You are currently viewing: News



11-07-2017

CORYS and RSI join forces to become a key player in dynamic simulation

Two major players in global industrial simulation, CORYS SAS and RSI, have announced a merger of the companies. As of July 10, 2017, the companies will become part of the same group with the full organizational merger to be completed by the end of the year. The headquarters of the combined organization, which will take the name of CORYS SAS, will be in Grenoble, France, where both companies are based. The current CORYS CEO, Ralf Gathmann, will be CEO of the combined company, while the current CEO of RSI, Philippe Vacher, will become Chief Strategy Officer. 

Through this merger, CORYS becomes the largest and most diverse provider of high fidelity, industrial-grade simulation with 350 employees world-wide. The companies have in common highly skilled teams of engineers and scientists and the ability to manage and deliver large, complex technical solutions to demanding customers in locations around the world.

The merger represents a logical consolidation of two companies with complementary skills, experience, and technologies, providing the opportunity for streamlined operations and the advantages of economy of scale.  The size of the combined company will allow for greater investments in promising new technologies and business opportunities.  An added benefit will be the stability provided by increased diversity of revenue sources. This operation contributes to AREVA NP’s global strategy to increase its commercial and operational excellence, while offering innovative solutions and value-added technologies.


“The merger of CORYS and RSI is an ambitious project and achieves our strategic objective to become the global leader in dynamic simulation.  While any merger presents challenges, the similar of cultures of RSI and CORYS will facilitate the process” says Ralf Gathmann, CEO of CORYS. 

“Both organizations provide essential simulation tools to industries with strong safety cultures that demand reliability and accuracy” adds Philippe Vacher, CEO of RSI.  “It is clear that both organizations understand and will complement each other well.”

The combined company will be owned 50% by AREVA NP, 25% by EDF, and 25% by IFP Training, IFP Energies Nouvelles group. 

Sponsor : 

Other News Items

hte and SINOPEC RIPP intensify their collaboration

hte – the high throughput experimentation company announces the successful handover of three high throughput testing systems for advanced catalytic research to ...

22-02-2018

Total, Borealis and NOVA Chemicals to form a petrochemicals JV

Total S.A, Borealis AG and NOVA Chemicals Corporation today announced that affiliates of the three companies have signed definitive agreements to form a joint venture ...

19-02-2018

Grand Bahama to build oil refinery and storage facility

The Bahamas Prime Minister Dr. Hubert Minnis has announced that his government has approved Oban Energies to commence an oil refinery and oil storage facility in Grand ...

17-02-2018

Mammoet awarded contract for Africa’s biggest oil refinery

During a signing ceremony in Lagos on Tuesday, January 16, the Dangote Group of Companies and Mammoet signed the contract for this ambitious project. The new multi-billion-dollar ...

16-02-2018

Saipem receive Duqm refinery E&C contract

Saipem has been awarded a new contract in the onshore E&C sector worth approximately USD 750 million. Work involves engineering, procurement, construction and commissioning ...

15-02-2018

CB&I awarded ethylene plant contract

CB&I today announced it has been awarded a contract valued in excess of $95 million by Samsung Engineering (Thailand) Co. Ltd. for a brownfield ethylene plant at ...

15-02-2018

Emerson and AspenTech form alliance to deliver digital technologies

Emerson and AspenTech announced today they have teamed up to deliver asset optimisation software solutions along with global automation technologies and operational consulting ...

12-02-2018

Exploring future opportunities and challenges for tank terminal operators

The challenges and opportunities faced by tank terminals are changing. The Internet of Things (IoT) and Industry 4.0 (I4.0) offer new ways to increase efficiency and ...

09-02-2018

IIoT and Digital Solutions for Oil & Gas conference gears up for 2nd edition

The Annual IIoT and Digital Solutions for Oil & Gas conference, the international platform for Oil & Gas upstream and downstream producers, EPCs, OFS’ and ...

08-02-2018

Moscow to host worlds largest Petrochemical Conference dedicated to the CIS region

In 2018, Moscow is once again set to host the sixth international CIS Petrochemicals conference which will take place on 11 - 13 April in Four Seasons Hotel.  Over ...

08-02-2018