Lummus Technology

Lummus Technology is a global technology licensor and supplier for the oil and gas industry. It develops and provides proprietary gas processing, refining, petrochemical, and gasification technologies, along with catalysts, equipment, and related services, helping clients pursue more sustainable and lower-carbon operations.

Atanas Atanasov

CFO and Executive Vice President

Leon de Bruyn

CEO

Galip Guvelioglu

Director of Gas Processing

Ilya Aranovich

Vice President, Corporate Strategy

4 past transactions

Resynergi

Series B in 2025
Resynergi is a company dedicated to addressing the global challenge of waste plastics by developing innovative biorefining technology. It specializes in manufacturing modular, low-emission systems that convert traditionally non-recyclable plastics into environmentally friendly fuels and chemical products. Utilizing a microwave-based technology, Resynergi's systems efficiently transform unrecycled waste plastics into biodiesel and other low carbon-intensity fuels. These systems are designed to be easy to deploy, scalable, and highly cost-effective, making them an attractive solution for clients seeking sustainable alternatives in fuel production. Through its efforts, Resynergi aims to promote a circular economy and reduce the environmental impact of plastic waste.

Advanced Ionics

Venture Round in 2025
Advanced Ionics specializes in developing innovative electrolyzer technology for generating green hydrogen. The company's primary goal is to lower the costs associated with green hydrogen production by leveraging existing industrial infrastructure and minimizing electricity consumption. This approach supports global decarbonization efforts by offering tailored solutions for various industries.

Citroniq

Series A in 2024
Citroniq is at the forefront of the energy transition, producing carbon-negative materials on a large scale. Their platform for the chemical and plastics industries leverages US-produced ethanol and advanced technology to achieve some of the industry’s most cost-effective carbon capture and avoidance values. Citroniq’s E2O process notably reduces greenhouse gas emissions, permanently sequesters carbon into practical plastic pellets, and helps companies meet their greenhouse gas reduction goals.

Resynergi

Series B in 2024
Resynergi is a company dedicated to addressing the global challenge of waste plastics by developing innovative biorefining technology. It specializes in manufacturing modular, low-emission systems that convert traditionally non-recyclable plastics into environmentally friendly fuels and chemical products. Utilizing a microwave-based technology, Resynergi's systems efficiently transform unrecycled waste plastics into biodiesel and other low carbon-intensity fuels. These systems are designed to be easy to deploy, scalable, and highly cost-effective, making them an attractive solution for clients seeking sustainable alternatives in fuel production. Through its efforts, Resynergi aims to promote a circular economy and reduce the environmental impact of plastic waste.
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