Investors ·
Neste’s NAPCON technology divestment to Lummus Technology completed
Neste Corporation, Press Release, 2 June 2025 at 6 p.m. (EET)
Neste, the world’s leading producer of renewable diesel and sustainable aviation fuel, announced on 23 April 2025 its plan to divest its proprietary technology NAPCON to Lummus Technology. The divestment has now been completed.
NAPCON covers solutions in the field of interactive operator training simulators and game-aided learning systems, real-time process optimization, AI based process predictors and real-time process information gathering, monitoring and analytics. NAPCON products have been continuously developed to meet the high demands in process safety, profitability and competitiveness of production assets.
Neste Corporation
Hanna Maula
Senior Vice President, Communications, Marketing, Sustainability and Public Affairs
Further information: Please contact Neste's media service, tel. +358 800 94025 / media@neste.com (weekdays from 8.30 a.m. to 4.00 p.m. EET). Please subscribe to Neste’s releases at https://www.neste.com/media/subscribe.
Neste in brief
Neste (NESTE, Nasdaq Helsinki) creates solutions for mitigating climate change and accelerating a shift to a circular economy. The company is the world’s leading producer of sustainable aviation fuel (SAF) and renewable diesel, enabling its customers to reduce their greenhouse gas emissions. Neste refines waste, residues and other renewable raw materials to high-quality renewable fuels at its refineries located on three continents. The company’s annual renewable fuels production capacity will be increased to 6.8 million tons in 2027.
Neste has high standards for sustainability and the company has consistently been recognized by several leading sustainability indices. In 2024, Neste's revenue stood at EUR 20.6 billion. Read more: neste.com
Lummus Technology in brief
Lummus Technology is the global leader in developing technology solutions that make modern life possible and focus on a more sustainable, low carbon future. It licences 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.