Rompetrol accelerates digital transformation strategy

Rompetrol Rafinare, a KMG International Group member and the largest refinery company in Romania, has purchased Aspen Mtell® software and Aspen Fidelis Reliability® software licenses from the aspenONE® Asset Performance Management (APM) software suite, as an integral part of its digital transformation strategy.

  • 5 years ago Posted in

AspenTech’s solutions will be instrumental in improving production uptime and reducing maintenance costs as part of Rompetrol’s digital strategy focusing on improving the reliability and availability of its assets. AspenTech products, including Aspen Mtell and Aspen Fidelis Reliability, allow Rompetrol not only to detect plant failures in advance, but also to understand their financial impact, allowing for improved asset planning and enhanced operational decisions.

Yedil Utekov, general manager of Rompetrol Rafinare stated: “Our goal is to achieve ‘one view’ of our refinery operations to bring greater operational efficiency and value. Working with AspenTech we are able to identify failures significantly earlier, reducing equipment damage and unplanned process downtime.”

Identifying weak links in reliability, maintainability and availability will help the business to compete effectively, while prioritising further improvement initiatives and complying with regulations such as IMO2020 which comes into effect January 1, 2020 and calls for a 0.50% global sulfur cap for marine fuel content.

Utekov added: “AspenTech’s experience in our industry, coupled with the fact that its product portfolio represents one of the broadest footprints of asset optimisation solutions in the market, allows us to take this step forward in our digitalisation strategy. AspenTech’s APM suite gives us improved asset availability and its advanced process control solution gives us better utilisation. We will be able to plan, intervene and save significant production time each year. That combination equates to top line and bottom line improvements for our business.”

John Hague, senior vice president and general manager, AspenTech’s APM Business Unit explained: “Initially Rompetrol was concerned the plant was not adequately instrumented to take advantage of Aspen Mtell’s machine learning capabilities.  However, Aspen Mtell was able to produce accurate predictions from the outset.   AspenTech has given Rompetrol a tool that can deliver immediate value and avoid unnecessary implementation expense.” 

Hague continued: “By analysing and interpreting more of their available data, the refinery team can accelerate previous analysis processes to reduce maintenance costs, enable Rompetrol to significantly mitigate production losses and minimise disruptions to its customers.”

Hybrid Deployment offers a secure, flexible solution for seamless data movement across environments.
Partnership will see Cognizant implement digital products and data capabilities with the goal of...
The partnership is the first step on a journey to advance how companies onboard, retain, and grow...
OCI helps power more than one million trips every hour and 14 million predictions per second.
New offering within Oracle Fusion Cloud Applications Suite helps business leaders streamline...
Survey of ITDMs reveals majority of companies missing key insights into productivity lost due to...
Sainsbury’s will partner with SAP to revolutionise its commercial systems, increasing its ability...
LTIMindtree has been selected as a global digital service provider by Exyte, a global leader in the...