Leading chemical companies across the globe face more competitive pressures with volatile market conditions and a rapidly changing workforce pushing the demand for increased sustainability and profitability. Digital twin software offers new levels of operational excellence through enterprise-wide insights that drive improved business operations.

Sustainability remains top-of-mind for most executives as they work to balance environmental concerns with business performance. Digital solutions have emerged as a key enabler to help companies make progress toward their sustainability goals.

Agile has traditionally been used for software product development, however, it can also be applied as a key enabler for supply chain transformation. Hexion, a global specialty chemical company, has applied Agile to improve supply chain processes, driven by Sales and Operations Execution (S&OE), across 45 global production sites.

While most chemical companies have sustainability initiatives in place with varying reliance on digital technologies to achieve these goals, challenges remain. What are the key enablers to eliminate emissions and waste, extend material use and regenerate natural systems? How do new innovations accelerate this effort?

What is a digital twin? Why is it an essential building block for your organization’s initiatives, such as sustainability, operational excellence and improved margins? Leading energy and chemical companies are leveraging digital twin technology to model the behavior and performance of assets to improve their bottom line. In this on-demand webinar AspenTech’s Market Strategy Director and industry expert Ron Beck shares how digital twin technology provides the following benefits: