Chart's Energy & Chemicals Group Supplies Key Components to New World-Scale Air Separation Unit
finance.yahoo.com
CLEVELAND, Dec. 9, 2009 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (Nasdaq:GTLS), a leading independent global manufacturer of highly engineered equipment used in the production, storage and end-use of hydrocarbon and industrial gases, announced today that its wholly-owned subsidiary, Chart Energy & Chemicals, Inc. ("Chart E&C"), has been awarded an order from Air Products (NYSE:APD) for the supply of 14 Brazed Aluminum Heat Exchanger cores (BAHX) for construction of Air Products' new world-scale air separation unit in La Porte, Texas. The BAHX units are the primary component in the process of separating atmospheric gases down to their individual molecules, such as oxygen, nitrogen and argon. The use of Chart E&C's BAHX and cryogenic technology allow for a reliable and efficient means of producing industrial gases for enhanced production of merchant and electronics products. |
