Partners will combine digital and licensing expertise to accelerate electrification of process furnaces and equipment
Lummus Technology, a global provider of process technologies and value-driven energy solutions, and Ferroman, a transatlantic provider of integrated sustainable solutions, products, and services to the steel and process industries, announced an agreement for digitalization and decarbonization of petrochemical furnace operations and delivery of high-performance static process equipment. Lummus Digital, a joint venture between Lummus Technology and TCG Digital, will also participate in the partnership.
“Lummus and Ferroman are collaborating to meet increasing customer needs for safer, cleaner and more efficient operations,” said Leon de Bruyn, President and Chief Executive Officer of Lummus Technology. “We will apply digital solutions such as real-time process optimization and operator training systems to help our customers electrify their process furnaces. Integrating these digital solutions with our process licenses will bring significant value to our customers and help them reach their sustainability goals.”
“Our vision has for a long time been to become the green transition solution provider through digitalization combined with our electrification and process equipment offering for the steel and process industry,” said Håvard Hansen, Chief Executive Officer of Ferroman. “With this collaboration we have all the capabilities and tools to succeed in our mission. This is a clear and strong sign that we are on the path to success.”
Under the agreement, Lummus and Ferroman will combine technology and domain knowledge to provide their customer base with solutions and services that accelerate digitalization and foster a sustainable future. Lummus Digital will provide performance monitoring, system optimization, performance improvement, and other enterprise-level services.
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