Chart Industries is First to Market with Approved Liquid Hydrogen Trailers in Korea
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Details
News Market Reaction – GTLS
The recorded move for GTLS in the trading session of this news was +1.11%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ATLANTA, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a leading global engineering design firm and manufacturer of highly engineered equipment servicing multiple applications in clean energy and industrial gas markets, received Korean Gas Safety (KGS) certification and approval of our liquid hydrogen (LH2) bulk transport trailers built in Theodore, Alabama for the Korean market, making us the first and only supplier with a LH2 trailer design currently approved to serve the growing Korean market. Chart worked closely with KGS to ensure that their stringent safety requirements would be met or exceeded with our offering.
This trailer, specifically tailored to meet Korean regulations, offers over 3,100 kg of payload, and is the latest addition to Chart’s industry-leading portfolio of gaseous and liquid hydrogen trailers, meeting the same high-performance and operational standards that come with the Chart brand, and continues our lead with the highest payload and hold time trailers on the global market.
“We’re proud to be the first liquid hydrogen trailer supplier who is fit to serve the Korean market’s safety requirements, and we are looking forward to helping deliver the liquid hydrogen vital to meet increasing demand for clean energy in Korea,” stated CEO and President, Jill Evanko.
About Chart Industries, Inc.
Chart Industries, Inc. is an independent global leader in the design, engineering, and manufacturing of process technologies and equipment for gas and liquid molecule handing 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 Walsh
VP, Investor Relations
770-721-8899
john.walsh@chartindustries.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/71df2a62-5a8d-40d9-81ad-bfd8cdebb395
