Chart Industries
Company Snapshot
Company Overview
Chart Industries is a leader in highly engineered equipment for multiple applications in the energy and industrial gas markets. The Company offers hydrogen storage services around the world for different industrial applications like aerospace, FCEV fuel stations, FC forklift fueling, liquefaction, etc. It has manufacturing facilities in 64 global locations with over 50 service centers in the U.S., Asia, Australia, India, Europe, and South America. It operates with four business segments, namely heat transfer systems, specialty products segment, cryogenic tank solutions, and repair, service, & leasing segment.
Its cryogenic tank solutions segment designs and manufactures cryogenic solutions for storage and delivery of cryogenic liquids. It offers bulk, microbulk, and mobile equipment used in the storage, distribution, vaporization, and application of industrial gases and certain hydrocarbons. It mainly serves the US, Europe, Latin America, Asia, and other parts of the world. Its specialty products segment serves various end-use applications, including hydrogen, LNG, biofuels, carbon capture, F&B, aerospace, lasers, and water treatment, among others. Its heat transfer systems segment specializes in mission critical engineered equipment and systems for separation, liquefaction, and purification of hydrocarbon and industrial gases. Lastly, its repair, service, & leasing segment offers installation, service, repair, maintenance, and refurbishment of products along with equipment leasing solutions as well as expanded aftermarket products and services.
Financial Highlights (FY 2024)
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Chart Industries In News
Company's Business Segments
- Cryo Tank Solutions : Bulk, Microbulk, and Mobile equipment used in the storage, distribution, vaporization, and application of industrial gases and certain hydrocarbons.
- Heat Transfer Systems : Supplies equipment and technology-driven process systems used in the separation, liquefaction, and purification of hydrocarbon and industrial gases.
- Specialty Products : Manufactures compressors and heat exchangers for hydrogen applications, including brazed aluminum, air-cooled, and shell and tube varieties, as well as mobile equipment and fueling stations.
- Repair, Service & Leasing : Provides installation, retrofitting, refurbishment, spares, service, repair, and maintenance of products globally, as well as equipment leasing solutions to customers globally.
Applications/End User Industries
- Transportation
- Electronics
- Food and Beverages
- Automotive
- Aerospace and Defense
