This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

AspenTech Awarded Best Energy Management Technology At Asian Manufacturing Awards 2013

Aspen Technology, Inc. (NASDAQ: AZPN), a leading provider of software and services to the process industries, was awarded Best Energy Management Technology at the Asian Manufacturing Awards 2013. The awards are organized by Contineo Media, the parent company of Control Engineering Asia, a leading publication that reports on the process industries across Asia-Pacific.

Contineo Media’s 22-person, independent judging panel cited use of Aspen Plus ®, Aspen Energy Analyzer, and Aspen Exchanger Design and Rating at LG Chem, Korea’s largest chemical company. By deploying AspenTech software, LG Chem achieved a 15% increase in plant efficiency and reduced energy use by improving heat recovery.

aspenONE Engineering software enables the world’s leading process manufacturers to simultaneously model energy use, capital and operating costs, and process designs to work more efficiently and to develop a deeper understanding of their operations. In addition, companies use aspenONE Manufacturing and Supply Chain optimization software to meet regulatory standards, reduce carbon emissions, manage energy efficiency, and operate more profitably.

Supporting Quotes

Bob Gill, Editor-in-Chief, Control Engineering Asia

“As the largest consumer of energy, the industrial sector is keenly focused on energy efficiency and energy consumption. The Best Energy Management Technology Award went to AspenTech in recognition of proven offerings to the process industries. Software solutions such as Aspen Plus and Aspen Energy Analyzer allow owners of large, complex facilities to realize significant savings that are a foundation for sustainable operations.”

Sungchul Yoo, General Manager, LG Chem

“The aspenONE engineering suite was integral in developing the solutions used to revamp the butadiene plant. Using aspenONE expedited the optimization process and led to the quick implementation of improvements.”

Henry Lau, Senior Vice President for Asia-Pacific, AspenTech

“The Asian Manufacturing Awards provide an important platform to recognize leading technology solutions that Asian process manufacturers use to compete better globally and to build a skilled workforce. Asia-Pacific is home to an increasing pool of process manufacturers, and AspenTech plays a key role in helping these companies achieve their operational goals and position themselves for long-term success.”

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs