How Chart’s purchase of Howden will propel hydrogen and drive Net Zero
Business in the hydrogen space has never been as demanding for Chart Industries as it is today. That’s because there is so much going on – and so much now to do.
The company’s ever-rising hydrogen orders, paired with this year’s $4.4bn acquisition of UK-based Howden, has laid a strong foundation for the US cryogenic equipment manufacturer.
What are the numbers that capture things? Well, with the company’s 58 years of hydrogen-related experience, 2020 saw its hydrogen-related orders total $38m. But in 2021 the floodgates really opened. In that pandemic-hit year, the company’s hydrogen-related orders still climbed to $282m. And this number was then achieved again in just the first nine months of 2022, with more to come.
... to continue reading you must be subscribed
Subscribe Today
To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.
