Chart Industries' IPSMR® Process Technology Delivers First LNG at New Fortress Energy's Fast LNG Project

Core Insights - Chart Industries, Inc. has successfully delivered its Integrated Pre-Cooled Single Mixed Refrigerant (IPSMR®) process technology, marking the first LNG production at New Fortress Energy Inc.'s Fast LNG asset in Altamira, Mexico, establishing it as the fastest large-scale LNG project ever developed [1][2] - New Fortress Energy's Fast LNG design integrates Chart's modular liquefaction technology with offshore infrastructure, achieving a production capacity of 1.4 MTPA (approximately 70 TBtus), which is crucial for supplying low-cost, clean LNG to downstream terminal customers [1][2] Company Overview - Chart Industries is a global leader in designing, engineering, and manufacturing process technologies and equipment for gas and liquid molecule handling, focusing on clean power, water, food, and industrial applications [3] - The company offers a diverse product portfolio used throughout the liquid gas supply chain, including liquefied natural gas, hydrogen, biogas, and CO2 capture technologies, with a commitment to environmental, social, and corporate governance (ESG) [3] - Chart operates 64 global manufacturing locations and over 50 service centers across multiple continents, ensuring accountability and transparency to stakeholders [3]