Chart Industries, AG Gas Team Up For CO2 Enrichment In Agriculture

Akanksha Bakshi
·1 min read

  • 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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