Chart Industries Awarded Order for Hydrogen Liquefier, Liquid Hydrogen Transports and ISO Containers from Element Resources

(Chart Industries) Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a leading global solutions provider to clean energy and industrial gas markets, announces an order from Element Resources Inc (“Element”) for its Lancaster Clean Energy Center (LCEC), a major renewable green hydrogen production facility located in the City of Lancaster, California.

At the LCEC, Element will produce over 20,000 tons of renewable green hydrogen annually through its first phase, making it one of the largest green hydrogen projects in the state. The LCEC, which is targeted to begin commercial operations in 2026, will operate off-grid, using dedicated photo voltaic (PV) solar to power Element’s electrolyzers to produce zero-emission, renewable hydrogen. The increased hydrogen production capacity will serve the growing demand for clean mobility fuels as well as clean energy for manufacturing.

Element Resources is purchasing hydrogen liquefaction plants from Chart, utilizing Chart’s hydrogen refrigeration technology, cold box design, and the associated rotating equipment. This order above includes Chart’s supply of the hydrogen liquefaction system, liquid hydrogen storage tanks, and trailer loadout bays as well as liquid hydrogen transports and ISO Containers. Hydrogen compression for storage, distribution and heavy duty fueling is also included in this order.

“Element is pleased to have reached an agreement with Chart Industries for the hydrogen handling equipment and systems downstream of the electrolyzers through loading for distribution, we are pleased to have a supplier that designs, engineers and builds in-house essentially all of the hydrogen liquefaction, storage and handling equipment which significantly simplifies the procurement, construction and operation of the plant and facilities,” stated Steve Meheen, Element Resources CEO.

“We are proud to be a partner to Element Resources as they execute on their strategic global buildout in the hydrogen industry,” stated Jill Evanko, Chart’s CEO and President. “Chart’s complete suite of hydrogen offerings is helping Element Resources drive the energy transition forward.”

Chart Industries, Inc. is an independent 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 (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

Element Resources Inc. is a development company focused on the production of 100% Green Hydrogen. Based in Houston, TX, Element supports its numerous California initiatives from its San Diego office. The company’s key personnel have over 100 years’ energy sector development experience. Element selectively invests in hydrogen-related technologies that enable production of zero carbon fuel and holds patents for large capacity, low-cost underground hydrogen storage and advanced, lower-cost hydrogen electrolyzer catalysts. For more information on this project or Element Resources, please email info@elementresources.com. READ MORE

Excerpt from Chart Industries: Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a leading global solutions provider to clean energy and industrial gas markets, announced its collaboration with GasLog LNG Services Ltd., a leading provider of liquefied natural gas (LNG) shipping services, to study the development of a commercial scale liquid hydrogen (LH2) supply chain leveraging GasLog’s latest developments of a liquid hydrogen vessel and Chart’s extensive experience in cryogenics and large-scale liquefaction solutions for the global distribution of LH2.

This collaboration aims to support GasLog’s participation in recently announced projects to develop a commercial scale LH2 supply chain from export markets in the Middle East to European and Asian destinations for onward distribution by liquid transportation and/or gas via pipelines to various end users.

Chart will leverage its over 158 years of hydrogen experience for this collaboration through hydrogen compression, liquefaction and refrigeration technologies, and cryogenic loading/unloading operations, amongst other products.

CEO of GasLog, Paolo Enoizi, said “This collaboration with Chart Industries is our commitment to explore and support the use of hydrogen, via liquid form, to benefit industries and users globally. I have confidence that our combined experience from the cryogenic industries will ensure the safety and efficiency of novel liquid hydrogen supply chains across the world.”

“We are excited to collaborate with GasLog for effective large scale LH2 supply chain deployment,” stated Jill Evanko, CEO and President of Chart Industries. “We see a significant momentum shift from export developers discussing ammonia supply chains twelve months ago to LH2 supply chains today.”

GasLog LNG Services Ltd., a wholly owned subsidiary of GasLog Ltd., is an international owner, operator and manager of LNG carriers providing support to international energy companies as part of their LNG logistics chain. GasLog’s consolidated fleet consists of 37 LNG carriers (32 on the water, four under construction and one vessel as a floating storage and regasification unit, or “FSRU”, under commissioning). For more information, visit www.gaslogltd.com. READ MORE