PSE to Provide Advanced Process Modeling Software to ExxonMobil

Leading Refining, Energy and Petrochemical company to implement PSE’s
gPROMS software globally

LONDON–(BUSINESS WIRE)–#ProcessSystemsEnterprise–Process Systems Enterprise Inc. (PSE), the Advanced Process Modeling
(APM) company, today announced it signed a corporate agreement making
its industry leading gPROMS equation-oriented modeling technology
accessible throughout ExxonMobil. The agreement also provides for
co-development of advanced automation and control applications as part
of PSE’s gPROMS Operational Excellence Solutions.

The new agreement complements ExxonMobil's long-standing relationship
with PSE for detailed engineering design and simulation tools as well as
expert consulting services.

"We are delighted that ExxonMobil has chosen PSE to provide it with APM
software and solutions," said Costas Pantelides, PSE CEO. "Having been
selected as a technology partner for innovative automation solutions, we
look forward to helping the company realize maximum benefits from our
technology."

PSE’s gPROMS is a unified equation-oriented process modeling environment
for applications across the plant, from complex catalytic reaction and
separation to wastewater treatment and utilities. It has
industry-leading mathematical optimization and global system analysis
capabilities, that, coupled with high-fidelity process models, enable
companies to accelerate innovation, optimize process design and
operation and systematically manage technology risk. gPROMS Operational
Excellence Solutions leverage investment in high-fidelity process models
by deploying these within advanced online applications for monitoring
and optimization of process plants

About PSE

PSE (www.psenterprise.com)
is the world’s foremost provider of Advanced Process Modeling software,
services and solutions to the process industries. Companies apply
advanced process models to explore the process decision space rapidly
and effectively, in order to reduce uncertainty and make better, faster
and safer design and operating decisions.

PSE’s equation-oriented platform gPROMS® products include the gPROMS
ProcessBuilder® flowsheeting and custom modelling environment for
optimizing fluid process design and operation and the gPROMS Operational
Excellence Solutions (gOES) for operational monitoring, optimization and
planning based on high-fidelity models.

PSE is committed to defining, developing and driving the adoption of
next-generation process modeling software and workflows capable of
supporting industry digitalization strategies. The unique advantages of
PSE tools are the combination of high-fidelity models, powerful
mathematical optimization and global system analysis capabilities, and a
high-performance equation-oriented framework for rapid and robust
solution of complex problems.

Contacts

PSE
Kate Burness
+44-20-8563-0888
[email protected]
Editors:
www.psenterprise.com/news/pr180118