Chart Industries has today reported its third quarter 2020 results, highlighting record orders in distribution and storage hydrogen equipment, water treatment, LNG regas, ISO containers and repair, service and leasing.
Orders for the quarter totalled $262.7m, resulting in a sequential increase of 7.4% over the second quarter 2020. Backlog of $684.9m also included record in both the Distribution & Storage Eastern Hemisphere and Distribution & Storage Western Hemisphere.
Looking back at the month, Chart said it has booked orders with 147 new customers and signed ten new long agreements including repair and service, hydrogen and LNG fuelling stations.
Hydrogen was a big focus for Chart in the month of October, as it completed the acquisition of Worthington Industries’ cryogenic and hydrogen trailer business and also invested in French hydrogen production company McPhy.
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