The two companies will work together to accelerate the transition to a zero-emission future by helping companies in energy-intensive industrial sectors, such as the chemical, steel, cement and paper industries, to reduce carbon emissions from their assets.

Axens, a company of French Group IFP Energies nouvelles (IFPEN), is a worldwide group providing a complete range of solutions for the conversion of oil and biomass to cleaner fuels, the production and purification of major petrochemical intermediates, the chemical recycling of plastics and all-natural gas treatment and conversion options, also specialised in carbon capture.

Técnicas Reunidas is a leading international engineering company with proven experience in the implementation of the most advanced technologies and in the execution of EPC contracts.