Chart Industries, Inc. has raised its base pricing by 3 to 6% for most of its industrial gas products effective for orders placed on or after 1st February 1, 2021
Chart, the US-based cryogenic equipment manufacturer which completed the listing of its common stock on the New York Stock Exchange also on 1st February, said in a statement, “This increase is in response to the escalation in product costs in a year where supply chains have been disrupted and productivity efficiency has suffered. Recent increases in operational costs attributed to raw materials, energy and healthcare.”
Chart’s product portfolio is used in every phase of the liquid gas supply chain, including upfront engineering, service and repair. Chart designs and manufactures cryogenic equipment and systems for delivery, storage and end-use of industrial gases. Its products include bulk tanks, microbulk, liquid cylinders, laser gas systems, ISO containers, transport trailers, vaporisers, heat exchangers and dosers.
Chart’s engineered systems are employed in the separation, delivery, storage and end-use of liquid gases including nitrogen, oxygen, carbon dioxide, argon, helium, and hydrogen.