If you take a look at some of the new LNG (liquefied natural gas) export projects in the US over the next year, chances are Chart Industries played a significant part in what you see. Chart has positioned itself firmly in the clean energy and fuels space with hydrogen and LNG playing big roles behind the cryogenic equipment manufacturer’s prediction of a record-breaking year in 2022, with a sales outlook expected to be in the range of $1.60 billion to $1.70 billion.
For the LNG market, Chart manufactures brazed aluminum heat exchangers (BAHX), over the road vehicle tanks, ISO containers, LNG/LCNG fueling stations, small scale LNG and big LNG terminals, regas, and repair and service/installation (or field service/lifecycle). Chart, with major facilities in New Prague (Minnesota) as well as Czech Republic, Italy, China and India, saw strong demand for LNG vehicle tanks, fueling stations and trailers continue through the first half of 2021, while the US-based company expects more business from big LNG projects in 2022.
Plenty is going on in LNG right now, from LNG-by-rail to progression of new export projects. With our November issue focusing on LNG and clean fuels, this was a good time to check in with Jill Evanko, Chart CEO and President, to discuss the LNG landscape and what sort of growth she expects from LNG versus hydrogen.
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