Chart Industries and Element Resources Partner on Hydrogen Eco-System Deployment
August 29 2024 - 7:30AM
Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a leading global
solutions provider to clean energy and industrial gas markets,
announces that it is partnering with Element Resources Inc.
(“Element”), a leader in green hydrogen production, to advance the
utilization and adoption of hydrogen and other clean fuels using an
‘eco-system’ approach by collaborating to build out hydrogen fuel
supply, distribution, storage and transportation, end user
facilities, and associated services in the hydrogen and clean
energy sectors utilizing Chart’s industry leading full solution.
Chart and Element began working together in March of 2024 when
Element selected Chart to supply its hydrogen liquefaction plant,
hydrogen refrigeration technology, cold box design, associated
compression / rotating equipment and heavy duty fueling stations
for its Lancaster Clean Energy Center (LCEC) project, a largest
renewable green hydrogen permitted production facility located in
the City of Lancaster, California (USA).
“Element is looking forward to partnering with Chart as we
continue to develop our pipeline of projects and expand existing
sites in the future to further develop the hydrogen ecosystem and
support industries globally accelerating the adoption of hydrogen
and users globally,” stated Steve Meheen, CEO of Element Resources.
“Chart, a leader in gaseous fuels and liquified gas technology
brings a wealth of capabilities with the wide array of hydrogen
facility offerings to support the energy transition which
complement Element’s green hydrogen production efforts, supporting
our mission to make 100% renewable fuel alternatives readily
available in the United States.”
“Backed by our 158+ years of experience designing, engineering,
and manufacturing hydrogen related equipment, Chart can provide
customers with all process technologies and major equipment across
the entire gaseous and liquid hydrogen value chain,” stated Jill
Evanko, CEO and President of Chart. “Together with Element
Resources, we have the potential to accelerate the adoption and
deployment of hydrogen by working together to provide customers
with a turnkey, full solution offering from hydrogen fuel, storage
and transportation to fueling systems and services.”
About Chart Industries, Inc.
Chart 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.
About Element Resources
Element Resources Inc. is a development company focused on the
production of 100% Green Hydrogen. Based in Houston, TX, Element
supports its numerous California initiatives from its San Diego
office. An ARCHES (DoE Hydrogen Hub) Tier One program participant,
Element is the sole owner / developer of the Lancaster Clean Energy
Center (LCEC), a fully permitted facility that will be the largest
green hydrogen production facility in the United States, also fully
compliant with the 45V requirements. Element has under development
green hydrogen facilities in the Western United States that will
reach a capacity over 700,000 tons per year. For more information
on Element Resources, please
email info@elementresources.com.
Investor Relations Contact – Chart
Industries:
John WalshSVP, Investor and Government
Relations770-721-8899john.walsh@chartindustries.com
Media Contact – Element Resources:Avery
BarnebeyChief Financial
Officerabarnebey@elementresources.com
Chart Industries (NYSE:GTLS)
Historical Stock Chart
From Nov 2024 to Dec 2024
Chart Industries (NYSE:GTLS)
Historical Stock Chart
From Dec 2023 to Dec 2024