March 16, 2010
Supporting Quotes:
Mr. Young-In Yoon, VP of Base Chemical Production Business
Unit, Samsung Total Petrochemical Co., Ltd
"AspenTech is a trusted partner helping us in this major margin
maximization project. AspenTech's planning and scheduling solution
is enabling us to establish tightly integrated planning and
scheduling business operations. Based on initial results, we expect
to achieve more than $5 million US savings annually, as a result of
optimized operations and consequently improved margins."
Henry Lau, Senior Vice President & Managing Director for
APAC, AspenTech
"Satisfied customers such as Samsung Total continue to implement
additional modules of the aspenONE suite because they realize good
return on investment. AspenTech's vision is to enable every process
company to achieve operational excellence and improve profitability
across the enterprise. Our mission is to help customers stay
competitive by making manufacturing operations more agile and
better able to respond to changing market conditions."
Supporting Resources
Links to more information:
About Samsung Total Petrochemicals
Samsung Total Petrochemicals (formerly Samsung General Chemicals
from 1988 to 2003) was established in August 2003 as a joint
venture between the Samsung and the Total Group, a global French
energy and chemical company. Samsung Total operates a large
petrochemical complex consisting of 15 individual plants located in
Daesan, Korea. As a general chemicals company, it manufactures and
supplies chemical products for daily life, such as synthetic
polymer resins (polyethylene, polypropylene, etc.), base chemicals
(styrene monomer, para-xylene, etc.) and other petrochemicals and
petroleum-based products. For more information on Samsung Total
Petrochemicals, visit www.samsungtotal.com.
About AspenTech
AspenTech is a leading supplier of software that optimizes process
manufacturing – for energy, chemicals, pharmaceuticals,
engineering and construction, and other industries that manufacture
and produce products from a chemical process. With integrated
aspenONE solutions, process manufacturers can implement best
practices for optimizing their engineering, manufacturing and
supply chain operations. As a result, AspenTech customers are
better able to increase capacity, improve margins, reduce costs and
become more energy efficient. To see how the world’s leading
process manufacturers rely on AspenTech to achieve their
operational excellence goals, visit www.aspentech.com.