Chart acquires LA Turbine


Chart Industries has acquired LA Turbine (LAT) for $80m in cash, which Chart CEO Jill Evanko says will lead to ’significantly shorter and guaranteed delivery times’ of hydrogen and helium liquefaction turboexpanders.

California-based LA Turbine provides turboexpander design, engineering, manufacturing, assembly and testing process for new and aftermarket equipment. Expanders are used in hydrogen and helium liquefaction; carbon capture and energy storage; industrial gas; natural gas processing; small-scale LNG plants; propane dehydrogenation (PDH) plants and heavy hydrocarbon removal process for LNG plants.

“We now can offer a more comprehensive ‘one stop shop’ solution and provide more options for our customers in these applications,” Chart said in a statement.

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

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.

Please wait...