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NEWS RELEASE CHART INDUSTRIES SELECTED
BY AIR PRODUCTS AND CHEMICALS TO SUPPLY HEAT EXCHANGERS IN CHINA Garfield Heights, OH – September 19, 2005 – Chart Industries, Inc. (OTC: CIDI.OB) Energy and Chemicals Group received an order from Air Products and Chemicals, Inc. (Air Products) for several large high-pressure brazed aluminum plate fin heat exchangers (BAHX). These heat exchangers will be used in an Air Separation Unit (ASU) in Air Products’ new contract with Wison (Nanjing) Chemical Company Ltd. Delivery of these heat exchangers is expected by the end of the first quarter of 2006. Once installed, these brazed aluminum heat exchangers will produce and supply more than 1600 tons of oxygen per day to Wison’s new carbon monoxide and methanol plant located in the Nanjing Chemical Industrial Park (NCIP), Nanjing, Jiangsu Province, China. The new heat exchangers will contribute to Wison’s ability to supply carbon monoxide to Celanese, a world leader in acetic acid production. Acetic acid is a basic chemical used in paints, adhesives, plastic bottles, foods, construction materials and many other products for the growing consumer markets. Chart’s history and good standing position in serving
the chemical industry, as well as other industries in China, are further
enhanced with this new contract. 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. For more information, visit www.chart-ind.com. Contact:
For additional information regarding these or other Chart press releases, please contact our Corporate Executive Offices at 440-753-1490. |
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