“With increasing activity related to big LNG and continued order strength across the base business, we are at near record-breaking levels,” said Jill Evanko, Chart’s President and CEO, reflecting on Chart’s Q1 results.
Chart Industries, Inc. has reported results for the first quarter (Q1) ended 31st March (2019).
Q1 orders of $461.2m increased 60% over Q1 of 2018, reflecting an expected ramp in big LNG order activity, and continued strength in all three segments’ base businesses.
Q1 saw Chart finalise long term agreements with two key LNG fuelling system customers for over the road trucking applications, and a Memorandum of Understanding (MOU) with the Indian Oil Corporation Ltd. to develop LNG infrastructure for transport, storage and liquefaction in India.
... to continue reading you must be subscribed
