Portfolio Expansion Lummus to Takeover Assets from Siemens Energy’s Water Solutions Business

Source: Press release Ahlam Rais Reading Time: 2 min

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Under an agreement between both the parties, Lummus will acquire Siemens Energy’s Zimpro wet air oxidation technology and Pact system, along with the associated intellectual property, lab equipment and associated assets. With this move, the firm aims to expand its portfolio for sustainable, integrated water solutions.

Lummus Technology has reached an agreement with Siemens Energy to acquire assets from their water solutions portfolio.
Lummus Technology has reached an agreement with Siemens Energy to acquire assets from their water solutions portfolio.
(Source: Pixabay)

Houston/USA – Lummus Technology 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.”

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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.

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