US LNG Equipment Maker Chart Acquires Stake in Transform Materials

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 methane in natural gas into high-value products suitable for direct use or downstream reactions,” said Chart.

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