Chart Industries Distribution and Storage Group (Chart D&S) Announces January Product Pricing Update
Atlanta, GA - January 8, 2019 - Chart Industries, Inc. (NASDAQ: GTLS) announced that effective immediately prices for bulk storage tanks, packaged gas products and beverage bulk carbon dioxide (CO2) systems will be increased by 10 to 12% globally. This increase is in response to the escalation in costs of base-metal pricing and surcharges for stainless and carbon steel, as well as increases in the cost of components, labor and electricity. The increases are subject to any contract pricing agreements already in effect. Chart is a leading diversified global manufacturer of highly engineered equipment for the industrial gas, energy, and biomedical industries. The majority of Chart's products are used throughout the liquid gas supply chain for purification, liquefaction, distribution, storage and end-use applications, a large portion of which are energy-related. Chart has domestic operations located across the United States and an international presence in Asia, Australia, Europe and Latin America. For more information, visit: http://www.chartindustries.com.
Chief Executive Officer