Tosoh Selects AspenTech's Engineering Solutions to Improve Process Efficiency and Shorten Time-to-Market
CAMBRIDGE, Mass., Sept. 6 - Aspen Technology, Inc, announced that Tosoh Corporation, a leading global chemical and specialty materials company, has signed a new 5- year software license agreement for the Aspen Engineering Suite(TM) (AES). AspenTech's engineering solutions enable Tosoh to enhance its process development and engineering capability and to shorten time-to-market for new products.
"We chose AspenTech's Engineering Suite as our corporate standard engineering tool because of its ability to deliver tangible benefits," said Ichiro Hiraki, Tosoh's managing director. "We want to reduce our costs, increase our capacity and shorten our time-to-market. The AES technology will play a key role in achieving these goals and will reinforce Tosoh's position as a leading specialty chemicals manufacturer."
The Aspen Engineering Suite is AspenTech's solution for Process Asset Lifecycle Management (PALM). It enables companies to achieve an optimal return on their process assets, execute projects in the shortest possible time, and maximize the operational performance of each manufacturing plant. Based on open standards, AES allows process manufacturers to use the best available tools for each part of an engineering project and manage process assets through their entire lifecycle from planning and design to operations.
Other news from the department research and development
