Chart Industries Receives Four Hydrogen and Small-Scale LNG Liquefaction Orders Totaling over $120 Million This Past Week
December 29, 2021 at 05:00 am EST
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Chart Industries, Inc. was awarded over $120 million of orders for four liquefaction projects, with four different customers over the past week. Additionally, this past week have received releases on engineering work (Limited Notice to Proceed) on two of the big LNG export terminal projects expected to proceed to Final Investment Decision in 2022. Highlights of the four liquefaction project awards include: Hydrogen liquefier: A 15 ton per day (TPD) hydrogen liquefier to be built in North America with a new hydrogen liquefaction customer. This is fourth hydrogen/helium liquefaction order of the year in 2021, with those four orders totaling approximately $150 million, covering three different geographies and three different customers. 60,000 ton BioLNG liquefaction and associated equipment: A BioLNG facility and associated station infrastructure for 20 BioLNG stations with European customer, VERBIO. Utility-scale LNG liquefaction plant: An integrated utility scale liquefaction plant with the first in the nation hybrid (gas/electric) drive with a Northeast United States (U.S.) customer. This next generation liquefaction process further increases efficiency and reduces emissions, meeting the highest standards set in the Northeast U.S. This customer plans to utilize both natural gas and RNG in this long duration energy storage solution meeting reliability and environmental targets. Utility-scale LNG liquefaction plant: A Nitrogen Refrigeration Cycle Liquefaction System at an existing LNG peak shaving facility for use by a regulated United States utility company. Recent upgrades have been made to this facility and Chart is proud to continue that trend by furnishing a new gas turbine compressor, cold box, heavy hydrocarbon removal system, turbo expanders, and other associated equipment.
Chart Industries, Inc. is engaged in designing, 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. Its segments include Cryo Tank Solutions, Heat Transfer Systems, Specialty Products, and Repair Service & Leasing. Its Cryo Tank Solutions segment supplies bulk, microbulk and mobile equipment used in the storage, distribution, vaporization, and application of industrial gases and certain hydrocarbons. Its Heat Transfer Systems segment supplies engineered equipment and systems used in the separation, liquefaction, and purification of hydrocarbon and industrial gases. Its Specialty Products segment supplies products used in specialty end-market applications, including hydrogen, liquid natural gas, biofuels, carbon capture, food and beverage, aerospace, lasers, cannabis and water treatment, among others.