Chart Industries Inc was incorporated in Delaware in 1992. The Company is an independent manufacturer of engineered equipment used throughout the liquid gas supply chain for the production, storage and end-use of hydrocarbon and industrial gases, based on its sales and the estimated sales of its competitors. The portion of end-use applications for its products is energy-related, accounting for approximately 53% of sales and 52% of orders in 2013, and 73% of backlog at December 31, 2013. Its equipment and engineered systems are mainly used for low-temperature and cryogenic applications. The Company has developed an expertise in cryogenic systems and equipment, which operate at low temperatures sometimes approaching absolute zero (0 kelvin; -273° Centigrade; -459° Fahrenheit). Its products include vacuum insulated containment vessels, heat exchangers, cold boxes and other cryogenic components. The Company operates in three operating segments: Energy & Chemicals or E&C, Distribution & Storage or D&S, and BioMedical. The E&C and D&S segments manufacture products used mainly in energy-related and general industrial applications, such as the separation, liquefaction, distribution and storage of hydrocarbon and industrial gases. Through its BioMedical segment, the Company supply cryogenic and other equipment used in the storage and distribution of biological materials and oxygen, used mainly in the medical, biological research and animal breeding industries.Its customers are multinational producers and distributors of hydrocarbon and industrial gases and their suppliers. The Company sells products and services to more than 2,000 customers. Its customers include Air Products, Praxair, Airgas, Air Liquide, The Linde Group or Linde, Bechtel Corporation, ExxonMobil, British Petroleum or BP, ConocoPhillips, PetroChina, The Shaw Group, Toyo, Samsung, UOP, Shell, and Energy World Corporation or EWC. The Company has an established sales and customer support presence and low cost manufacturing operations in the United States, Central Europe and China. Its products and technologies include Core-in-Kettle, ORCA MicroBulk systems and Trifecta Laser Gas assist systems. Its operations currently include the handling and use of hazardous and other regulated substances, such as various cleaning fluids used to remove grease from metal, that are subject to federal, state and local environmental laws and regulations.
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