Westlake Realizes Benefits from AspenTech Solutions; Expands Supply Chain and Engineering Licenses
Cambridge, MA September 9, 2002 - Aspen Technology, Inc. announced that Westlake Group, a global supplier of petrochemicals, polymers and fabricated products, has expanded its supply chain and engineering solutions licenses across the company's 16 North American plants. The new generation of solutions will build on the benefits Westlake has already realized from using AspenTech's solutions for the past five years.
"AspenTech has enabled us to fulfill our mission of efficiently providing quality products and services to commodity chemical, plastics and related fabricated products markets," said Warren Wilder, vice president of Westlake Polymers. "Its solutions have enabled us to increase our productivity and improve customer service."
Westlake Group's operations manufacture and market over 4 billions pounds annually of the world's most widely used petrochemicals and polymer products. Its customers utilize Westlake products for diverse applications in the chemical, plastics, consumer and food packaging, construction materials, personal care and automotive industries.
AspenTech's supply chain technology includes planning, scheduling and modeling solutions that provide Westlake with better visibility of customer demand, making more detailed sales and ordering information accessible to its plants. The availability of more precise demand forecasts allows Westlake to optimize schedules and better manage customer delivery requests in addition to generating more accurate raw materials orders.
AspenTech's simulation solution gives Westlake engineers a "virtual plant" that is used to maximize the return from the company's existing plant assets by improving operational efficiency. By creating a large-scale, real-time simulation model, Westlake engineers can validate process designs, study operability, verify control configurations and train operators in safe and efficient plant operation prior to start-up.
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