Chart Industries, Inc. and C.A.T. Group (C.A.T.") have signed a Memorandum of Understanding ("MOU") to bring carbon capture solutions to customers in the Middle East and Africa. The MOU focuses on the two companies bringing Chart's carbon capture solutions to their customers in these regions, with special focus on the state-owned companies and energy companies. With the combination of C.A.T. and Chart, customers can be provided with an optimized turn-key solution.

Chart's expertise and ability to provide solutions in various liquefaction and/or refrigeration processes and equipment technologies, carbon capture process technologies (including their Sustainable Energy Solutions, Inc. Cryogenic Carbon Capture(TM) technology), carbon dioxide storage tanks, trailers, vaporizers and other associated equipment couples well with C.A.T. Group's broad customer relationships in the Middle East and Africa as well as their decades-long project prime contractor experience.