MARKET WIRE NEWS

Chart Industries Selected to Supply Air-Cooled Heat Exchangers and Cold Boxes for Sempra Infrastructure's Port Arthur LNG Phase 2 Project

MWN-AI** Summary

Chart Industries (NYSE: GTLS), a prominent player in energy and industrial gas solutions, has secured a significant contract from Bechtel Energy Inc. to provide essential equipment for Sempra Infrastructure’s Port Arthur LNG Phase 2 project in Jefferson County, Texas. This award, announced on October 6, 2025, positions Chart as a critical contributor to the ongoing expansion of the LNG facility.

The newly awarded contract includes air-cooled heat exchangers, brazed aluminum heat exchangers, and cold boxes, marking a continuation of Chart's relationship with the Port Arthur LNG project, having previously supplied equipment for Phase 1. Jill Evanko, CEO and President of Chart Industries, expressed pride in contributing to the project’s advancements and highlighted the significance of enhancing operational efficiency at the facility.

As an established leader in the design, engineering, and manufacturing of process technologies, Chart Industries focuses on handling gas and liquid molecules crucial for modern industrial applications. Their product range supports various sectors, including liquefied natural gas (LNG), hydrogen, biogas, and carbon capture technologies. With a commitment to sustainable practices and robust environmental, social, and corporate governance, Chart maintains a prominent position in the evolving energy landscape.

The expansion of the Port Arthur LNG facility is vital for bolstering the U.S. LNG export capacity and enhancing energy security. Chart Industries, boasting 65 manufacturing locations and over 50 service centers worldwide, is strategically aligned to support this growth with a commitment to accountability and transparency in its operations.

For investors and stakeholders, this partnership exemplifies Chart's enduring role in key energy projects, particularly in a climate focused on cleaner energy solutions. More details and updates are available on their official website.

MWN-AI** Analysis

Chart Industries (NYSE: GTLS) has recently achieved a significant milestone by securing a contract to supply critical equipment for Sempra Infrastructure's Port Arthur LNG Phase 2 project. This partnership not only strengthens Chart’s position in the LNG sector but also underscores its ongoing commitment to innovation and efficiency in energy solutions.

The contract includes the provision of air-cooled heat exchangers, brazed aluminum heat exchangers, and cold boxes, building on Chart's previous success with Phase 1 of the Port Arthur LNG project. The continuity in service highlights Chart's reliability and expertise—qualities that are essential in the highly competitive energy market.

From a market analysis perspective, this development offers several insights for investors. First, the expansion of the Port Arthur facility is indicative of a growing demand for LNG, driven by global energy transitions away from conventional power sources. As countries aim for cleaner energy solutions, companies like Chart, which specialize in LNG technologies, are poised for robust growth.

Secondly, Chart’s proven track record and strong backup in technological advancements in the energy sector suggest a positive trajectory for its stock. The company's diverse portfolio spanning various applications like hydrogen and CO2 capture further solidifies its market position, minimizing risk through revenue diversification.

When considering investment in Chart, it may be prudent to examine its overall market valuation relative to its growth prospects, particularly in the context of rising LNG demand. Keeping an eye on upcoming earnings reports and project milestones will provide valuable insight into its operational efficiency and financial health.

In conclusion, Chart Industries presents a compelling opportunity for investors seeking exposure to a burgeoning sector aligned with global sustainability trends. However, as with any investment, thorough due diligence and a long-term perspective are recommended.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

ATLANTA, Oct. 06, 2025 (GLOBE NEWSWIRE) -- Chart Industries (NYSE: GTLS) (“Chart”), a global leader in energy and industrial gas solutions, has been awarded by Bechtel Energy Inc. (“Bechtel”) to supply air-cooled heat exchangers, brazed aluminum heat exchangers, and cold boxes for Sempra Infrastructure’s Port Arthur LNG Phase 2 development project in Jefferson County, Texas. This award was received in the third quarter of 2025.

Chart previously supplied equipment for Port Arthur LNG Phase 1 and will continue its involvement with Phase 2, providing key technology to support the facility’s expansion and ensure reliable, efficient operations.

“Chart is proud to provide our LNG equipment to support the Sempra Infrastructure Port Arthur LNG Phase 2 development project,” said Jill Evanko, CEO and President of Chart Industries. “We congratulate the Sempra Infrastructure and Bechtel teams on the progress made to date at Port Arthur LNG and the decision and execution to bring more scale to this site.”

About Chart Industries, Inc.

Chart Industries, Inc. is a global leader in the design, engineering, and manufacturing of process technologies and equipment for gas and liquid molecule handling for the Nexus of Clean™ - clean power, clean water, clean food, and clean industrials, regardless of molecule. The company’s unique product and solution portfolio across stationary and rotating equipment is used in every phase of the liquid gas supply chain, including engineering, service and repair from installation to preventive maintenance and digital monitoring. Chart is a leading provider of technology, equipment and services related to liquefied natural gas, hydrogen, biogas and CO2 capture amongst other applications. Chart is committed to excellence in environmental, social and corporate governance issues both for its company as well as its customers. With 65 global manufacturing locations and over 50 service centers from the United States to Asia, Australia, India, Europe and South America, the company maintains accountability and transparency to its team members, suppliers, customers and communities. To learn more, visit www.chartindustries.com .

For more information, click here: http://ir.chartindustries.com/

Chart Industries Investor Relations Contact:

John Walsh
Senior Vice President, Investor and Government Relations
1-770-721-8899
john.walsh@chartindustries.com

This press release was published by a CLEAR® Verified individual.


FAQ**

How will the award to Chart Industries Inc. GTLS for the Port Arthur LNG Phase 2 project impact the company’s revenue projections for the upcoming quarters?

The award to Chart Industries Inc. for the Port Arthur LNG Phase 2 project is likely to significantly boost the company's revenue projections for upcoming quarters due to increased demand for LNG equipment and services, enhancing their market position and financial outlook.

What specific technologies will Chart Industries Inc. GTLS be supplying to Sempra Infrastructure for the Port Arthur LNG Phase 2 project?

Chart Industries Inc. (GTLS) will supply critical technologies including cryogenic equipment and storage solutions specifically designed for liquefied natural gas (LNG) applications for Sempra Infrastructure's Port Arthur LNG Phase 2 project.

How does the involvement of Chart Industries Inc. GTLS in both Phase 1 and Phase 2 of Port Arthur LNG influence their long-term relationship with Sempra Infrastructure and Bechtel?

Chart Industries Inc.'s involvement in both Phase 1 and Phase 2 of Port Arthur LNG strengthens its long-term relationship with Sempra Infrastructure and Bechtel by establishing trust and demonstrating reliability as a key partner in delivering comprehensive LNG solutions.

In what ways does Chart Industries Inc. GTLS ensure accountability and transparency in its operations, particularly in the context of large-scale projects like the Port Arthur LNG Phase 2 development?

Chart Industries Inc. ensures accountability and transparency in its operations through rigorous project management practices, regular reporting and audits, adherence to industry regulations, stakeholder engagement, and implementing comprehensive environmental and safety standards, particularly in large-scale projects like the Port Arthur LNG Phase 2 development.

**MWN-AI FAQ is based on asking OpenAI questions about Chart Industries Inc. (NYSE: GTLS).

Chart Industries Inc.

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