- Chart Industries, Inc. GTLS has been notified of its U.S. Department of Energy funding award for Sustainable Energy Solutions (SES) Cryogenic Carbon Capture (CCC) technology. The DOE funding for this project is ~$5 million.
- With the funding, the company's team intends to design, build, commission, and operate an engineering-scale CCC process at Central Plains Cement Company LLC's cement plant in Sugar Creek, Missouri. Central Plains Cement is a wholly-owned subsidiary of Eagle Materials Inc. EXP.
- Also Read: Chart Industries, FLSmidth Collaborate On Carbon Capture Technology
- Price Action: GTLS shares are trading higher by 3.26% at $195.79.
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