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Tesoro Corp. Standardizes on M3 Technology
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Selected for Oil Refinery Scheduling and Blend Optimization
Tesoro has licensed M3 Technology enterprise, refinery scheduling software including SIMTO™ Scheduling (scheduling all tank transfers, crude oil scheduling, process unit scheduling and product run downs), SIMTO M-Blend® (multi-period blend optimization for crude and fuels blending) and SIMTO Global (provides for managing global refining assets and inventories) as well as Integration Depot for all of Tesoro's refineries.
M3's refinery scheduling solution will provide Tesoro with an integrated system to help plan and schedule production. SIMTO Scheduling simplifies scheduling with flowsheets to model manufacturing processes, Gantt charts to arrange operational activities, and case comparisons to evaluate various operational scenarios. SIMTO Scheduling simulates the impact of feedstock quality and composition changes on product yields that will help Tesoro make difficult and time-constrained decisions regarding changes in crude oil feedstock. The SIMTO scheduling applications work together seamlessly and communicate with other systems through Integration Depot and Web Services making rapid systems integration possible.
Tesoro Corporation, a Fortune 100 Company, is an independent refiner and marketer of petroleum products. Tesoro, through its subsidiaries, operates seven refineries in the western United States with a combined capacity of approximately 660,000 barrels per day. Tesoro's retail-marketing system includes over 880 branded retail stations, of which more than 390 are company owned under the Tesoro®, Shell®, Mirastar® and USA Gasoline™ brands.
Tesoro Corporation
300 Concord Plaza Drive
San Antonio, Texas 78216
Announcement approved by Tesoro Public Affaires
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