PARIS, July 03, 2023–(Business WIRE)–Technip Energies (Paris:TE) (ISIN:NL0014559478) announces the acquisition of Processium, an pro organization in course of action development, geared up with laboratory and piloting facilities positioned in Lyon, France.
Processium is an industrial advancement spouse creating and creating future-era processes to help the strength changeover and enrich production competitiveness in the industry of sustainable chemical substances.
With this acquisition, Technip Energies will go after its strategic objective of accelerating the advancement of new procedures and technologies to fulfill the urgent desires of a rapid-growing industry, driven by sustainability objectives. Technip Energies will bolster its R&D portfolio and enlarge its support give, having advantage from the highly skilled workforce of Processium with specific competencies in reactor design and scale-up, as effectively as downstream purification and processing know-how.
The modern and reputable innovation center offers procedure development solutions that speed up and de-threat new technology introduction for clients ranging from startups to massive industrial businesses. The integration with Technip Energies will make exclusive offerings for its purchasers to aid new course of action progress and deliver added worth for both of those corporations.
Wei Cai, Chief Technological innovation Officer of Technip Energies, commented: “We are really enthusiastic by this possibility to leverage talent and abilities from Processium. In near collaboration with our current technological know-how facilities, this acquisition will greatly enhance our abilities to develop proprietary technologies in the dynamic sustainable chemical compounds market.”
Pascal Rousseaux, Founder and Main Government Officer of Processium, commented: “We share the very same vision of market requires and the mix of our respective strengths will give new offerings to aid our consumers at all levels from strategy to industrial resolution. Remaining component of the Technip Energies group will carry a good deal of benefit to our buyers. We are extremely delighted and energized about the opportunities of collaboration with Technip Energies’ R&D teams.“
About Technip Energies
Technip Energies is a foremost Engineering & Technology enterprise for the vitality changeover, with leadership positions in Liquefied Purely natural Fuel (LNG), hydrogen and ethylene as effectively as developing sector positions in blue and green hydrogen, sustainable chemistry and CO2 administration. The company rewards from its sturdy task shipping design supported by considerable technological know-how, products and solutions and companies providing.
Running in 35 international locations, our 15,000 persons are entirely committed to bringing our client’s ground breaking projects to daily life, breaking boundaries to accelerate the vitality transition for a far better tomorrow.
Technip Energies is mentioned on Euronext Paris with American depositary receipts (“ADRs”) investing over-the-counter in the United States.
For additional information: www.technipenergies.com.
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