Lummus acquires NAPCON to expand digital offerings

LUMMUS Technology, a global provider of process technologies and value-driven energy solutions, signed an agreement with Neste to acquire the intellectual property and certain assets of NAPCON, Neste’s proprietary digital technology solutions provider.

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The agreement also includes the transfer of key NAPCON personnel to ensure continuity and leverage critical expertise.

In addition, Lummus and Neste have entered into a strategic collaboration agreement to provide continuous NAPCON services to Neste and its subsidiaries.

NAPCON leverages AI, advanced process controls, automation and simulation software that enhances efficiency, safety and sustainability in refining, petrochemical and other industrial operations.

NAPCON’s products have been continuously developed to meet the high demands in process safety, profitability and competitiveness of production assets.

“I am grateful for the long-term partnership with Neste, renowned for their industry vision. The acquisition of NAPCON’s digital solutions and continuing our partnership with Neste are transformative steps for Lummus,” says Leon de Bruyn, President and CEO of Lummus Technology.