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Chart Industries Awarded Four Hydrogen and Small-Scale LNG Liquefaction Orders Totaling Over $120 Million

12/29/2021

Press Release - Chart Industries

Chart Industries, Inc., a leading diversified global manufacturer of highly engineered equipment for the industrial gas and clean energy industries, was awarded over $120 million of orders for four liquefaction projects, with four different customers over the past week. Additionally, this past week we 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 our 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 our 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.

“We are pleased that our hydrogen and LNG liquefaction process technology and equipment capabilities are recognized and utilized globally and across industries,” stated Jill Evanko, Chart’s CEO and President. “We view this past week’s awards and overall continued broad-based demand as strong indicators that the energy transition is accelerating. These orders give further support to our previously announced 2022 outlook.”