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September 22, 2005
CHART
FEROX TO DELIVER THE LARGEST SHOP-CONSTRUCTED VACUUM INSULATED TANKS
IN THE WORLD
Garfield Heights, OH - September 22, 2005 - Chart Industries,
Inc. (OTC: CIDI.OB) announces that its European Ferox operation has
won a contract from Norway's Gasnor AS to supply five 683 cubic meter
vacuum insulated tanks. These tanks will be used in a new liquid natural
gas (LNG) satellite plant to be located at Elkem Aluminum in Mosjoen,
Norway.
This order follows Gasnor's announcement in August that it had signed a ten-year contract with Elkem for the supply of LNG for a new anode plant being built by Alcoa and for the existing aluminum plant at Mosjoen. To date, the contract is the largest in Norway for the industrial supply of LNG.
The vacuum insulated tanks, to be built at Chart Ferox' plant in Decin, Czech Republic, will be the world's largest shop-built units; surpassing by twenty-five percent the tank that Chart delivered in June for an oxygen application in Finland. With these tanks measuring nearly 36 meters long, 5.6 meters in diameter and weighing 169,000 kilograms, transportation to the site in Norway presents a logistical challenge that Chart is uniquely qualified to meet.
This tank order precedes another potential order to Chart Ferox for other equipment needed for the satellite plant. When completed in March 2007, the plant will supply natural gas via automatically switched banks of ambient air vaporizers.
These orders further demonstrate the wide spectrum of Chart Ferox' cryogenic product offering as well as the position it has earned in the growing Scandinavian LNG market.
Chart Industries, Inc. is a leading global supplier of standard and custom engineered products and systems serving a wide variety of low temperature and cryogenic applications. Chart has domestic operations located in seven states and an international presence in Australia, China, the Czech Republic, Germany and the United Kingdom.
>>
August 3, 2005, Chart Industries, Inc. announces agreement to sell
the company to First Reserve Corporation
>>
June 27, 2005, Chart-Ferox announces Gasnor LNG satellite plant expansion
at Elkem
>>
June 08, 2005, Chart announces Construction of the Largest Tank in
its History
>>
January 04, 2005, Gasnor starts up new LNG Satellite Plant at Titania
>>
November 24, 2004, Transport of the Vertical Storage Tank for Nitrogen
service from Ferox Decín to Russia by ship
>>
September 30, 2003, Large LNG Satellite
Plant Installed
>>
July 31, 2003, Ferox Signed Cooperation Agreement with N-GINE Corporation
>>
July 08, 2003, Chart Industries files Chapter 11 Petition to implement
"Pre-Packaged" Reorganization Plan
>>
June 27, 2003, Liquid Hydrogen Tanks
>>
May 30, 2003, LNG driving for large sizes
>>
May 21, 2003, MULTIGAS and FEROX
>>
March 26, 2003, Ferox and Air Products agreed to sign Multi-Year European
Supply Contract
>>
February 25, 2003, Thermax - Ferox Alliance
>>
December 2, 2002, Press Report: Liquefied Natural Gas
>>
October 16, 2002, Ferox awarded Norwegian LNG orders
>>
September 27, 2002, Thermax - Ferox Alliance
