By Stuart Radnedge2012-07-09T16:39:00+01:00
Chart Industries plans to invest approximately $23 million to acquire property and build a new facility adjacent to its existing facility in New Prague, Minnesota.
The company expects that the new facility will be ready to fulfil customer orders by the second quarter of 2013. The expansion involves increasing manufacturing capacity for LNG equipment to meet the growing demand in North America.
After recently adding to our capacity with a new facility in Owatonna, Minnesota, we are again expanding to meet demand,” stated Tom Carey, President of Chart D&S.
“We continue to see clear signs of a substantial LNG infrastructure build-out in North America, and we are committed to serve this rapid growth for equipment for applications such as LNG fueling stations, transportation and remote power generation.”
“At the same time, we have an established commitment to supply industrial gas customers and our expansion plan is predicated upon continued servicing of our historic customer base. This new capacity will help us meet the significant LNG customer demand we are experiencing today and expect to continue as the marketplace takes advantage of abundant supplies of clean burning natural gas in North America,” Carey continued.
Described as ideal for a number of industries and applications, a new Gas Monitoring Video from General Monitors explains the gas detection principles behind the company’s PA4000 Photoacoustic Gas Monitor and its application across a wide range of hazardous environments.
High-concentrating photovoltaics will register a 31% compound annual growth rate to reach an installed capacity of 697mw – says Lux Research.
Houston, Texas, based Thigpen Energy has selected Chart for the provision of LNG fueling equipment and supplies – with construction already underway. Earlier this week it was announced that the company’s eastern European outfit, Chart Ferox, was chosen to construct LNG filling station in Poland.
Month on month the gasworld website continues to be the primary portal for information, on a global scale, about our industry - be it through the provision of news and features, or information in the expansive company directory section. Launched in 2004, it is the only independent online news provider and information portal for the global industrial gas community and the larger end-user markets. The website also now incorporates news for gasworld US and Specialty Gas Report.
To find out more about gasworld's advertising opportunities click here.