I have been using the "Run the ANSYS Borrow Utility" option on the ANSYS License Manager (version 11) but cannot see a way to borrow a parallel processing capability. I have a dual core laptop and would like to be able to use both cores for processing.

Is there an option that I should specify in the license manager or is borrowing a parallel processing capability not possible?

Unfortunately it is not yet possible to borrow licenses for the parallel processing capability. It is hoped this will be available in release 12.
You will notice that in your license file the INCREMENT line for the feature acfx_par_proc (needed for parallel processing) does not contain the option BORROW even though the INCREMENT lines for the other features do.

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