Samsung General Chemicals Achieves Major Savings in Energy Costs with AspenTech Solution
CAMBRIDGE, Mass., Sept. 19 - Aspen Technology, Inc. announced that Samsung General Chemicals (SGC) has successfully used AspenTech's engineering software and process design expertise to achieve significant energy savings at one of its major manufacturing facilities. The AspenTech solution has enabled SGC to dramatically reduce the facility's annual energy costs, delivering a payback of its capital investment within six months.
The savings were realized at SGC's eight-unit aromatics complex in Daesan, Korea, which produces 500,000 tons per year of paraxylene and 280,000 tons per year of benzene. With an energy bill reaching in the tens of millions of dollars per year, energy reform became a key corporate focus for SGC to remain competitive.
Using process modeling and pinch/column analysis expertise, coupled with Aspen Engineering Suite(TM) (AES) technologies, AspenTech's process design group identified the main process inefficiencies within the plant complex. Based on this analysis, the group produced an energy savings plan, which outlined the changes required to maximize overall energy efficiency. The plan was recently implemented, and the audited results reveal yearly savings of at least 12 percent of total energy consumption.
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