Technip Energies acquires process technology leader Processium

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In France, Technip Energies has acquired Processium, a leader in process development with laboratory and piloting facilities located in Lyon.

The deal will help Technip accelerate the development of new processes and technologies by adding specific competencies in reactor design, scale-up, downstream purification and processing know-how.

 “We are very excited by this opportunity to leverage talent and expertise from Processium,” Wei Cai, Chief Technology Officer of Technip Energies said in a press statement. “In close collaboration with our existing technology centers, this acquisition will enhance our capabilities to develop proprietary technologies in the dynamic sustainable chemicals industry.”