US-based Lummus acquires Siemens Energy's water, wastewater treatment technologies for oil, gas sectors; acquisition includes intellectual property, trade secrets, research and development properties, Zimpro wet air oxidation technology, PACT system

Sample article from our R&D/Patents

HOUSTON , May 25, 2023 (press release) –

Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced that it has reached an agreement with Siemens Energy to acquire assets from their water solutions portfolio including intellectual property and copyrights, trade secrets, and research and development properties. The technologies address water and wastewater needs of the oil and gas industry using carbon adsorption, biological treatment and hydrothermal processes.
 
Lummus will acquire Siemens Energy’s Zimpro® wet air oxidation technology and PACT® system, plus the associated intellectual property, lab equipment and associated assets. The technologies will expand Lummus’ portfolio of sustainable and integrated offerings into the treatment of water and wastewater produced in petrochemical and refining facilities.
 
“Water and wastewater management in industrial complexes is critical for our customers who are looking for answers to improve energy efficiency, make their operations more sustainable, and comply with environmental regulations and standards,” said Leon de Bruyn, President and CEO of Lummus Technology. “This acquisition adds to our growing integrated technology portfolio and provides yet another sustainable solution for our customers.”
 
The Zimpro system addresses treatment of caustic waste from ethylene crackers, while the PACT process is an efficient wastewater treatment process designed to remove organic pollutants from industrial wastewater. Both processes offer several advantages over traditional treatment methods, including the conversion and destruction of elevated waste streams, while minimizing the generation of secondary waste streams.
 
The Zimpro and PACT technologies provide solutions for industrial wastewater treatment challenges, yield cleaner wastewater for reuse at industrial facilities and deliver a reliable water resource while reducing risk, carbon footprint and operating costs.
 
About Lummus Technology
Lummus Technology is the global leader in developing technology solutions that make modern life possible and focus on a more sustainable, low carbon future. We license process technologies in clean fuels, renewables, petrochemicals, polymers, gas processing and supply lifecycle services, catalysts, proprietary equipment and digitalization to customers worldwide. To learn more about Lummus, visit www.LummusTechnology.com.
 
Contacts:
Lummus Technology
Matt Braud
Marketing and Communications, Lummus Technology
+1 281 368 3116 (direct)
+1 225 335 3392 (cell)
Matthew.Braud@LummusTech.com

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.

See our dashboard in action - schedule an demo
Chelsey Quick
Chelsey Quick
- VP Client Success -

We offer built-to-order r&d/patents coverage for our clients. Contact us for a free consultation.

About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025

+1 (310) 553 0008

About Cookies On This Site

We collect data, including through use of cookies and similar technology ("cookies") that enchance the online experience. By clicking "I agree", you agree to our cookies, agree to bound by our Terms of Use, and acknowledge our Privacy Policy. For more information on our data practices and how to exercise your privacy rights, please see our Privacy Policy.