Chart Industries, the leading US equipment-maker for LNG and industrial and new energy projects, has signed a memorandum of understanding to supply liquefaction process technology, associated equipment as well as a series of fuelling stations for another US company.
Chart said its deal was with BNG Clean Fuel Corp., a private company focused on the delivery of scalable infrastructure solutions for the production, storage, and delivery of hydrogen fuel to the power, marine, rail, oil and gas, mining and transportation industries,.
“Additionally, the companies will collaborate to develop further industry relationships with customers in the end-use industries described above to utilize BNG’s ‘hub, spoke and wheel model’ facilities for hydrogen production, virtual pipeline networks, bulk cargo shipping, and fuel dispensing stations.
Chart said that while no orders had been booked relating to this MOU or project, they are anticipated to be booked in 2023 and 2024 for both the equipment and process technology scope.
BNG is focused on its their Denver H2 pilot hub with dual-22 ton per day capacity hydrogen liquefaction facilities, a centrally located storage terminal, 10 liquid hydrogen stations, tankers and mobile fuelling equipment which will be provided by Chart.
“BNG is taking a pragmatic approach to scaling of the hydrogen economy, with a focus on the hub and spoke model starting in North America,” stated Jill Evanko, Chart’s Chief Executive and President.
“This MOU brings Chart’s extensive technology and equipment experience to the project. We look forward to supporting BNG’s endeavours to deliver another option to the hydrogen end-use market,” it added.
Eliot Barton, CEO of BNG Clean Fuel which is a privately held Delaware Corporation based in Aurora, said he was pleased with the deal.
“In partnering with Chart Industries, BNG has aligned with a recognized global leader in the manufacturing of the highest-quality equipment in the industry,” said Barton.
“This relationship will help solidify our capitalization efforts and attract additional key partners to ensure the success of our first hydrogen hub and rapidly develop other planned regional markets,” he added.
