Chart increases bulk storage equipment prices


Chart Industries distribution and storage group announced it will adjust its base prices for bulk cryogenic storage equipment. The average increase is two per cent, effective from 1 October 2005.

Tom Carey, president of Chart’s distribution and storage group, said: “Despite published reports about the softening of market pricing for commodity steel products, the reality for Chart is that base pricing for the custom alloys and sizes required for cryogenic bulk tanks remains at extremely high levels.

“Concurrently, energy related and transportation costs for our raw materials and production facilities continue to increase.

“The primary driver of the surcharge component of our pricing is the cost of raw nickel, which continues to operate at historic high levels in general. As a result, our surcharges will remain as previously published.

... 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...