Dynamic Real Time Optimizer (RT-OP) optimizes assets and asset operations in a refinery or petrochemical plant to ensure that they are continuously responding to market signals and disturbances.
Operational Excellence Transformation is Yokogawa and KBC’s co-innovated portfolio of solutions and services. We provide comprehensive solutions for business automation in all four areas using consulting and digital technology.
Asset Operation and Optimization deals with realizing the potential of physical assets by pushing throughput and maximizing the production of the highest-value products, while minimizing variable costs, such as energy. It ensures small and large capital expenditure projects are delivered on time and on budget, to achieve growth and meet environmental requirements. Through these competencies, it will be possible for companies to take full advantage of their physical assets. Yokogawa’s Asset Operation and Optimization solution leverage industry-leading technology to generate precise operating information to increase operator insight, ultimately leading to improved performance and profitability.
With our track record of providing project execution and thorough lifecycle services and KBC consulting, our customers can obtain practical and deep insights on maximizing their physical assets. Together, we aim to contribute and actualize improvements not only for profitability but also for overall safety, operability and reliability.
·Supply Chain Optimization
- Optimize management of supply, whether oil in the ground or feedstocks for a refinery or chemical asset, in light of product market demands. This provides operators with the agility to take full advantage of market conditions.
·Operational Risk Management
- Reliably control safety, health and environmental risk at a personal and process level. This assures the robustness required to avoid catastrophic losses.
·Asset Management and Integrity
- Confidently ensure asset reliability and availability, whilst controlling maintenance costs. This assures the asset always meets expectations and is always available to capitalize on short term market opportunities.
Dynamic Real Time Optimizer (RT-OP) is a dynamic real time optimization solution which optimizes an asset (e.g. LNG), an entire plant (e.g. olefins) or circuit within a refinery / petrochemical plant to ensure it is continuously responding to market signals and disturbances (such as feed changes), on a few minutes’ basis. The solution combines Petro-SIM models and Platform for Advanced Control & Estimation (PACE) APC.
- Improving productivity and maximizing profits by quickly responding to dynamically changing market conditions -
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