PSE Annual Meeting Draws Wide Range of Process Industry Innovators

BP, Shell, GSK, Pfizer Present at Model-Based Engineering Conference

LONDON - Sunday, June 12th 2011 [ME NewsWire]

(BUSINESS WIRE)-- Leading process organisations BP, Shell, GSK and Pfizer this week presented at the Process Systems Enterprise (PSE) Annual Meeting on model-based engineering (MbE) in London.

Aimed at technology managers from across the process industries, the event covered the application of MbE techniques to enhance process design and scale-up, optimise operations, accelerate process innovation and manage new technology risk. Sessions covered oil & gas, refining, petrochemicals, pharmaceuticals, pulp & paper, food & beverage, mining, metallurgical, water treatment and carbon capture & storage (CCS) applications.

The BP keynote address described challenges faced by the upstream oil industry that are being addressed by the Field of the Future® technology programme, which aims to deliver success at scale across a large distributed global organisation via solutions such as the Model-Based Operational Support toolkit.

Shell Global Solutions described the application of dynamic optimisation to product blending to enhance process economics by millions of Euros per year. GSK and Pfizer outlined how model-based experimentation can be applied as part of Quality-by-Design (QbD) programmes to accelerate time-to-market of new drugs.

PSE provides the gPROMS® process modelling platform and ModelCare® MbE services to the process industries. gPROMS represents a new generation of modelling technology that enables companies to capture corporate knowledge in high-fidelity mathematical models and apply it across the organisation for engineering and operational decision support and risk management.

Other highlights included:

SASOL's use of whole-plant economic optimisation to screen conceptual designs for syngas facilities.
Süd-Chemie's model-based approach to accelerating new catalyst development.
Anglo American Platinum's troubleshooting of an underperforming crystallisation process used for monetising a waste stream.
Veolia’s model-based techniques for simultaneously optimising energy efficiency and water quality in industrial waste water treatment.
DNV’s work with PSE to develop maritime CO2 capture processes.

Prof. Costas Pantelides, MD of PSE, says: “The diversity and scale of applications that generate real value show that model-based engineering is becoming a key technology for process industry innovators. We believe that this will drive a step change in value creation across all process sectors.”

Field of the Future is a registered trademark of BP.

Contacts

PSE

Kate Burness +44-20-8563-0888

k.burness@psenterprise.com

or

Editors: www.psenterprise.com/news/pr110610.html