aspenONE Carbon Dioxide (CO2) Capture Process Models Accelerate Efforts to Meet Reduction Mandate Requirements and Support Clean Energy Development
BURLINGTON, Mass. – December 15, 2008 – Aspen Technology, Inc. (OTC: AZPN.PK), a leading provider of software and services to the process industries, today outlined how engineers and researchers across industry, academia and government are using its aspenONE CO2 capture simulation software to fight global warming. The CO2 capture models within the aspenONE Process Engineering software are accelerating efforts to meet the increasing adoption of government reduction mandate requirements, while supporting clean energy development.
Randall Field, Executive Director – Conversion Research Program, MIT Energy Initiative
“Using AspenTech’s software we are able to identify and analyze innovative ways to reduce the parasitic energy loads and costs associated with carbon dioxide capture. With the help of advanced modeling solutions in aspenONE we are well-equipped to investigate, innovate and assess alternative technologies for driving down carbon dioxide emissions while supporting the broader issues of energy security and energy costs.”
Mark Fusco, CEO, AspenTech
“Our continued strong commitment to R&D funding keeps AspenTech at the forefront of innovation in finding newer and better ways to meet today’s energy challenges. We are working in lock-step with the world’s leading engineers and researchers across government, academia and the process industries in the search for promising new alternatives for emissions controls and clean energy sources.”
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AspenTech is a leading supplier of software that optimizes process manufacturing – including oil and gas, petroleum, chemicals, pharmaceuticals 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.