Chart Industries Awarded Order For Hydrogen Liquefier, Liquid Hydrogen Transports And ISO Containers From Element Resources; Financial Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Chart Industries has received an order from Element Resources for a hydrogen liquefier, liquid hydrogen transports, and ISO containers. The financial terms of the deal were not disclosed.

March 18, 2024 | 8:18 pm
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Chart Industries has been awarded a significant order by Element Resources, covering a hydrogen liquefier, liquid hydrogen transports, and ISO containers, although financial details were not revealed.
The order from Element Resources for Chart Industries represents a positive development, indicating demand for its hydrogen-related products. While the financial terms were not disclosed, such deals typically suggest future revenue growth. The lack of financial details makes it challenging to quantify the immediate financial impact, but the news is likely to be viewed positively by investors, potentially leading to a short-term uptick in GTLS's stock price.
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