- Chart Industries, Inc. (NYSE:GTLS) has signed a Memorandum of Understanding with The Agricultural Gas Company (AG Gas) to collaborate on marketing CO2 enrichment solutions to the agricultural market.
- The companies will collaborate in marketing technology that promotes bigger harvests and improved water-use efficiency using excess industrial CO2.
- The patented AG Gas technology enriches the plant canopy with carbon dioxide (CO2), one of three key components of photosynthesis, along with water and light.
- "Agriculture represents a huge opportunity to utilize captured industrial CO2 and is also an effective use of CO2 captured using Chart's carbon capture technologies. The AG Gas and Chart partnership is a great example of the Nexus of Clean™ in action – bringing together sustainable solutions for food, beverage, water efficiency and CCUS," commented Chart CEO Jillian Evanko.
- Price Action: GTLS shares are trading lower by 1.33% at $207.06 on the last check Thursday.
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