Lurgi extends commitment to AspenTech engineering software solutions

21-May-2003

Aspen Technology, Inc. today announced a major agreement with Lurgi Oel . gas . Chemie GmbH, an international technology and engineering company that focuses on gas and hydrocarbon technology for the petrochemical industry. The new long-term software license and services agreement extends Lurgi's long-standing commitment to AspenTech's engineering solutions, and provides the company with additional components of the Aspen Engineering Suite)TM.

"Developing innovative new technologies and solutions for our clients is a continuous challenge and a key competitive differentiator for our company, such as our ongoing development of oxygen-based synthesis gas generation and MegaMethanol technology," said Dr. Hans-Dieter Holtmann, Director New Technologies of Lurgi Oel . Gas . Chemie.

"AspenTech's software solutions enable us to integrate our workflows and manage process data and knowledge throughout the engineering lifecycle. This integration not only helps support our own process developments, but also allows us to seamlessly interface with the downstream engineering disciplines of our clients and engineering partners."

Lurgi Oel . Gas . Chemie has standardized on AspenTech's AES solutions for simulation, optimization and collaborative engineering to support its core competency of engineering and designing new plants. These solutions enable the company to develop process designs that offer its customers the optimum trade-off between capital investment and operating expenses. By streamlining workflows and knowledge sharing, the AES tools also enable designs to be completed more efficiently, reducing engineering costs and shortening project duration.

Under the new agreement, Lurgi Oel . Gas . Chemie is expanding its deployment of the Aspen Icarus technology for economic evaluation, extending its use from the cost estimation department into the process engineering group. This expansion will help ensure that estimates, which are made in the early phases of conceptual design to compare competing process technologies, can be made with confidence, using economic data that reflects Lurgi's own cost base.

https://www.chemeurope.com/en/news/23730/lurgi-extends-commitment-to-aspentech-engineering-software-solutions.html