Plant Optimization in the Process Industries: Incorporating Equipment/Assets in the Decision-Making Process

Optimize asset decisions and improve the financial and technical operation of process plants

The process industries, particularly the refining and petrochemical industries, are comprised of capital-intensive business whose assets are valued in the trillions. Optimizing the function of refining and petrochemical plants is therefore not simply a process decision, but a business one, with even small improvements in efficiency potentially providing enormous margins. There is an urgent need for ...