Process Systems Enterprise Inc. Announces the Formation of thePartnership for Advanced Process Modeling

Process Systems Enterprise Inc. (PSE), the Advanced Process ModelingTM company, today announced the creation of The Partnership for Advanced Process Modeling, a global initiative to accelerate the use of advanced process modeling at leading engineering universities. PSE also announced the signing of Carnegie Mellon University as the first US University partner.

PSE, a spin-out of Imperial College London, England, will contribute to the Partnership with Carnegie Mellon´s Center of Advanced Process Decision-making its leading gPROMS® platform software, model libraries, and training services. The universities will drive exposure and adoption of the technology of advanced process modeling to its chemical engineering students at the graduate and undergraduate level, the teaching staff, and selected industrial participants.

gPROMS, the world´s leading advanced process modeling platform, is used by process companies around the world to make better, faster and safer design and operating decisions by reducing uncertainty. This enables reduced time-to-market for new processes or products, better-managed development risk, improved designs, enhanced production, reduced capital and operating expenditure and better compliance with safety, health and environmental requirements.

The package is applied in all sectors of the process industries, in particular those with complex operations such as reaction, separation, crystallization, polymerization and fuel cell processes.

"The Partnership for Advanced Process Modeling is a critical initiative at a crucial time", said Dale Curtis, President of Process Systems Enterprise, Inc. "As more process-centric companies look for ways to create and capture sustainable value, the power of advanced process modeling needs to become more integral to those efforts. Our goal is for engineering students to see what we see "´ that advanced process modeling is a value magnet, capable of driving revenue growth, costs savings and risk mitigation."

"Carnegie Mellon University is pleased to be the inaugural US partner in this vital initiative", said Professor Ignacio Grossmann, Director of CMU´s Center for Advanced Process Decision-making (CAPD). "We understand we need to provide the next generation of industry practitioners with the most advanced tools industry needs to win in a competitive global economy. Along with our research at CAPD, this Partnership with PSE enables us to do just that."

Information: http://www.psenterprise.com/news/pr120403.html