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NEWS RELEASE

FEROX AND CRYO AB TO JOINTLY MANUFACTURE AND MARKET CRYOGENIC SEMI-TRAILERS

Decin, Czech Republic – November 10, 2005 – CRYO AB (“CRYO”) located in Sweden and Ferox a.s. (“Ferox”) located in the Czech Republic have agreed to jointly manufacture and market cryogenic semi-trailers.

The semi-trailers will be built to the proven, high tech design of the CRYO Gungner trailer. Ferox will supply major components of the trailer. Final assembly and finishing of the trailers will be carried out by CRYO at their works in Gothenburg, Sweden. Sales and marketing activities will be performed separately by CRYO and Ferox; however, both companies will offer the same semi-trailers.

With this cooperation agreement in place, the extensive cryogenic experience and know-how of both CRYO and Ferox will be utilized to produce world class cryogenic semi-trailers. The trailer design will focus on maximising the payload for the different countries in which the trailers will be offered.

Ferox is a majority-owned subsidiary of Chart Industries, Inc., a leading global supplier of standard and custom engineered products and systems serving a wide variety of low temperature and cryogenic applications. Chart has an international manufacturing and engineering presence in the United States, Australia, China, the Czech Republic, Germany and the United Kingdom. For more information, visit www.chart-ind.com.

CRYO is a wholly-owned subsidiary of Linde Engineering, a market leader in the design and construction of plants and associated equipment for air separation, ethylene and hydrogen production and natural gas liquefaction as well as for pharmaceuticals. The headquarters and manufacturing works of CRYO AB are located close to the harbor in Gothenburg, Sweden.

For more information on this cooperation, or to receive information or offers for an airgas or LNG semi-trailer you are invited to contact:

Hans Lonsain, hans.lonsain@chart-ferox.com, tel. +32 497 500 074
SvenAke Jarnskog, sven-ake.jarnskog@cryo.aga.com, tel. +46 31 64 69 17

or your local CRYO or Ferox representative.

Contact:
Jason J. Curtis
Corporate Director of Marketing
Chart Industries, Inc.
952-882-5167

 

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  First Reserve Acquires Chart Industries in $460 Million Transaction
  Chart Ferox to Deliver the Largest Shop-Constructed Vacuum Insulated Tanks in the World
  Chart Industries Selected By Air Products And Chemicals To Supply Heat Exchangers In China
  Chart Announces Price Increase On Bulk Storage Equipment
  Chart Biomedical Group Announces 3% Price Increase on Cryobiological Products
  Chart Industries Delivers its 200th Orca System
  Chart Industries, Inc. Announces Agreement to Sell the Company to First Reserve Corporation
  Chart Announces an Agreement to Supply Cryogenic Railcars to Air Products
  Chart’s BioMedical Group Achieves ISO 13485:2003 Certification for Medical Products
  Chart Industries Expands Production Capacity
  Chart Industries Selected by Air Products and Chemicals to Supply Heat Exchangers
  Chart Announces Construction of the Largest Tank in its History
  Chart Industries Awarded Large Vacuum Insulated Pipe Order for Freeport LNG Project
  Chart Announces Acquisition Of Chinese Cryogenic Equipment Manufacturer CEM
  Chart Announces May Surcharge and Product Pricing Updates
  Chart Industries Selected By Overseas Bechtel, Inc To Supply Heat Exchangers

For additional information regarding these or other Chart press releases, please contact our Corporate Executive Offices at 440-753-1490.

 

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