Lummus Technology is reinforcing its leadership in digital innovation with a major move to acquire NAPCON’s advanced AI and digital solutions from Neste. This step not only enhances Lummus’ digital capabilities but also signals a stronger commitment to delivering smarter, more efficient process technology to global industries.
Lummus Technology Acquires NAPCON’s AI and Digital Assets
Lummus Technology has signed a deal to acquire key intellectual property and assets of NAPCON, Neste’s proprietary provider of digital solutions. As part of the agreement, critical NAPCON personnel will transfer to Lummus, ensuring continuity and expertise. This acquisition is set for completion by June 2025 and marks a strategic move to boost Lummus’s offerings in AI, automation, and advanced process controls.
Strategic Partnership Enhances Global Digital Solutions
Alongside the acquisition, Lummus and Neste have entered a Strategic Collaboration Agreement to provide ongoing NAPCON services for Neste and its subsidiaries. Lummus Digital, partnered with Ferroman Engineering, will deliver digital services and support for existing and future customers. The collaboration is designed to maintain and advance installed NAPCON solutions, supporting process efficiency and competitiveness worldwide.
Collaboration Set to Drive Sustainable Industrial Innovation
The combined expertise of Lummus, Neste, Lummus Digital, and Ferroman is expected to accelerate digital transformation in industrial sectors. Together, they aim to deliver smarter, safer, and more sustainable operations in refining, petrochemicals, steel, and food processing. Lummus Digital, with its advanced data science, will further strengthen the digitalization of energy and process industries, supporting customers’ green transition goals.
In summary, Lummus Technology’s acquisition of NAPCON and strategic partnership with Neste underscore its commitment to leadership in digital and sustainable solutions. By leveraging advanced AI and deep industry expertise, Lummus is poised to enhance performance and efficiency for customers worldwide. The move marks a significant step forward in the digital evolution of the global process industry.
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