Neste divests its NAPCON technology to Lummus

Neste, the world’s leading producer of renewable diesel and sustainable aviation fuel, has signed an agreement to sell its proprietary technology NAPCON to Lummus Technology.
NAPCON covers solutions in the field of interactive operator training simulators and game-aided learning systems, real-time process optimisation, AI based process predictors and real-time process information gathering, monitoring and analytics.
NAPCON products have been continuously developed to meet the high demands in process safety, profitability and competitiveness of production assets.
“I am thrilled by this announcement. Lummus has the capability to keep NAPCON technology competitive as well as secure maintenance and development of the existing installations for Neste and NAPCON client base.
“Lummus is a global technology licensor in hydrocarbon processing and is in the position of creating value with NAPCON by offering NAPCON solutions to its global customer pool. We believe Lummus is the right partner to scale-up NAPCON technology and ensure its competitiveness in the long term,” said Markku Korvenranta, executive vice-president and chief operating officer of Neste.
“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,” said Leon de Bruyn, president and chief executive officer of Lummus Technology.
Neste has existing NAPCON installations in its sites optimising production, ensuring operator competence and providing critical information for refinery steering and decision-making.