Neste’s NAPCON divestment to Lummus completed

Neste, the world’s leading producer of renewable diesel and sustainable aviation fuel, announced on 23 April its plan to divest its proprietary technology NAPCON to Lummus Technology.
The divestment has now been completed.
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,” said Markku Korvenranta, executive vice-president and chief operating officer of Neste.
Neste has existing NAPCON installations in its sites optimising production, ensuring operator competence and providing critical information for refinery steering and decision-making.
In connection with the transaction, the parties have entered into a long-term service agreement to secure maintenance and development of installations in Neste’s refineries.
To ensure continuity and leverage critical expertise, the transaction includes the transfer of key personnel. Lummus Technology, through Lummus Digital and in partnership with Ferroman, will provide NAPCON’s digital services to Neste.