Aspen Technology Inc. has acquired Pipeline Scheduling System (“PSS”) and Dock Scheduling System (“DSS”) software from Refining Advantage Inc. According to the company:
- AspenONE Petroleum Supply Chain software maximizes profitability and drives improvements across the entire petroleum supply chain.
- PSS and DSS will provide additional capabilities to enable customers to manage and schedule entire facilities, including docks and pipelines.
- PSS is a pipeline scheduling tool that enables pipeline companies, refineries and terminals with pipelines to optimize their pipeline schedules and improve profitability and safety.
- DSS is used by refineries and terminals to schedule their docks, enabling them to save on demurrage costs that are incurred due to delays in on-loading or off-loading cargo.