Published by Todd Bush on June 15, 2023
CALGARY, AB, June 15, 2023 /PRNewswire/ - Chart Industries, Inc. (NYSE: GTLS), a leading global engineering design and manufacturer of highly engineered equipment servicing multiple applications in the clean energy and industrial gas markets, today announced the furthering of its partnership and contract with Calgary-based cleantech startup, Kathairos Solutions, which already included Chart's MicroBulk tanks to now include products such as Orca™ Delivery Systems. The two companies have agreed to extend their contract for a minimum of two more years.
>> In Other News: Volaris Joins an Investment Agreement to Accelerate Sustainable Aviation Fuel (SAF) Production Through Cleanjoule
This increase in the scope of our partnership was initiated due to the positive feedback from the market about their combined solution being effective and easy to operate and the resulting rapid adoption and scale rollout of industry leading companies.
To date, our combined solution has helped to mitigate 21.69 million standard cubic ft (SCF) of methane emissions and eliminated 20,132.55 metric tons of CO2 equivalent emissions from our customers' operations.
"With our customers' aggressive plans to eliminate methane venting from their wellsite operations, this agreement with Chart ensures Kathairos will have the capacity to meet oil and gas industry targets for methane reduction by deploying tens of thousands of our proprietary nitrogen systems throughout North America over the next few years," said Dick Brown, Kathairos President and CEO.
"In anticipation of pending methane regulations, we expect there to be significant increase in demand for the Kathairos services and we wanted our companies closely aligned in order to meet and exceed the market's needs as they look to decarbonize the oil & gas sector," stated Jill Evanko, CEO of Chart. "Together, we will continue to collaborate to help our customers meet their ambitious methane elimination targets and meaningfully advance their net zero goals."
Chart Industries, Inc. is a leading independent global manufacturer of highly engineered equipment servicing multiple applications in the energy and industrial gas markets. The company's unique product portfolio is used in every phase of the liquid gas supply chain, including upfront engineering, service and repair. Being at the forefront of the clean energy transition, 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 (ESG) issues both for its company as well as its customers. With over 25 global locations 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
At Kathairos, our name means 'clean air.' We are proud to champion imperative solutions that support today's evolving energy industry, and the people and producers working tirelessly toward a cleaner, greener barrel. Through our revolutionary liquid nitrogen-powered field technologies and world-class carbon accounting and reporting tools, we're on a mission to eliminate methane emissions from more than 400,000 remote well sites across Canada and the US. Learn more at www.kathairos.com
SOURCE Kathairos Solutions
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🚢 Clean Fuels, Clear Skies: How Maritime Shipping Is Turning to Hydrogen, Ammonia, and Carbon Capture 🧪 Carbon Capture Could Become Practical with Scalable, Affordable Materials ...
Inside This Issue 🗑️ The Next Big Thing in Carbon Capture? Trash. ⚡ Hydrogen Hope on the Chopping Block: How ARCHES and Other Blue-State Projects Got Caught in the Crossfire 📊 GEP Expands Carbon D...
Inside This Issue 🔧 America Bets Big on Blue Hydrogen: Inside the Engine Revolution Backed by Top Institutions 🤖 Bringing AI to Carbon Capture: How Imperial College is Revolutionising Plant Operat...
Carbon Capture Could Become Practical with Scalable, Affordable Materials
Researchers can pull carbon directly from the air using changes in humidity, now with inexpensive materials The Problem Atmospheric CO₂ continues to increase and, despite considerable worldwide e...
Frontier Signs Deal to Remove 100,000 Tonnes of Carbon Emissions from Garbage Incineration
Frontier, a carbon removal buyer coalition, announced that it has facilitated purchases of 100,000 tons of carbon removals to be generated between 2029 and 2030, through the abatement of emissions ...
ClearSign Technologies to Present at the LD Micro Main Event XVII
TULSA, Okla., April 4, 2025 /PRNewswire/ – ClearSign Technologies Corporation (Nasdaq: CLIR) ("ClearSign" or the "Company"), an emerging leader in industrial combustion and sensing technologies tha...
Zefiro Founder and CEO Appears on Orphan and Marginal Wells Panel in Fort Worth, Texas Led by JPMorganChase Head of Operational DecarbonizationThe annual event, which is hosted by the Neeley School...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.