Chart Industries awarded $10 million contract.EASTLAKE, Ohio--(BUSINESS WIRE)--July 31, 1996--Chart Industries, Inc., (NYSE NYSE See: New York Stock Exchange :CTI) today announced that its Process Systems International, Inc., (PSI) subsidiary has been awarded a contract worth approximately $10 million from ABB Randall of Houston, Texas, for the design and fabrication of a single-train nitrogen rejection unit A Nitrogen Rejection Unit (NRU) removes impurities from a gas by liquifying and regasifying the stream. A Nitrogen Rejection Unit is any system that removes nitrogen from natural gas. For much larger applications, cyrogenic processing is the norm. (NRU) for AMOCO's Hugoton, Kansas, gas plant. The unit will be designed at PSI's facilities in Westborough, Massachusetts, and fabricated at Chart Coastal Fabrication in New Iberia, Louisiana The city of New Iberia (French: La Nouvelle-Ibérie) is the parish seat of Iberia Parish, in the US state of Louisiana, 125 miles (201 km) west of New Orleans. [1] [2] . Upon completion in late 1997, this unit will be the largest single-train NRU in the world, with capacity in excess of 400 million standard cubic feet per day (MMSCFD MMSCFD Millions of Standard Cubic Feet per Day (measure of gas produced in a reservoir) ). "This award acknowledges PSI's expertise as a world-class designer and producer of advanced systems and components for low-temperature gas processing applications," commented James R. Sadowski, President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Chart Industries. "In addition to recognizing the company's technological leadership, the contract award underscores PSI's ability to provide customers and end users with fully integrated services, including design, engineering, manufacturing, final assembly, and test and installation support." Brazed aluminum heat exchangers for this NRU will be produced by Chart's ALTEC International subsidiary. Chart Industries, Inc., manufactures standard and custom-built industrial process equipment primarily for low-temperature and cryogenic applications. The company also manufactures other industrial equipment such as structural pipe supports, stainless steel tubing, and high-vacuum systems. Headquartered in Eastlake, Ohio, Chart has operations located in Arkansas, California, Louisiana, Massachusetts, New Hampshire, Ohio New Hampshire is an unincorporated community located in central Goshen Township, Auglaize County, Ohio, United States. Located between Wapakoneta and Lakeview at the intersection of U.S. , Pennsylvania, and Wisconsin. CONTACT: Chart Industries, Inc. James R. Sadowski, 216/946-2525 |
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