Aspen Technology has launched AspenTech Strategic Planning for Sustainability Pathways – a new solution developed through a licensing agreement with Aramco, that aims to help companies optimise carbon capture and sustainability investments
As companies boost investments in technologies to mitigate greenhouse gas emissions, AspenTech’s Strategic Planning solution aims for these large capital investments to drive value and impact sustainability goals. They are also expected to support long-term operational performance objectives.
Based on this successful initiative, AspenTech also announced that it is launching an expanded co-innovation programme to bring together leading owner-operators and EPC companies to collaboratively develop a wider strategic planning solution portfolio for sustainability.
Important pathway
Rasha Hasaneen, chief product and sustainability officer at Aspen Technology said, “Asset-intensive industries play a critical role in the path to global net-zero, and carbon capture is an important pathway for our customers and requires significant capital investment. This is the focus of our new strategic planning solution – ensuring CAPEX and OPEX investments are optimised across the entire carbon capture value chain.”
Dr. Vikas Dhole, general manager, Sustainability Solutions at Aspen Technology, added, “Through the expanded co-innovation programme, we will continue to broaden our solutions into other pathways to help the asset-intensive industries to simultaneously address sustainability and operational performance objectives, given the significant investment that is projected in this area.”
