Chart Industries Announces LNG Awards
December 28 2023 - 8:30AM
Chart Industries, Inc. (NYSE: GTLS), a leading global engineering
design firm and manufacturer of highly engineered equipment
servicing multiple applications in clean energy and industrial gas
markets announces the recent receipt of multiple LNG-related
awards, including:
- IPSMR® liquefaction technology for two modular trains of a
multi-train international Big LNG project (this project is not
related to the international Big LNG IPSMR® project that was
referenced in our third quarter 2023 press release which is
expected to be added to backlog approximately one year from
now);
- IPSMR® liquefaction technology for a mid-scale plant in Asia
Pacific;
- North American small-scale LNG nitrogen cycle technology and
associated equipment;
- Various LNG infrastructure related orders, including tanks,
fueling stations in Europe, and Morocco’s first LNG regasification
units;
- Repair and service work at a Middle East LNG project.
“As anticipated, we continue to see strong market and award
activity across the four pillars of our LNG strategy, including Big
LNG, small scale and floating LNG, infrastructure, and service
& repair,” stated Jill Evanko, Chart’s CEO and President. “Not
only do our recent orders cover all four LNG categories, but they
include commercial synergy wins with both Chart and Howden content.
Further, our LNG commercial pipeline remains strong as we see a
clear shift in customers’ preference for our modular solution which
drives multiple awards across many years as projects are
developed.”
About Chart Industries, Inc.
Chart Industries, Inc. is an independent global
leader in the design, engineering, and manufacturing of process
technologies and equipment for gas and liquid molecule handling for
the Nexus of Clean™ - clean power, clean water, clean food, and
clean industrials, regardless of molecule. The company’s unique
product and solution portfolio across stationary and rotating
equipment is used in every phase of the liquid gas supply chain,
including engineering, service and repair and from installation to
preventive maintenance and digital monitoring. Chart is a leading
provider of technology, equipment and services related to liquefied
natural gas, hydrogen, biogas and CO2 capture amongst other
applications. Chart is committed to excellence in environmental,
social and corporate governance (ESG) issues both for its company
as well as its customers. With 64 global manufacturing locations
and over 50 service centers from the United States to Asia,
Australia, India, Europe and South America, the company maintains
accountability and transparency to its team members, suppliers,
customers and communities. To learn more, visit
www.chartindustries.com.
Investor Contact:John WalshVP, Investor Relations770-721-8899
john.walsh@chartindustries.com
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