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Chart Industries Signs Global Master Goods and Services Agreement with ExxonMobil
GTLSChart(GTLS) GlobeNewswire·2025-01-08 11:30

Core Viewpoint - Chart Industries has signed a global master goods and services agreement with ExxonMobil to provide LNG equipment, technology, and services for ExxonMobil's global projects [1][2]. Group 1: Agreement Details - The enabling agreement establishes the terms and commercial framework for Chart to supply LNG equipment, including cold boxes and proprietary IPSMR® process technology [2]. - The collaboration aims to optimize cost, schedule, and quality for LNG projects globally by deploying a design once and building multiple concepts [3]. Group 2: Company Insights - Chart Industries is recognized as a leader in clean energy and industrial gas solutions, focusing on LNG technology, hydrogen, biogas, and CO2 capture [5]. - The company operates 64 global manufacturing locations and over 50 service centers, emphasizing accountability and transparency in its operations [5]. Group 3: ExxonMobil Overview - ExxonMobil is one of the largest publicly traded international energy and petrochemical companies, focusing on improving quality of life and meeting evolving societal needs [6]. - The company has set ambitious greenhouse gas emission-reduction plans for 2030, aiming for a 20-30% reduction in corporate-wide greenhouse gas intensity compared to 2016 levels [7].