Chart Industries Inc. has announced the completion of an investment in Transform Materials in the amount of US$25 million for 5% of its equity. Transform Materials is a sustainable chemical technology company that uses microwave plasma to convert natural gas into acetylene and hydrogen. Its highly selective, cost-effective, net-carbon-negative process…
Chart Industries has made yet another move in the emerging hydrogen economy, having yesterday (31st March) completed a $25m investment in Transform Materials for a 5% equity stake. Based in Florida, Transform Materials uses a highly selective, cost-effective, net-carbon-negative process converts the methane in natural gas into high-value products suitable…
Chart Industries has acquired 5 per cent ownership of Transform Materials, a U.S.-based technology company that uses microwave plasma to convert natural gas into acetylene and hydrogen. The process that this sustainable chemical technology company uses is selective, cost-effective, and net-carbon-negative and it converts the methane in natural gas into…
Chart Industries, the US LNG and industrial gases equipment-maker, said it had competed an investment in a US company called Transform Materials. Transform Materials is a sustainable chemical technology company that uses microwave plasma to convert natural gas into acetylene and hydrogen. “Its highly selective, cost-effective, net-carbon-negative process converts the…