Company Profile
Chart Industries Basic Information, Manufacturing Base, Sales Area, and Competitors
|
Sr. No. |
Item |
Description |
|
1 |
Company Name |
Chart Industries |
|
2 |
Website |
https://www.chartindustries.com/ |
|
3 |
Established Date |
1992 |
|
4 |
Headquartered |
United States |
|
5 |
Market Position/ History |
In 1992, the Holmes brothers form Chart Industries, a public holding company, and raise funds through an initial public offering (IPO). In 1999, the business purchased Northcoast Cryogenics (a company that repairs cryogenic equipment). In 2005, a new plant in Changzou tripled Chart's manufacturing capacity in PR China. Chart's sales exceeded $1 billion in 2013. Chart Industries purchased Los Angeles Turbine in 2021. Chart and LAT's collaboration expands clients' turbomachinery process and solution possibilities, particularly in hydrogen and helium liquefaction. In 2023, Chart completes its acquisition of Howden. Currently, the firm is in charge of creating the turboexpander to power TECO-Westinghouse's "high speed" motor, which is backed by AG Equipment's compressor package. |
|
6 |
Sales Area |
Worldwide |
|
7 |
Manufacturing Location |
Worldwide |
|
8 |
Ticker |
NYSE: GTLS |
|
9 |
No. of Employees |
11,637 |
|
10 |
Competitors |
Atlas Copco Group EBARA Group Baker Hughes |
|
11 |
CEO |
Jillian (Jill) Evanko |
|
12 |
Ownership Type |
Public |
|
13 |
Contact Information |
2200 Airport Industrial Dr., Suite 100, Ball Ground, GA 30107, United States Tel: +1 770 721 8800 |
Business Segment/ Overview:
Chart Industries specializes in designing, building, and manufacturing process technologies and equipment for managing gas and liquid molecules for the Nexus of Clean, including clean electricity, clean water, clean food, and clean industrials, regardless of the molecule. The Company's unique product and solution range for stationary and rotating equipment is utilized across the liquid gas supply chain, from installation to preventative maintenance and digital monitoring. Chart is a significant producer of technology, equipment, and services for liquefied natural gas, hydrogen, biogas, and carbon capture, among other uses.
The company operated through following sengments:. The Cryo Tank Solutions division, with primary activities in the United States, Europe, and Asia, serves geographic regions across the world by offering bulk, microbulk, and mobile equipment for the storage, distribution, vaporization, and application of industrial gases and certain hydrocarbons. Its Heat Transfer Systems segment primarily operates in the US and Europe, but also provides mission-critical equipment and systems for separating, liquefying, and purifying hydrocarbon and industrial gases for gas-to-liquid applications. Company’s specialist solutions division operates internationally and provides solutions for specialist end-market applications such as hydrogen, LNG, biofuels, carbon capture, food and beverage, aerospace, lasers, and water treatment, among others.
Expansion Turbine Product Types Specification
|
Product |
Product Description |
|
Turboexpanders |
L.A. Turbine's (LAT) designing, building and servicing LAT & non-OEM turboexpanders for hydrocarbon processing, petrochemicals, industrial gas and power generation & recovery applications. L.A. Turbine turboexpander configurations include expander-compressors with either oil or active magnetic bearings (AMB), expander dynamometer (oil-brake) equipment and specialized turboexpander designs using an expander-generator or high-speed direct-drive expander generators. Its model includes: L1000: Inlet Flow (max.): 600 ACMH (SI Unit) Inlet Pressure (max.): 206 BARG Temperature: -195 to 260°C RPM (max.): 105,000 Seal Types: Labryinth Seal Wheel Power (max.): 800 kW Bearing Types: Oil Applications: Hydrocarbon Processing: LNG | LPG | NGL | DPC Geothermal Power Generation Air Separation Refrigeration Industrial Power Recovery | Pressure Letdown |
Recent Developments:
|
Year |
Latest News |
|
July 2021 |
Chart Industries acquired L.A. Turbine The acquisition of L.A. Turbine provides Chart customers with a "one-stop shop" for a wide range of applications, including hydrogen and helium liquefaction, carbon capture and energy storage, industrial gas, natural gas processing, small-scale LNG plants, propane dehydrogenation (PDH) plants, heavy hydrocarbon removal processes for LNG plants, and petrochemical processes. L.A. Turbine (LAT) develops, engineers, manufactures, and tests turboexpanders for both new and aftermarket equipment. Chart said it bought LAT because it has the potential to build a unique expander necessary for hydrogen and helium liquefaction, which is difficult to find in the market due to a small number of businesses capable of developing and producing it. |
X
Profile Details
-
Author Kalyani Raje
-
Published 19 Nov 2024
-
Last Updated 19 Nov 2024
-
Reading Time~5 minutes
-
CoverageSWOT, Financials, Key Employees, History
Table of Contents
-
- 1.1 About Chart Industries
- 1.2 Key Facts
- 1.3 Key Employees
- 1.3.1 Key Employee Biographies
- 1.4 History
- 1.5 Locations & Subsidiaries
- 1.5.1 Head Office
- 1.5.2 Other Locations & Subsidiaries
-
- 2.1 Company Overview
- 2.2 Business Segments
- 2.3 R&D Overview
- 2.4 Brands
- 2.5 Key Company Statistics
- 2.6 Key Financials (2015–2019)
- 2.7 Share Holder Analysis
- 2.8 Regional Presence
- 2.9 Services Offered
-
- 3.1 Strengths
- 3.2 Weaknesses
- 3.3 Opportunities
- 3.4 Threats
- 3.5 Key Competitors
-
- 4.1 Company Metrics
- 4.2 Key Investors
- 4.3 Recent Funding & Valuation
- 4.4 Historical Funding & Valuation
-
- 5.1 Acquisitions
- 5.2 Partnerships
-
- 6.1 Latest News & Announcements
- 6.2 Strategic Initiatives
-
- 7.1 Summary of Findings
- 7.2 Strategic Recommendations
Get a Custom Profile
Need a tailored company profile or competitive intelligence report? Our analysts are ready to help.
Contact Our ExpertsMore Profiles
Explore all published company profiles across 30+ industry verticals.
View All Profiles