IT trend shakes hands in the process sector
22 Aug 2000
BP Amoco and AEA Technology-Hyprotech have forged a multi-million dollar business and technology alliance with a commitment to a `single model' enterprise engineering approach. An industry trend seems to have been set.
Meanwhile, Intergraph and Aspen Technology have signed a multi-million dollar software agreement with Dow Chemical to provide process plant design and integrated life cycle engineering management software to Dow centres.
Hyprotech, a wholly owned subsidiary of AEA Technology, is a leading supplier of engineering software to the oil, petrochemical, pharmaceutical and fine chemicals industries. This long-term initiative aims to help BP Amoco achieve its technology goals of maximised efficiency and profitability, while emphasising business processes.
Andrew McKenzie, vice president of technology for BP Amoco, said: `Capitalizing on past achievements and identifying the barriers and gaps to our joint vision, BP Amoco and Hyprotech have developed this alliance.' Gordon Hutchinson, head of engineering at BP Amoco agreed: `We believe the alliance management team will succeed in implementing a more efficient use of simulation technology in existing and grass roots plants.'
Integrated software from Intergraph and AspenTech is their first strategic agreement and will enable more than 1300 Dow engineers to improve productivity by managing and applying engineering knowledge. Chairman and ceo of AspenTech, Larry Evans, said: `Dow is at the forefront of the process industries in achieving significant benefits through the effective management and utilisation of engineering knowledge.'
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