Latest version of optimisation software for process industries

Paul Boughton

Aspen Technology, a leading provider of optimisation software for the process industries, has announced Version 8.6 of aspenONE software. The latest software addresses oil, gas, chemicals and engineering & construction (E&C) companies’ challenge to design and operate safe plants, and to accurately estimate project costs – from concept to construction – under tight deadlines.

The software includes Activated Dynamics Analysis. Dynamic modelling of compressors is a high value task requiring both expertise and experience. Version 8.6 of the software automates dynamic modelling with a single button click to speed up model setup and enable more process engineers to perform compressor operability screening. All companies operating compressors, especially those processing gas in upstream and midstream, will benefit from better flow assurance and reduced maintenance cost.  No similar capability is available in the market.

Expanded pressure safety valve design and rating in Aspen Plus and Aspen HYSYS makes the aspenONE solution more comprehensive. In V8.6 new fire analysis scenario calculations - accounting for latent heat and temperature change - and rupture disk sizing have been added. All functionality is available in both Aspen Plus and Aspen HYSYS, improving chemical and energy operators’ compliance with API 520 and 521.

New detailed unit rate estimating in Aspen Capital Cost Estimator (ACCE) extends the software’s scope further into the detailed estimating phase of a project. ACCE V8.6 enables easy adjustment of labour and material unit rates as well as materials of construction. The result is expected to enable organisations to achieve up to +/- 10% accuracy or better, reducing project risk and improving decision making around the use of capital.