Raven SR acquires Benicia Fabrication & Machine

Raven SR Inc., a waste-to-renewable-fuels company in Pinedale, Wyo., has acquired Benicia Fabrication & Machine Inc., which will construct several key components of Raven’s Steam/CO₂ Reformer system as the company ramps up to meet increasing demand for green hydrogen and renewable synthetic fuels.

BFM, based in Benicia, Calif., brings extensive experience in producing pressure vessels, heat exchangers, and other operational equipment for the upstream and downstream oil and gas as well as power and utilities sectors. The acquisition by Raven SR extends BFM's engineering and equipment fabrication capabilities into the renewable fuels sector. BFM will fabricate the proprietary reactors of the Raven SR systems to be installed in 2022 for waste-to-energy projects in California and serve Raven's expanding global project pipeline.

BFM will retain its name, and its CEO, Carmelo Santiago, PE, will become vice president of manufacturing at Raven and president of BFM as a wholly owned subsidiary of Raven SR. BFM will also continue to serve its existing customers in the refining and utility sectors.