Lummus Technology, a global provider of process technologies and value-driven technology solutions, announced that its board of directors has appointed Mr. Atanas H. Atanasov to serve as the company’s Executive Vice President and Chief Financial Officer (CFO), said the company.
In this role, Mr. Atanasov will have responsibility for Lummus’ financial management, accounting, reporting, audit, tax and treasury functions. Mr. Atanasov will assume the Chief Financial Officer role from Mr. John Albanese who is stepping down as CFO but will remain with Lummus for another 18 months to support several of the company’s strategic projects.
"We are very excited to welcome Atanas to Lummus,” said Leon de Bruyn, President and Chief Executive Officer of Lummus Technology. “Atanas brings to Lummus over 25 years of disciplined financial leadership experience with proven expertise in accounting, tax, financial planning and analysis, banking and capital markets. That, along with his chemical and energy-related experience, will prove valuable in driving growth and delivering value to Lummus’ customers, employees, partners and shareholders."
Mr. de Bruyn also noted the contributions of Mr. Albanese. “John has dedicated his entire career to Lummus, leaving a positive and long-lasting impact. He established the strong financial foundation we have in place today, which positions Lummus for success in the future."
Mr. Atanasov joins Lummus after previously serving as Executive Vice President, CFO and Treasurer of Kraton Corporation, a leading global sustainable producer of specialty polymers and high-value biobased products. Prior to Kraton, he was CFO of Empire Petroleum Partners, LLC and CFO of NGL Energy Partners. He also spent nine years with GE Capital in various finance roles of increasing importance and responsibility.
Mr. Atanasov holds a Master of Business Administration from the Collins College of Business at the University of Tulsa and a Bachelor of Science in Accounting, graduating Summa Cum Laude, from Oral Roberts University. He is also a certified public accountant.
Lummus Technology is the global leader in developing process technologies that make modern life possible and focus on a more sustainable, low carbon future. Lummus is a master licensor of clean energy, petrochemical, refining, gas processing and renewable technologies, and a supplier of catalysts, proprietary equipment, digitalization and related lifecycle services to customers worldwide.
Lummus Technology's Green Circle and Chevron Lummus Global (CLG)
have announced the integration of multiple technologies from their portfolios for application in the circular economy.
As per
MRC, Lummus Technology will supply 14 cracking furnaces for a Gas Chemical Complex that is part of the Ethane-rich Gas Processing Complex (GCC EGPC) located near Ust-Luga, Leningrad Oblast, Russia, on the Gulf of Finland.
Lummus Technology
has been awarded a contract by Enter Engineering Pte. Ltd. for the Shurtan Gas Chemical Complex in Uzbekistan. Lummus’ scope includes the design and supply of four proprietary Short Residence Time (SRT) VI and VII type cracking furnaces, which will more than double the production of ethylene at Shurtan’s facility.
mrchub.com