Honeywell Enhances Refining and Petrochemical Planning Solution
August 10, 2017
RPMS also helps refining and petrochemical firms assess their long-term investment options and understand the critical differences in potential yield and value of various feedstocks, as well as determining the best operating conditions over the planning horizon.
Key new features with the RPMS 500 release include support for Windows™ 7/8 64-bit platforms, as well as tools to simplify migration to the current software version. Other enhancements provide improved case management, a new graphical user interface, HTML-based reporting, and improved optimization capabilities.
These tools are critical to optimizing the overall profitability of refining and petrochemicals operations and RPMS helps to drive and sustain improved profitability by enabling clients to assess more options and align the organization more effectively to the plan. Effective planning is critical to help today's process industries increase profitability. RPMS helps enable development and analysis of advanced mathematical programming models, utilizing linear programming (LP) optimization to answer key business questions related to raw material purchases, product specifications, plant operation, and distribution and logistics.
For more information, please visit
www.honeywellprocess.com.
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Honeywell Process Solutions (
www.honeywellprocess.com) is a pioneer in automation control, instrumentation and services for the oil and gas; refining; pulp and paper; industrial power generation; chemicals and petrochemicals; biofuels; life sciences; and metals, minerals and mining industries. Process Solutions is part of Honeywell's Performance Materials and Technologies strategic business group, which also includes UOP, a leading international supplier and licensor of process technology, catalysts, adsorbents, equipment, and consulting services to the petroleum refining, petrochemical, and gas processing industries.
Honeywell (
www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; turbochargers; and performance materials. Based in Morris Township, N.J., Honeywell's shares are traded on the New York, London, and Chicago Stock Exchanges. For more news and information on Honeywell, please visit
www.honeywellnow.com.
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Honeywell today announced a major enhancement to its Refinery and Petrochemical Modeling System (RPMS) that will improve model building and maintenance, case management, and optimization to help plants maximize profitability.