Technip Energies Acquires the Analysis and Growth Organization Processium to Speed up on Technological innovation Development for a Net Zero Trajectory

Technip Energies Acquires the Analysis and Growth Organization Processium to Speed up on Technological innovation Development for a Net Zero Trajectory

PARIS, July 03, 2023–(Business enterprise WIRE)–Technip Energies (Paris:TE) (ISIN:NL0014559478) announces the acquisition of Processium, an skilled enterprise in method enhancement, outfitted with laboratory and piloting amenities situated in Lyon, France.

Processium is an industrial advancement spouse building and acquiring following-era procedures to aid the power transition and boost producing competitiveness in the area of sustainable chemical compounds.

With this acquisition, Technip Energies will go after its strategic objective of accelerating the progress of new processes and technologies to satisfy the pressing needs of a rapid-rising market, pushed by sustainability objectives. Technip Energies will reinforce its R&D portfolio and enlarge its company supply, taking benefit from the highly skilled workforce of Processium with distinct competencies in reactor design and scale-up, as effectively as downstream purification and processing know-how.

The modern-day and reliable innovation centre gives process advancement services that accelerate and de-threat new know-how introduction for purchasers ranging from startups to huge industrial firms. The integration with Technip Energies will create exceptional offerings for its clients to help new system improvement and crank out additional price for the two businesses.

Wei Cai, Main Technologies Officer of Technip Energies, commented: “We are extremely thrilled by this chance to leverage talent and know-how from Processium. In shut collaboration with our present technological know-how centers, this acquisition will boost our abilities to build proprietary technologies in the dynamic sustainable chemical compounds business.”

Pascal Rousseaux, Founder and Chief Govt Officer of Processium, commented: “We share the identical vision of marketplace wants and the mixture of our respective strengths will give new choices to guidance our prospects at all stages from principle to industrial alternative. Currently being element of the Technip Energies group will bring a good deal of benefit to our customers. We are incredibly delighted and psyched about the opportunities of collaboration with Technip Energies’ R&D groups.

About Technip Energies

Technip Energies is a leading Engineering & Technological know-how corporation for the energy transition, with management positions in Liquefied Normal Gas (LNG), hydrogen and ethylene as effectively as rising sector positions in blue and inexperienced hydrogen, sustainable chemistry and CO2 management. The business added benefits from its strong project shipping and delivery model supported by considerable technology, merchandise and services giving.

Running in 35 international locations, our 15,000 people are fully committed to bringing our client’s impressive assignments to lifestyle, breaking boundaries to accelerate the energy changeover for a much better tomorrow.

Technip Energies is listed on Euronext Paris with American depositary receipts (“ADRs”) trading in excess of-the-counter in the United States.
For further more info: www.technipenergies.com.

Critical Data for Buyers and Securityholders

Forward-Seeking Statement

This Push Launch incorporates forward-looking statements that reflect Technip Energies’ (the “Enterprise”) intentions, beliefs or current expectations and projections about the Company’s future results of functions, expected revenues, earnings, cashflows, financial problem, liquidity, performance, potential customers, anticipated progress, procedures and options and the markets in which the Firm operates. Ahead-hunting statements are usually discovered by the words and phrases “imagine”, “count on”, “foresee”, “strategy”, “intend”, “foresee”, “ought to”, “would”, “could”, “may perhaps”, “estimate”, “outlook”, and related expressions, together with the unfavorable thereof. The absence of these words and phrases, nevertheless, does not necessarily mean that the statements are not ahead-seeking. These forward-searching statements are primarily based on the Company’s recent expectations, beliefs and assumptions regarding long run developments and company ailments and their probable result on the Organization. When the Organization thinks that these ahead-looking statements are realistic as and when created, there can be no assurance that long term developments affecting the Organization will be these that the Enterprise anticipates.

All of the Company’s ahead-looking statements entail threats and uncertainties, some of which are considerable or past the Company’s handle, and assumptions that could result in precise success to vary materially from the Company’s historic expertise and the Company’s present expectations or projections. Need to a single or additional of these challenges or uncertainties materialize, or really should underlying assumptions verify incorrect, genuine effects may well vary materially from these established forth in the ahead-looking statements.

For info regarding acknowledged substance elements that could trigger true benefits to differ from projected success, make sure you see the Company’s danger elements established forth in the Company’s 2022 Yearly Fiscal report submitted on March 10, 2023, with the Dutch Authority for the Money

Marketplaces (AFM) and the French Autorité des Marchés Financiers which consist of a dialogue of factors that could affect the Company’s potential general performance and the markets in which the Company operates.

Ahead-hunting statements entail inherent pitfalls and uncertainties and communicate only as of the date they are created. The Corporation undertakes no responsibility to and will not necessarily update any of the ahead-searching statements in light-weight of new data or potential situations, besides to the extent needed by relevant law.

See resource version on businesswire.com: https://www.businesswire.com/news/household/20230702034528/en/

Contacts

Trader relations
Phil Lindsay
Vice-President Investor Relations
Tel: +44 20 7585 5051
Electronic mail: Phillip Lindsay

Media relations

Stella Fumey
Director Push Relations & Digital Communications
Tel: +33 (1) 85 67 40 95
E-mail: Stella Fumey

Jason Hyonne
Press Relations & Social Media Guide
Tel: +33 1 47 78 22 89
Electronic mail: Jason Hyonne

Related posts