The chemicals market is very competitive, volatile, and fast-paced. To maintain a strong market position, companies need to look harder and deeper into their equipment, production, and operations to ensure the production chain is optimized. At leading chemical companies Advanced Process Control (APC) is the main process control formula for reaching a higher level of process operational excellence.
Advanced Process Control (APC) is a process control and optimization technology that takes into account the multivariable interactive nature of process units to reduce variability and drive the process to an optimum. So, the goal of well-designed APC strategy in the chemical industry is very simple: to maximize margins while meeting customer expectations by moving the process to a more optimal point. This results in consistently operating the unit close to the maximum possible profit day in and day out, safely and reliably. The following criteria can quantify the benefits associated with an APC process:
— Authors: Tushar Singh & Kate Kulik, Aspen Technology Inc.