GTLS
- Chart Industries, Inc.
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Overview
Company Summary
Chart Industries, Inc. (GTLS) is a leading global manufacturer of equipment used in the production, storage, and distribution of liquefied natural gas (LNG), industrial gases, and clean energy solutions. The company operates across multiple segments and provides essential products and services to various industries, including energy, healthcare, and transportation.
One of Chart Industries' primary areas of expertise is the LNG market, where they design, engineer, and manufacture equipment to liquefy and distribute natural gas. LNG is increasingly becoming a preferred fuel due to its lower carbon emissions compared to traditional fossil fuels, and Chart supports this transition by providing advanced technologies and equipment to LNG producers and distributors worldwide.
The company's Energy & Chemicals segment offers a range of solutions for cryogenic storage and transportation of gases used in various industrial processes. Chart provides innovative products such as cryogenic storage tanks, heat exchangers, and trailer-mounted equipment that enable safe and efficient handling of gases like nitrogen, oxygen, hydrogen, and more.
In addition to their presence in the energy sector, Chart Industries also serves the healthcare industry through their BioMedical segment. They specialize in the manufacturing of cryogenic storage equipment used for preserving biological samples, including vaccines, blood, tissues, and other medical products. This segment caters to hospitals, research laboratories, and pharmaceutical companies, ensuring secure storage and reliable preservation of sensitive medical materials.
Chart Industries also focuses on clean energy solutions, as the world moves toward reducing carbon emissions and adopting sustainable practices. The company offers hydrogen refueling stations and provides technologies for the liquefaction, storage, and distribution of hydrogen, a clean and versatile energy carrier.
Overall, Chart Industries, Inc. plays a crucial role in the LNG, industrial gases, and clean energy sectors by manufacturing essential equipment and providing innovative solutions that enable safe and efficient production, storage, and distribution of these resources.