Chart acquires LA Turbine Chart Industries | July 2, 2021

Chart announced the acquisition of L.A. Turbine; a global leader in turboexpander design, engineering, manufacturing, assembly and testing process for new and aftermarket equipment, with significant in-house engineering expertise.

Expanders are utilized in many of the sectors that Chart operates in and adding them to our portfolio means we can offer a more comprehensive 'one stop shop' solution and provide more options for our customers in applications such as:

  • Hydrogen & helium liquefaction
  • Carbon capture and energy storage
  • Industrial gas
  • Natural gas processing
  • Small-scale LNG plants
  • Propane dehydrogenation (PDH) plants
  • Heavy hydrocarbon removal process for LNG plants
  • Petrochemical
'It is an exciting time for Chart and L.A. Turbine as we now work together to bring our customers expanded solutions across multiple molecules, including nearly all types of energy sources and multiple industrial gas applications,' stated Jill Evanko, Chart's CEO and President. 'L.A. Turbine is one of the only turboexpander engineering and manufacturing companies that can design and produce very specialized expanders; one of the longest lead time items in the hydrogen and helium liquefaction supply chain. With this capability in house, we are further differentiated in liquefaction - not just from decades of experience but also from world class efficiency and now, significantly shorter and guaranteed delivery times.'

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Chart Industries Inc. published this content on 02 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 July 2021 15:09:07 UTC.