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Parametric Optimisation Solutions Ltd.

Introduction

Parametric Optimization Solutions (ParOS) Limited is a spinout company from Imperial College London. ParOS is a provider of advanced model-based technology and services to the process industries. These technologies address pressing needs in fast-growing engineering and automation market segments of the chemicals, petrochemicals, oil & gas, pulp & paper, power, fine chemicals, food, pharmaceuticals and biotech industries. ParOS controllers are currently operational in Air Separation units and glass furnaces. ParOS controllers have achieved a step improvement in energy efficiency with no upgrade required in control hardware. ParOS has also entered into commercial discussions to develop hydrogen storage control, building energy management systems and fuel cells control. ParOS, in April 2007, was involved in the delivery of a conventional diesel powered Minibus to the Research and Development Teams for conversion into the first Greek Hydrogen Fuel Cell Powered Minibus. ParOS roots are in leading-edge R&D development at Imperial College London, and we have continued the tradition not only by maintaining strong links with academic and research institution but by continuing to spend a significant proportion of annual revenue on R&D. This actually translates directly into technical advantage for our customers, who benefit from the latest modelling technology, the most innovative modelling techniques for complex processes and operations and an ever-growing base of expertise on which then can call. ParOS policy is to employ the best from industry and academia. ParOS’ consulting team is composed of experts in their fields.

The competences

  • Process modelling, simulation and optimisation for the chemical, energy, petro-chemical, and automotive industries

  • Advanced Process design

  • Advanced Process control

  • Fea-sibility and techno-economic studies

The role in NEXT-GTL

ParOS will participate in
  • Task 1.5c providing support to developing the process layout, instrumentation and control

  • Task 3.1: ParOS tools will be used to develop high fidelity models of the developed processes including optimal parameter estimation of the kinetics. Both steady state and dynamic models will be developed to assess the operation of the underlying processes under uncertainty. Advanced optimization-based techniques will be developed to assist experimental work and minimize effort (and cost) on the experimental stage

  • In Task 3.3. ParOS will play a key role in performing feasibility and technoeconomic studies of the developed integrated flowsheets

Links

ParOS-Website