- Chart Industries, Inc. (NYSE:GTLS) and Hylium Industries, Inc., a liquid hydrogen technology company, signed a Memorandum of Understanding to establish a joint venture and associated supply agreement to design and produce liquid hydrogen trailers for the Republic of Korea.
- Hylium also placed a purchase order for three liquid hydrogen trailers. The financial terms of the arrangement were not disclosed.
- As per the agreement, the trailers will be designed and produced for sale in Korea through Hylium, including obtaining and maintaining all applicable government certifications, approvals, and registrations required.
- Price Action: GTLS shares traded lower by 0.36% at $168.19 on the last check Thursday.
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