LG Chem Saves $4M Annually Using AspenTech’s aspenONE® Advanced Process Control Solution
AspenTech Software and Services Implementation Also Helps Korea’s Largest
Chemical Company Achieve Operational Excellence Goals
Mr. CS Chung, Vice President of LG Chem, Ltd
"AspenTech helped us successfully implement aspenONE APC and
achieve our operational excellence goals within a limited budget
and timeline. We achieved savings of approximately $4 million US
annually through better throughput, energy savings and yield
IJ Park, Country Manager, AspenTech Korea
"LG Chem's selection of AspenTech reinforces our relationship as a
trusted technology partner. The completion of this project is a
major milestone, but it represents just the beginning of the type
of results LG Chem will realize."
Henry Lau, Senior Vice President & Managing Director for
"We are very proud that LG Chem was able to achieve a return on
investment within their desired timeframe. This is a strong
demonstration of AspenTech's superior technology and know-how, as
well as outstanding project execution by our experienced
professional services team. I am confident that the close
collaboration between AspenTech and LG Chem project and senior
management teams will result in additional successful projects that
deliver value and impact to LG Chem’s bottom line."
Links to more information:
About LG Chem
LG Chem is Korea's first and largest vertically integrated chemical
company. Founded in 1947, LG Chem has emerged as Korea's #1
chemical maker over the past six decades by consistently innovating
to deliver the petrochemicals and information and electronic
materials that improve the quality of life for people everywhere.
To find more information on LG Chem, visit www.lgchem.com.
AspenTech is a leading supplier of software that optimizes process
manufacturing – for energy, chemicals, pharmaceuticals,
engineering and construction, and other industries that manufacture
and produce products from a chemical process. With integrated
aspenONE solutions, process manufacturers can implement best
practices for optimizing their engineering, manufacturing and
supply chain operations. As a result, AspenTech customers are
better able to increase capacity, improve margins, reduce costs and
become more energy efficient. To see how the world's leading
process manufacturers rely on AspenTech to achieve their
operational excellence goals, visit www.aspentech.com.
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