Chart Industries completes acquisition of Sustainable Energy Solutions
Published by Callum O'Reilly,
Senior Editor
Hydrocarbon Engineering,
Chart Industries Inc. recently completed the previously announced acquisition of Sustainable Energy Solutions Inc. (SES).
SES’s Cryogenic Carbon Capture™ (CCC) technology eliminates most emissions from fossil fuels while enabling better use of intermittent renewables through grid-scale energy storage. Coupling SES’s CCC technology with Chart’s air-cooled heat exchangers, brazed aluminium heat exchangers, IPSMR® refrigeration/liquefaction system and cryogenic storage and transport equipment creates a one-stop full solution option for those looking for integrated technology and equipment.
SES results will be included in Chart’s Specialty Products segment, which, in addition to carbon and direct air capture, includes end markets of hydrogen, over-the-road trucking, food and beverage, water treatment, cannabis, molecules by rail, lasers and space exploration.
“I am excited to complete the SES acquisition before year-end 2020, as our pipeline of carbon and direct air capture commercial opportunities for 2021 and 2022 is growing,” said Jill Evanko, Chart’s CEO. “We welcome Larry Baxter, Andy Baxter and the entire SES team to the Chart family.”
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/04012021/chart-industries-completes-acquisition-of-sustainable-energy-solutions/
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