PX Group
PX Group is a private, PE-backed owner-operator that runs 26 strategic energy, chemicals, and industrial assets across the UK, Europe, and North America for blue-chip customers. Its integrated platform combines operations and maintenance, engineering, energy transition, and procurement services around flagship Saltend Chemicals Park.
- Company typePrivate
- Founded1998
- HeadquartersStockton-on-tees, United Kingdom
- Headcount251–500
- GTM typeB2B
- OfferingServices
PX Group firmographics
Firmographics- Name
- PX Group
- Legal name
- px Limited
- Website
- https://pxlimited.com
- Company type
- Private
- Founded year
- 1998
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- PX Group is a private, PE-backed owner-operator that runs 26 strategic energy, chemicals, and industrial assets across the UK, Europe, and North America for blue-chip customers. Its integrated platform combines operations and maintenance, engineering, energy transition, and procurement services around flagship Saltend Chemicals Park.
- Ownership category
- akta.pro rank
PX Group industry classification
Industry- Product category
- Industrial Asset Management Services
- NAICS
- Management of Companies and Enterprises (551), Mining and Oil and Gas Field Machinery Manufacturing (33313)
- SIC
- Misc Industrial & Commercial Machinery & Equipment (3590), Industrial Instruments For Measurement, Display, And Control (3823), Oil & Gas Field Machinery & Equipment (3533)
- akta.pro primary industry
- Asset & Lifecycle Management (CapEx Planning, Reliability) (BPABAAAI)
- akta.pro secondary industry
- Safety, Monitoring & Compliance for PtX Storage (Leak Detection, Hazard Mgmt, Standards) (EUAFAFAJ)
Keywords
Where PX Group is headquartered
LocationHeadquarters
- HQ city
- Stockton-on-tees
- HQ country
- United Kingdom
- HQ region
- Europe
Offices12 records
Markets served
PX Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales
Revenue model
- Operations and Maintenance Contracts: Long-term O&M contracts managing complex energy and industrial assets on behalf of customers, providing recurring revenue from facility management, safety compliance, and operational excellence services.
- Engineering and Project Services: Specialist engineering services for asset development, modification, and optimisation across gas processing, hydrogen, and SAF infrastructure projects.
- Energy Transition Solutions: Delivery of energy solutions including green hydrogen production, biomass, and sustainable aviation fuel as part of the energy transition strategy, creating new revenue streams from emerging clean energy markets.
- Procurement Services: Integrated procurement services for industrial operations, providing supply chain management and procurement expertise as part of integrated asset management contracts.
Go-to-market motion3 records
Distribution channels3 records
Marketing channels5 records
PX Group product offering
Product offeringCore offering
PX Group is a fully integrated infrastructure solutions business that operates, manages, and maintains complex energy and industrial assets on behalf of blue-chip clients. Its service portfolio includes Operations & Maintenance (O&M), Engineering Projects & Consultancy, Energy Solutions (decarbonisation and optimisation), Procurement, and ownership/operation of the flagship Saltend Chemicals Park. The company also delivers specialist capabilities in hydrogen engineering (via LIFTE H2) and materials handling (via px fairport).
Product overview
PX Group operates as an integrated industrial services company offering a portfolio of interconnected services centered around operations and maintenance of energy-intensive industrial facilities. The core offering is Operations & Maintenance (O&M) services, which is complemented by px Engineering (including acquired brand LIFTE H2 for hydrogen engineering and px Fairport for materials handling), Energy Solutions (covering decarbonization, optimization, and energy supply), and Procurement services. The company also owns and operates the Saltend Chemicals Park, a major industrial facility providing integrated infrastructure to multiple tenants. This platform-plus-services model allows PX Group to deliver comprehensive asset management from engineering design through to ongoing operations and energy optimization.
Differentiator
Problem solved
Functional benefit
Brands
- px Energy Solutions: Energy as a service, decarbonization, optimization, and energy supply & offtake services
- px fairport
- px Engineering
- px Americas
Products and services
- Operations & Maintenance Comprehensive operations and maintenance services for industrial facilities, including asset management, performance optimisation, safety compliance, and operational excellence programs delivered to enterprise energy and chemical clients under long-term contracts.
- Engineering, Projects and Consultancy (px Engineering) Engineering services covering project design, construction management, and technical consultancy for industrial and energy transition projects, including offices in Teesside, Humber, North West and Stavanger.
- Saltend Chemicals Park A large-scale industrial park owned and operated by px Group on the bank of the River Humber, providing integrated infrastructure for chemical and energy companies with shared utilities, logistics, and services. Produces approximately 2 million tonnes of chemicals annually and employs over 1,000 people.
- Energy Solutions (px Energy Solutions) Integrated energy services including energy optimisation, decarbonisation consulting, energy supply and offtake arrangements, and energy-as-a-service offerings for industrial clients seeking net-zero pathways.
- Procurement Strategic procurement services providing sourcing, supplier management, and supply chain optimisation for industrial and energy sector clients, delivered as part of integrated asset management contracts.
- px Fairport Materials handling and plant process specialist offering engineering and operational services for bulk materials handling, storage, and logistics across mining, quarrying, cement, biomass, alternative fuels, waste-to-energy and food sectors.
- LIFTE H2 Hydrogen engineering specialist providing design, engineering, and project delivery services for hydrogen production, storage, and distribution infrastructure to support decarbonisation of customer operations across Europe.
Quantifiable outcome
- 29 consecutive ROSPA Gold Awards for health and safety
- +3 more outcomes
Companies that use PX Group
Customer profileNamed customers10 records
Segments1 record
Ideal customer profiles2 records
PX Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
PX Group partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and flagship.
- LIFTE H2corePX Group acquired LIFTE H2, a hydrogen engineering specialist company, in April 2024. This acquisition significantly enhances PX Group's proprietary hydrogen engineering capabilities, adding specialist expertise in hydrogen infrastructure development to support the company's energy transition strategy. The acquisition aligns with PX Group's growth ambitions in the hydrogen sector.
- HYDS (Hydrogen Solutions)coreHYDS is a Norwegian company specialising in green hydrogen production plants. The partnership enables PX Group to offer green hydrogen production plant design and delivery capabilities, combining HYDS's Norwegian hydrogen expertise with PX Group's UK and European asset operations platform. This partnership is central to PX Group's energy transition strategy and decarbonisation solutions.
- Associated British Ports (ABP)coreAssociated British Ports (ABP) is the UK's largest ports operator. PX Group has partnered with ABP for the development of the Port of Barry Clean Growth Hub. This strategic partnership combines ABP's port infrastructure capabilities with PX Group's specialist asset operations expertise to create industrial decarbonisation and clean growth opportunities at the Port of Barry.
- EquinorflagshipEquinor is the operator of the H2H Saltend project at the Saltend Chemicals Park, where PX Group is the site operator and asset manager. This is PX Group's flagship hydrogen partnership, involving the development of a large-scale blue hydrogen production facility as part of the UK's East Coast Cluster for carbon capture and hydrogen. PX Group's role as site operator is central to the project's delivery.
Scale indicators6 records
Recent moves9 records
Expansion highlights6 records
PX Group competitors and assessment
Company assessmentDirect peers
- Petrofac: Integrated energy services and O&M provider for oil & gas, refining, and petrochemical assets with established North Sea and Middle East operations. Comparable through long-term operations contracts and energy transition project development.
- Bilfinger: Europe-based industrial services group providing operations, maintenance, and engineering across energy, chemicals, and process industries. Closest listed comp to PX Group's owner-operator model serving blue-chip process industry clients across multiple European geographies.
- Worley: Global energy, chemicals, and resources project services and O&M provider. Comparable through its energy transition advisory, hydrogen and SAF project delivery, and long-term operations contracts with major oil & gas and chemical operators.
- Stork (Acuren): Industrial asset integrity, maintenance, and modification services primarily in oil & gas, chemicals, and power. Directly overlaps with PX Group's high-hazard asset operations and asset integrity service lines in the UK and Northwest Europe.
Others
- Air Products (hydrogen/megaproject): Global industrial gases and hydrogen mega-project developer. Less of a direct O&M competitor and more of a customer/partner archetype in the build-out of UK hydrogen infrastructure that PX Group's LIFTE H2 and HYDS partnership supports.
- Equinor (asset services arm): Lead partner on the flagship H2H Saltend blue hydrogen project and historic FTSE 100 operator contracting PX Group for asset operations. Important counterparty/partner rather than peer, but representative of the type of integrated energy major that increasingly outsources operations to specialists like PX Group.
- INEOS Energy / INEOS Upstream Services: Major PX Group customer and partner in chemicals and energy. While not a direct competitor, INEOS Upstream Services (former employer of CEO Geoff Holmes) and related INEOS operating businesses sit at the customer side of PX Group's specialist asset operations proposition.
Broad incumbents
- KBR Sustainable Technology Solutions: Global engineering, procurement, and government services firm with energy transition projects (hydrogen, ammonia, SAF). Comparable to PX Group's hydrogen engineering build-out via LIFTE H2 and expansion into energy transition EPC.
- Sulzer: Global industrial engineering and services company with a strong service business supporting pumps, rotating equipment, and process machinery in chemical, energy, and power customers. Adjacent to PX Group's engineering and rotating-equipment maintenance capabilities.
- Veolia UK Industrial Solutions: Large industrial services and environmental solutions group with significant UK footprint including chemicals park, utilities, and waste/waste-to-energy services. Overlaps with PX Group's Saltend-style multi-tenant industrial site management and energy transition offerings.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
PX Group social profiles
Digital presencePX Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
PX Group leadership team
Management profileNumber of profiles
Profiles14 records
PX Group subsidiaries and ownership
Company hierarchySubsidiaries6 records
PX Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PX Group M&A and investment
M&A and investmentM&A4 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PX Group
What does PX Group do?
PX Group is a fully integrated infrastructure solutions business that operates, manages, and maintains complex energy and industrial assets on behalf of blue-chip clients. Its service portfolio includes Operations & Maintenance (O&M), Engineering Projects & Consultancy, Energy Solutions (decarbonisation and optimisation), Procurement, and ownership/operation of the flagship Saltend Chemicals Park. The company also delivers specialist capabilities in hydrogen engineering (via LIFTE H2) and materials handling (via px fairport).
Is PX Group a public or private company?
PX Group is a private company. It is classified as private equity controlled and is currently operating.
When was PX Group founded?
PX Group was founded in 1998. It employs 251 to 500 people.
Where is PX Group based?
PX Group is headquartered in Stockton-on-tees, United Kingdom, in the Europe region.
How does PX Group make money?
Four revenue lines are on record. Operations and Maintenance Contracts are the primary driver. The others are engineering and Project Services, energy Transition Solutions and procurement Services.
Who are PX Group's main competitors?
Direct peers on record are Petrofac, Bilfinger, Worley and Stork (Acuren). Others are Air Products (hydrogen/megaproject), Equinor (asset services arm) and INEOS Energy / INEOS Upstream Services. Broad incumbents are KBR Sustainable Technology Solutions, Sulzer and Veolia UK Industrial Solutions.
Does PX Group have an API?
No public API is recorded for PX Group.
What industry is PX Group in?
PX Group's product category is Industrial Asset Management Services. Its primary akta.pro industry code is BPABAAAI, Asset & Lifecycle Management (CapEx Planning, Reliability), with a secondary code of EUAFAFAJ, Safety, Monitoring & Compliance for PtX Storage (Leak Detection, Hazard Mgmt, Standards). Its NAICS code is 551 and its SIC code is 3590.