- Lummus completed the acquisition of NAPCON from Neste in June 2025.
- The transaction includes NAPCON's intellectual property, assets, and key personnel.
- Lummus and Neste have a Strategic Collaboration Agreement for continued NAPCON services.
- Lummus Digital, a joint venture with TCG Digital, will deliver AI-driven solutions.
Acquisition Completion
In June 2025, Lummus Technology finalized its acquisition of the NAPCON portfolio from Neste. This transaction, initially announced in April 2025, involves the transfer of NAPCON's intellectual property, select assets, and key personnel to Lummus.
Strategic Collaboration
Lummus and Neste have entered into a Strategic Collaboration Agreement to ensure the continued delivery of NAPCON services to Neste and its subsidiaries. This partnership aims to maintain service quality and support ongoing operations.
Integration and Capabilities
The integration of NAPCON's digital solutions into Lummus's portfolio enhances the company's capabilities in AI-driven technologies. These solutions focus on improving operational safety, performance, and sustainability in industrial operations through advanced process controls, automation, and simulation software.
Partnerships and Licensing
Lummus Digital, a joint venture between Lummus Technology and TCG Digital, will license the NAPCON portfolio. In collaboration with Ferroman Engineering Oy, Lummus Digital will provide digital services to existing licensees, combining process engineering expertise with advanced data science.