Modeling software for refinery, petrochemical operators
Honeywell's RPMS 500 modeling software is Microsoft Windows 7/8 compatible and incorporates analytics software to help refinery and petrochemical companies assess long-term investment and operational conditions.
Honeywell has released RPMS 500, which is an enhancement of its Refinery and Petrochemical Modeling System (RPMS). It is designed to improve model building and maintenance, case management, and optimization to help plants maximize profitability.
RPMS 500 incorporates analytics software to better apply planning results. RPMS also helps refining and petrochemical firms assess their long-term investment options and understand the critical differences in potential yield and value of various feedstocks, as well as determining the best operating conditions over the planning horizon.
RPMS 500 features include support for Windows 7/8 64-bit platforms, as well as tools to simplify migration to the current software version. It also has provide improved case management, a new graphical user interface, HTML-based reporting, and improved optimization capabilities.
- Edited by CFE Media. See more Control Engineering simulator and optimizer products.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey