Knm Process Equipment

What Knm Process Equipment does

KNM Group Berhad, operating as KNM Process Equipment, is a Malaysia-headquartered, vertically integrated custom process equipment manufacturer serving the oil and gas, petrochemical, mining, power generation, and renewable energy industries. Founded in 1990 originally as a joint venture with a Dutch machinery firm (Koninklijke Nederlandsche Machinefabriek), the company designs, fabricates, and supplies engineered pressure vessels, heat exchangers, storage tanks, columns, reactor systems, and modular process skids. Manufacturing is conducted across facilities in Malaysia (Melaka, Gebeng, Bintulu), China (Changshu), the UAE (Jebel Ali Free Zone via FBM-KNM FZCO), and Italy (Terno d'Isola via FBM Icoss Srl / FBM Hudson Italiana SpA), with group operations spanning the KNM, BORSIG, and FBM Hudson brands.

The company sells almost exclusively through direct enterprise sales to national oil companies, integrated energy majors, mining operators, and global EPC contractors, with project-based, bespoke contracts dominating revenue. KNM claims 300+ completed projects across 44+ countries and 180+ multinational clients, with 70-80% of output historically exported. Its stated technical differentiators are in-house head forming, in-house post-weld heat treatment, and advanced non-destructive testing (gamma ray radiography, TOFD, PAUT), combined with proprietary validation block fabrication tied to each project's specific metallurgy.

Ownership and corporate status have changed materially: MAA Group Berhad became a substantial shareholder in September 2021 under YM Tunku Dato' Yaacob Khyra, and KNM was delisted from Bursa Malaysia in 2025 following a creditor-approved scheme of arrangement. The group is mid-restructuring, having entered into a €270 million sale agreement for DKNM Group with Japan's NGK and agreed to divest Borsig to another Japanese buyer, both shareholder-approved in 2025. As of January 2026, Datuk David Rashid Bin Ghazalli serves as Group CEO following the resignation of the prior CEO. The company remains operational but has reported multi-year net losses through 2024, indicating significant financial stress alongside the ongoing consolidation.

Name

Knm Process Equipment

Legal name

KNM Group Berhad

Website

https://knm-group.com

Company type

Public

Founded year

1990

Operating status

Operating

Headcount range

101–250 employees

Short description

KNM Group Berhad is a Malaysia-based custom process equipment manufacturer serving global oil and gas, petrochemical, mining, and power generation customers via direct enterprise project sales. Founded 1990, now private under MAA Group ownership following 2025 Bursa Malaysia delisting.

Ownership category

akta.pro rank

Product category

Industrial Process Equipment Manufacturing

NAICS

Power Boiler and Heat Exchanger Manufacturing (332410), Oil and Gas Field Machinery and Equipment Manufacturing (333132)

SIC

Industrial Process Furnaces & Ovens (3567), Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

Hoses, Tubing & Fittings (Hydraulic/Pneumatic Lines & Connectors) (IMAHAGAH)

akta.pro secondary industries

Pneumatic Components (FRLs, Cylinders, Valves) (IMAHAGAC), Construction Management & General Contracting (EPCM, Scheduling, QA/QC, HSE) (EUAMAFAJ)

Keywords

• Process equipment fabrication
• Pressure vessels manufacturing
• Heat exchangers
• EPCC services
• Oil and gas equipment

Headquarters

HQ city

Tofield

HQ country

Canada

HQ region

North America

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Infrastructure

Revenue model

1. Custom Process Equipment Manufacturing: Fabrication and supply of custom pressure vessels, heat exchangers, storage tanks, columns, and other process equipment for oil and gas, petrochemical, mining, and power generation projects. Revenue is project-based and typically earned through EPC contracts and direct equipment supply agreements.
2. Engineering, Procurement, Construction & Commissioning (EPCC): Full project lifecycle services including design, procurement, fabrication, construction, and commissioning of process plants and facilities.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

KNM designs, engineers, manufactures and constructs custom process equipment — pressure vessels, heat exchangers, storage tanks, columns, reactors, flare stacks and modular process systems — for the oil and gas, petrochemical, fertiliser, mining, power generation and renewable/waste-to-energy industries, alongside full EPCC (engineering, procurement, construction and commissioning) project services.

Product overview

KNM Group is a diversified multinational industrial group providing end-to-end processing equipment and custom-engineered process systems solutions. The company operates under three main brands: KNM (primary brand), BORSIG (industrial boiler systems), and FBM Hudson (Italian-based process equipment including FBM Icoss). The product portfolio spans multiple industry segments including oil and gas refineries (reformers, HDS reactors, distillation columns, flare stacks), petrochemicals plants (fractionators, heat exchangers, absorbers, strippers), fertiliser plants (CO2 strippers, shift converters, reactors), mining plants (autoclaves, flash vessels, digestion tanks), upstream and FPSO platforms (separators, scrubbers, glycol systems), power generation and renewable/waste-to-energy (HRSG, plasma gasifiers, fuel gas ducting), and storage facilities (LPG spheres, mounded bullets, storage tanks). KNM provides both individual equipment and complete modular process systems with total vertical integration including in-house head forming, post-weld heat treatment, and advanced quality assurance using TOFD, PAUT, and gamma ray radiographic testing.

Differentiator

Problem solved

Functional benefit

Brands

• BORSIG: Renowned brand for process equipment and systems, particularly boiler systems and heat recovery steam generators.
• FBM Hudson

Products and services

• Oil and Gas Refinery Equipment Custom refinery process equipment including reformer reactors, HDS reactors, syngas effluent coolers, splitter columns, absorber columns, vacuum towers, naphtha towers, flare stacks and sphere tanks, for downstream oil and gas refineries.
• Petrochemicals Plant Equipment Process equipment for petrochemical production including mercury absorbers, fractionators, crude oil electrostatic desalters, shell & tube heat exchangers, reboiler bundles, CO2 absorbers, stabilizers and strippers.
• Fertiliser Plant Equipment Equipment for fertiliser manufacturing including CO2 strippers, desulphurisation reactors, HP & LP flash columns, HT shift converters, hydrogenation reactors and methanator effluent separators.
• Mining Plant Equipment Mineral processing equipment including autoclaves, digestion blow-down tanks, flash vessels and slurry heater vessels for nickel, alumina and other metal processing operations.
• Upstream and FPSO Equipment Offshore and upstream equipment including HP separators, desalters, suction scrubbers, air coolers, discharge separators, glycol contactors, glycol regeneration skids, inlet separators and slug receivers for FPSO units and platforms.
• Power Generation, Renewable and Waste-to-Energy Equipment Equipment for power and renewable energy plants including fuel gas ducting, particulate control device (PCD) filter vessels, plasma gasifiers and HRSG steam generation systems.
• Storage Facilities Equipment Storage equipment including agglomerator & precipitator tanks, geodesic dome roof tanks, horizontal mounded bullets, LPG spheres, solution storage tanks, general storage tanks and washers for LPG, LNG and chemical storage terminals.
• Engineering, Procurement, Construction & Commissioning (EPCC) Full project lifecycle services covering design, procurement, fabrication, construction and commissioning of process plants and facilities for enterprise energy and industrial customers.
• BORSIG Renowned brand under KNM Group for industrial boiler systems, heat recovery steam generators and processing equipment.
• FBM Hudson Italian-based brand (FBM Hudson Italiana SpA) offering process equipment and heat transfer technology solutions, including FBM Icoss Srl, for the oil, gas and petrochemical industries.

Quantifiable outcome

• 413 total equipment delivered for PETRONAS RAPID Pengerang Project including 264 pressure vessels and 126 heat transfer units
• +3 more outcomes

Named customers12 records

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered core and historical.

• FBM-Hudson Italiana SpAcoreStrategic or Co-development Partner · 1 January 2006Acquired 100% equity in FBM-Hudson Italiana, Italy in 2006 - part of the FBM Hudson brand with extensive industry heritage.
• Hitachi Zosen CorporationcoreStrategic or Co-development PartnerSHK Consortium joint venture between Hitachi Zosen Corporation (Japan) and KNM Process Systems Sdn Bhd for Cypark Smart WTE Project - Engineering, Procurement, Construction & Commissioning of Waste-To-Energy Facility in Malaysia.
• Koninklijke Nederlandsche MachinefabriekhistoricalOthersOriginal Dutch partner from which KNM originated. The company was named after this Dutch manufacturer (Royal Machinery Company of Netherlands) founded in 1872. Original joint venture partner in 1990 that sold its stake in 1995.
• Inter Merger Sdn BhdhistoricalStrategic or Co-development PartnerJoint venture partner in founding KNM Steel Construction Sdn Bhd in 1990 along with Koninklijke Nederlandsche Machinefabriek. Acquired full stake in 1995.

Scale indicators7 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Hitachi Zosen Corporation: Japanese engineering group specializing in process equipment, industrial machinery, and EPC for environmental, energy, and industrial plants. KNM's existing SHK Consortium JV partner for the Cypark Smart WTE project, with directly overlapping capabilities in pressure vessels, waste-to-energy systems, and large-scale EPC.
• CIMC Enric: Chinese manufacturer of pressure vessels, storage tanks, and process equipment serving energy, chemical, and clean energy end markets. Directly competes with KNM on custom-fabricated pressure vessels and heat exchangers, particularly in petrochemical and LNG applications across Asia.
• Chart Industries: US-based manufacturer of cryogenic and process equipment including heat exchangers, cold boxes, and storage vessels for LNG, petrochemical, and industrial gas applications. Directly comparable in pressure vessel and heat exchanger manufacturing with strong EPC contractor relationships.
• Holtec International: US manufacturer of pressure vessels, heat exchangers, and specialized equipment for nuclear, fossil, and petrochemical power generation. Directly competes in custom heavy fabrication with comparable technical qualifications and similar end-market exposure.
• Babcock Power (subsidiary of GE Vernova): US-based supplier of boiler and HRSG technology to the power generation industry, historically aligned with the BORSIG brand that KNM is divesting. Closely comparable in boiler systems, heat recovery steam generators, and emissions-control equipment for utility and waste-to-energy plants.

Broad incumbents

• Linde Engineering: Division of Linde plc offering EPC services, process plants, and proprietary equipment for hydrogen, air separation, and petrochemical industries. Comparable to KNM's EPCC offering but with broader scope including proprietary process technologies and a much larger global footprint.
• MAN Energy Solutions: German manufacturer of large-bore diesel engines, turbomachinery, and process equipment including heat exchangers and pressure vessels for energy, marine, and industrial applications. Overlaps with KNM's process equipment portfolio but operates at much larger scale and broader scope.
• Petrofac: UK-headquartered EPC contractor serving oil & gas, refining, and petrochemical projects globally with major operations in the Middle East. Comparable to KNM's EPCC services but with broader scope including offshore, asset management, and a much larger revenue base.
• Mitsubishi Heavy Industries: Large Japanese industrial conglomerate with extensive process equipment, EPC, and power generation capabilities including compressors, turbines, and pressure vessels. Much larger and more diversified than KNM but overlaps meaningfully in petrochemical and power EPC.
• Sumitomo Heavy Industries: Japanese diversified industrial manufacturer with process equipment, power transmission, and industrial machinery divisions. Comparable to KNM in custom industrial equipment fabrication with similar end-market exposure in petrochemicals and power generation, though at broader scale.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/knm-process-equipment-inc

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Knm Process Equipment