LONDON & HOUSTON--(BUSINESS WIRE)--June 7, 2005--KBC Advanced Technologies plc (KBC) a annoncé aujourd'hui que la raffinerie Collombey de Tamoil a signé un accord de licence pluriannuel pour utiliser Petro-SIM, le logiciel de simulation de procédé de raffinage de KBC.
Tamoil's Collombey Refinery Licenses Petro-SIM From KBC Advanced Technologies
LONDON & HOUSTON--(BUSINESS WIRE)--June 7, 2005--KBC Advanced Technologies plc (KBC) today announced that Tamoil's Collombey refinery signed a multi-year agreement to license Petro-SIM(TM), KBC's refinery-wide process simulation software.
The agreement includes the KBC Profimatics(TM) distillation, catalytic cracking and reforming models (DIST-SIM, FCC-SIM and REF-SIM) as well as KBC's proprietary furnace model and product blending technology.
Petro-SIM allows Tamoil process engineers to model the entire refinery allowing them to optimize, analyze, and evaluate complex refinery interactions
Petro-SIM can be used to determine the impact of different feedstocks and operating targets, monitor process performance, conduct investment studies or update a Linear Program (LP) model
"KBC is delighted that Tamoil has selected Petro-SIM," says Simon Rogers, Vice President of Software, KBC.
"This is an important validation of our recently released Petro-SIM product.
We look forward to working closely with Tamoil to maximize the value they receive from our modeling technology and our extensive consulting and profit improvement experience." Mario Damigella, Tamoil's Technical Department Manager, said, "We are pleased to extend our relationship with KBC.
We believe that Petro-SIM best meets the simulation needs of our refinery." About Tamoil: The Swiss Collombey refinery is located in the canton of Valais at Collombey-Muraz on the left bank of the Rhone.
The refinery currently produces unleaded 95 and 98 octane gasoline, diesel oil, extra-light and heavy heating oil, kerosene and liquefied petroleum gases.
In 2003 the Collombey refinery processed more than 2 million metric tons of crude oil
The refinery production accounts for approximately 41% of total oil products refined in Switzerland and therefore plays a key role in the oil sector of the country.
In 2004 the construction of the refinery's total residue conversion units was completed.
This project includes a catalytic cracking unit that converts residues into high value light products
KBC Process Technology Ltd is the leading independent process engineering group delivering improved profitability through consulting services and practical solutions to owners and operators of oil refineries and other clients in the process industries worldwide.
KBC analyses plant operations and management systems, recommends changes that deliver material and measurable improvements in profitability and provides implementation services to assist clients in realizing measurable financial improvements.
KBC also forecasts crude and petroleum products prices, and offers economic and pricing studies focused on the future outlook for the oil industry.
KBC works with clients both to implement recommendations and monitor the resulting profit improvements on a continuing basis.
In carrying out this work, our consultants make extensive use of the process simulation software tools developed by KBC.
KBC's Profimatics(TM) refinery reactor models are used worldwide.
Formed in 1979, KBC has principal offices in the UK, USA, Singapore, Japan, Russia, and the Netherlands.
For more information, visit www.kbcat.com
KBC Advanced Technologies plc Business Relations
Simon Rogers, +44 1932 242424
or Corporate Communications
Tamra Daniels, +1-281-293-8200
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SOURCE: KBC Advanced Technologies