Business in the hydrogen space has never been as demanding for Chart Industries as it is today. That’s because there is so much going on – and so much now to do.
The company’s ever-rising hydrogen orders, paired with this year’s $4.4bn acquisition of UK-based Howden, has laid a strong foundation for the US cryogenic equipment manufacturer.
What are the numbers that capture things? Well, with the company’s 58 years of hydrogen-related experience, 2020 saw its hydrogen-related orders total $38m. But in 2021 the floodgates really opened. In that pandemic-hit year, the company’s hydrogen-related orders still climbed to $282m. And this number was then achieved again in just the first nine months of 2022, with more to come.
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