy can optimise its entire operations asset lifecycle. This single platform provides best-in-class solutions that leading refineries and olefins plants around the world use for feedstock selection, product slate optimisation and production planning.

The Japanese oil major chose Aspen PIMS-AO, Aspen Petroleum Scheduler and Aspen Multi-Blend Optimizer products to optimise refinery profitability and reduce product quality giveaway. This proved capability is crucial, as planners and schedulers navigate a volatile and increasingly complex global marketplace, and companies focus on operational excellence and long-term business sustainability.

AspenTech’s accurate planning and advanced scheduling tools can protect against declining profitability while helping companies mitigate the issue of skills shortage.

SOURCE: JXTG Nippon Oil & Energy