CLEVELAND (Oct. 30, 2014) – Chart Industries, Inc. announced that Sasol has awarded its wholly-owned subsidiary, Chart Energy & Chemicals, Inc., a contract for the supply of brazed aluminum heat exchangers (BAHX) and cold boxes for an ethane cracker at Lake Charles, Louisiana. The BAHX will be engineered and manufactured in Chart's La Crosse, Wisconsin, plant and installed in cold boxes built at Chart's dedicated facility in New Iberia, Louisiana, before final shipment to Lake Charles. The Sasol-owned cracker will produce an estimated 1.5 million tons of ethylene per year and features Technip's proprietary ethylene technology. The cracker benefits from low natural gas prices in the U.S. coupled with an abundance of ethane from natural gas liquid rich shale formations, which are driving the industry. Chart's BAHX and cold box equipment is fundamental to cryogenic processing, a key stage in the liquefaction and processing of natural gas and separation of the high-value natural gas liquids. “We are pleased with this award from Sasol and equally delighted that the recently completed expansion at the La Crosse facility allows us to add best-in-class equipment lead times to our core capabilities for world scale projects,” said Mike Durkin, president of Chart Energy & Chemicals. Chart is an independent global manufacturer of highly engineered equipment used in the production, storage and end-use of hydrocarbon and industrial gases.
Thu, 10/30/2014 - 00:00