I3N Chart Industries Inc.

Chart Industries Selected by Blue Spruce Operating as Technology and Equipment Provider for Dry Piney Helium and Carbon Sequestration Project

Chart Industries Selected by Blue Spruce Operating as Technology and Equipment Provider for Dry Piney Helium and Carbon Sequestration Project

ATLANTA, March 11, 2025 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a global leader in energy and industrial gas solutions today announced our selection by Blue Spruce Operating LLC to provide the Nitrogen Rejection Unit (“NRU”) and helium process technology and associated equipment for their Dry Piney Helium and Carbon Sequestration Project to be located in Sublette County, WY.

Recently, the NRU and helium plant front-end engineering and design was successfully completed by Chart.

“We are pleased to partner with Blue Spruce Operating on their unique and large-scale Dry Piney Helium and Carbon Sequestration Project,” stated Jill Evanko, Chart’s CEO and President. “We look forward to delivering this project on-time across the coming two years, as well as providing operational support to Blue Spruce over the many decades this project will be producing helium and other valuable products.”

“Chart Industries is an industry leader in cryogenic processing and technologies required for Blue Spruce Operating to separate, recover, and liquefy helium to purity grade for sale to our global customers,” stated Brad Gentry, Vice President – Midstream.

“Blue Spruce Operating continues to advance its design and commercial progress towards final investment decision. The completion of front-end engineering design for the NRU and helium plant packages represents a key milestone in the overall design effort. This strategic partnership, combined with Chart’s specialized technology offerings, will enable Blue Spruce to become a significant domestic resource for bulk liquid helium supplies and natural gas into the western U.S. Opal Hub market.”

At full operational capacity, the Dry Piney Project is anticipated to produce over 800 million cubic feet per year of bulk liquid helium, approximately 80 MMcfpd of natural gas, and permanently sequester up to 4.5 million metric tons of CO2 per year through the operation of two separate gas processing trains.

About Chart Industries

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 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 .

Investor Contact:

John Walsh

Senior Vice President, Investor and Government Relations

770-721-8899

This press release was published by a CLEAR® Verified individual.



EN
11/03/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Chart Industries Inc.

 PRESS RELEASE

Chart Industries Reports Second Quarter 2025 Financial Results

Chart Industries Reports Second Quarter 2025 Financial Results ATLANTA, July 29, 2025 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) today reported results for the second quarter 2025 ended June 30, 2025. Second quarter 2025 highlights compared to second quarter 2024: Orders of $1.50 billion, an increase of 28.6%Sales of $1.08 billion, an increase of 4.0%Gross profit as a percent of sales of 33.6%, a decrease of 20 bpsReported operating income of $169.5 million was $228.1 million when adjusted for step-up amortization related to the Howden acquisition, resulting in 21....

 PRESS RELEASE

Chart Industries Terminates Merger Agreement with Flowserve Corporatio...

Chart Industries Terminates Merger Agreement with Flowserve Corporation ATLANTA, July 29, 2025 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS), a global leader in energy and industrial gas solutions, today announced that, prior to entering into the definitive agreement with Baker Hughes Company (Nasdaq: BKR) that was announced separately today, the Company and Flowserve Corporation (NYSE: FLS) terminated their previously announced merger agreement. The transaction with Baker Hughes follows a determination by the Chart Board of Directors, with the assistance of its financial and...

 PRESS RELEASE

LNG Alliance Selects Chart Industries’ IPSMR® Process Technology and M...

LNG Alliance Selects Chart Industries’ IPSMR® Process Technology and Modular Solution ATLANTA, July 11, 2025 (GLOBE NEWSWIRE) -- LNG Alliance Pte Ltd (“LNG Alliance”), an integrated provider of LNG export terminal infrastructure and LNG supply, has announced its strategic decision to select Chart Industries' (NYSE: GTLS) (“Chart”) IPSMR® (Integrated Pre-cooled Single Mixed Refrigerant) process technology and modular liquefaction solution for its Amigo LNG export facility with a capacity of 7.8 MTPA in Guaymas, Sonora, Mexico. Chart Industries' cutting-edge IPSMR® process technology sets ...

 PRESS RELEASE

Chart Industries to Announce Second Quarter 2025 Results on July 31

Chart Industries to Announce Second Quarter 2025 Results on July 31 ATLANTA, June 30, 2025 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a global leader in energy and industrial gas solutions, has scheduled a conference call for Thursday, July 31, 2025 at 8:30 a.m. ET to discuss its second quarter 2025 financial results. Chart plans to issue its second quarter 2025 earnings release prior to market open on July 31st. Participants wishing to join the live Q&A session must dial-in with the following information: PARTICIPANT INFORMATION:Toll-Free – North America: (+1) 8...

 PRESS RELEASE

Chart Industries to Present at J.P. Morgan Energy, Power, Renewables &...

Chart Industries to Present at J.P. Morgan Energy, Power, Renewables & Mining Conference ATLANTA, June 13, 2025 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a global leader in energy and industrial gas solutions, will present at the J.P. Morgan Energy, Power, Renewables & Mining Conference in New York. Jill Evanko, President and Chief Executive Officer will participate in a fireside discussion on Tuesday, June 24th, and a webcast is scheduled for 10:55 a.m. ET. A live audio webcast will be available on the company’s website at:  and a replay of the webcast will be a...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch