Developed for companies in the oil, gas, refining, chemicals, engineering, construction and other process industries, version V8.8.2 includes updates to the Aspen Economic Evaluation and Aspen Exchanger Design and Rating (EDR) product families. According to the vendor, the latest upgrades enable integrated workflow and costing improvements that can lead to lower capital expenditures, improved product-design efficiency and higher operational profitability. The release of Aspen Capital Cost Estimator includes the annual Cost Basis update for 2015, which is integrated into the entire Aspen Economic Evaluation suite. Users can estimate the total cost of equipment, labor and related services in new markets and locations, and independently evaluate engineering and construction as well as vendor quotes. Aspen EDR V8.8.2 conforms to the latest versions of design codes, including the American Society of Mechanical Engineers and European standards.

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