Chart Industries’ IPSMR® Process Technology Delivers First LNG at New Fortress Energy’s Fast LNG Project
22 Julho 2024 - 7:30AM
Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a leading global
solutions provider to clean energy and industrial gas markets,
announces that its Integrated Pre-Cooled Single Mixed Refrigerant
(“IPSMR®”) process technology delivered First LNG at New Fortress
Energy Inc.’s (NASDAQ: NFE) (“NFE”) initial Fast LNG (“FLNG”) asset
located offshore Altamira, Mexico. With this significant milestone,
FLNG establishes itself as the fastest large-scale LNG project ever
developed.
NFE’s proprietary Fast LNG design is the first of its kind,
pairing the latest advancements in Chart’s modular liquefaction
technology with jack up rigs or similar offshore infrastructure to
enable a faster deployment schedule than traditional liquefaction
facilities. With a production capacity of 1.4 MTPA in a single
train, or approximately 70 TBtus, FLNG will play a pivotal role in
supplying low-cost, clean LNG to NFE’s downstream terminal
customers.
“We appreciate our long-standing partnership with Chart
Industries who played a pivotal role in our offshore development in
Altamira,” said Wes Edens, Chairman and CEO of New Fortress Energy.
“First LNG represents a transformative moment for NFE and the
industry as a whole, and reaffirms our position as a fully
integrated leader in the global LNG market.”
“We are proud to support NFE and the industry with our modular
liquefaction technology and all mission critical equipment,
including brazed aluminum heat exchangers, cold boxes and air
coolers,” stated Jill Evanko, Chart’s CEO and President. “We
congratulate NFE for this success of First LNG, and we look forward
to further supporting the industry with our modular, adaptable,
resilient and cost-effective technology and products.”
About Chart IndustriesChart Industries, Inc. is
a global leader in the design, engineering, and manufacturing of
process technologies and equipment for gas and liquid molecule
handling for the Nexus of Clean™ - clean power, clean water, clean
food, and clean industrials, regardless of molecule. The company’s
unique product and solution portfolio across stationary and
rotating equipment is used in every phase of the liquid gas supply
chain, including engineering, service and repair and from
installation to preventive maintenance and digital monitoring.
Chart is a leading provider of technology, equipment and services
related to liquefied natural gas, hydrogen, biogas, and CO2 capture
amongst other applications. Chart is committed to excellence in
environmental, social, and corporate governance (ESG) issues both
for its company as well as its customers. With 64 global
manufacturing locations and over 50 service centers from the United
States to Asia, Australia, India, Europe, and South America, the
company maintains accountability and transparency to its team
members, suppliers, customers, and communities. To learn more,
visit www.chartindustries.com.
Investor Contact:
John WalshVP, Investor
Relations1-770-721-8899john.walsh@chartindustries.com
Chart Industries (NYSE:GTLS)
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