KBC offers Chevron PETRO LP technology

12 September 2018

KBC has announced the availability of Chevron’s PETRO LP (linear programming) technology for all refining and petrochemical customers. PETRO is made available under the terms of a reseller agreement between Yokogawa and Chevron.

Source: KBC

KBC offers PETRO as an integrated component of its Petro-SIM simulation and Visual MESA Supply Chain Scheduling (VM-SCS) portfolio. Petro-SIM uses rigorous chemical and physical science to accurately model refinery and petrochemical processes over a wide operating window and is used extensively for both process design and operating performance management. VM-SCS allows plant personnel to schedule and simulate operations on an integrated supply chain topological model, easily identifying possible imbalances between interdependent operations. PETRO uses distributed recursive LP technology to give advice to traders on optimal bids for feedstocks; processes thousands of variables to arrive at the most valuable operations parameters and the most economic mix of products to produce, buy or sell; and provides analysis used in discussions with environmental agencies to evaluate different future regulation scenarios. Compared with conventional planning tools that use standard LP technology, PETRO excels at solving problems at a global (multi-unit) level.

In combination, Petro-SIM will act as a Digital Twin of the plant, continuously connected to real-time plant data sources in order to faithfully maintain a calibrated accurate model of the plant. From time to time it will check the linear models in PETRO and automatically update them to match the linearized current operating envelope.