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Chart Industries Invests $15 million in Svante Inc. and Signs Commercial Carbon Capture MOU


Chart Industries Invests $15 million in Svante Inc. and Signs Commercial Carbon Capture MOU
Chart Industries Invests $15 million in Svante Inc. and Signs Commercial Carbon Capture MOU
VANCOUVER, British Columbia and ATLANTA, Feb. 02, 2021 — Svante Inc. and Chart Industries Inc. (“Chart”) (NYSE: GTLS), a leading global manufacturer of liquefaction and cryogenic equipment for the energy and industrial gas markets, have entered into a binding commercial Memorandum of Understanding (“MOU”). The MOU establishes how the companies will explore commercial opportunities as channel to market preferred partners and collaborate to develop an integrated carbon capture solution using Svante’s rapid adsorption technology and Chart’s cryogenic carbon capture technology to make high-purity CO

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