GTLS - Chart Industries sign MoU with Wolf Carbon Solutions for carbon capture utilization and storage
- Chart Industries ( NYSE: GTLS ) signed a MoU with Wolf Carbon Solutions, an affiliate of Wolf Midstream, a $4B multi-asset energy infrastructure organization based in Calgary, Alberta.
- Through the cooperation agreement, both companies will jointly identify, develop, pursue and execute projects using Chart's Sustainable Energy Solutions Cryogenic Carbon Capture technology at mutually agreed upon host sites located along Wolf's recently announced Mt. Simon Hub carbon pipeline system.
- This collaboration will also focus on future phases of the Wolf project including an extension north toward Chicago and east into Indiana and the Ohio River Valley.
- "The carbon capture and storage projects being jointly developed will help facility owners and operators reach their greenhouse gas emission reduction targets, in particularly hard to abate industries," Chart’s CEO and President Jill Evanko commented.
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Chart Industries sign MoU with Wolf Carbon Solutions for carbon capture utilization and storage