Business Standard

Lummus Tech, TCG Digital form JV offering digital solutions to energy firms

While the joint venture will explore the market in India where it expects substantial growth, it will also start its operations in the US, Middle-East, and Europe immediately

joint venture, mergers
Premium

The joint venture will work with refining, petrochemical, and gas processing operators to provide big data, advanced analytics, artificial intelligence, process simulations and proprietary know-how. | Representative Image

Ishita Ayan Dutt Kolkata
Lummus Technology and TCG Digital announced on Wednesday that they have entered into a strategic joint venture to form Lummus Digital. 

The joint venture will work with refining, petrochemical, and gas processing operators to provide big data, advanced analytics, artificial intelligence, process simulations and proprietary know-how. While it will explore the market in India where it expects substantial growth, it will also start its operations in the US, Middle-East, and Europe immediately. 

Commenting, Purnendu Chatterjee, founder chairman of The Chatterjee Group, said, “Our focus on innovation continues with this joint venture.” 

“We strive to deliver sustainable value to our esteemed clients with modern

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 18 2020 | 2:20 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com