go outlook through our third results Good and XXXX. XXXX for our everyone Thanks you Kevin. for to morning quarter current thank and joining today us
Joining integration. Bishop, me Officer development, responsibility for Chief relations, business who and has Operating business today services, investor John Chart acquisition our is
the hear of in You’ll of our the efforts number timeframe of update cost an Air-X-Changers, original John XX still integration first $XX of both on months Air-X-Changers progress million, a the synergy within our from VRV of revised to including the original assumptions and later call million ownership. about $XX on
telling of our many was underscored which this Starting with on are represents We’ll by supplemental Slide us presentation walk opportunities, released driven through our X, our profitable about how to that this are customers business morning. growth. we what think
in We circle. through the are markets E energy end supported by focused our A the elements and on industrial gas around
years, fuelling LNG the is the of over as our out. the scale today. as XX associated activity hear stations, the global to transportation well The A growth build is you’ll about Letter for seven focus business which machine LNG small and infrastructure next
infrastructure quarter, on directly a our leaders with our LNG including with two India. development. Indian solutions, to AG&P the previously signed innovative the In globally third develop network gas the IOCL, with our focus we and well our as of technology working process signed is are city B an MOU with we upfront engineering as design. Letter MOU in With now
the towards customers of the we our only in updated to third listen certain leaps are XXXX and timelines With reason order represents C from FID bullish for Letter quarter, you through this pipeline big LNG. some on call.
compared are We underway Driftwood Calcasieu Tellurian’s with an project work, assumed years. up for to originally we Pass excited revised cycle beyond timing that recently extended the have three our
will dollar going business much of the address course, but core to Of billion I’m parts listen to make question of you the how we is the left, FID first.
What of part growth is driving our long-term distribution is that our business. the underlying agreements. Letter This business gas commonly and about storage missed D customers industrial the the are on machine is
particular situation, uncertainty, industrials XXXX part of trade ongoing are macro in in underlying the because the confident is LTAs. sentiment these we While toward forecast in in of for our broader light industrial
million. In The $XX quarter, the to with customers of top we agreements. customers completed revenue extend our these our is on two associated with two total negotiations three annual third average
be will about until in in which markets gas space industrial with discussions to progress the significantly has later signing in up are consolidations customer long deck. industry. term grown agreement, specialty this we in recently the Additionally, would another the through a who on fantastic I customer this first hold the
the circle, E. close to Letter Finally
sourcing cost $X of productivity. You on through of synergies XX/XX focus driving of savings million, integration, of of heard our drumbeat over continued
which year-to-date have in and All of seen part our will synergies, will we over XXXX. of in savings million fully to XXXX, of achieved $XX integration cost as of this annualized culture addition continue be all
savings the in QX us XXXX. today you we with share see of will additional We cost ahead
as markets, Slide the LNG strong support themes by X. continued book in order Macro and build specialty particular on driven shown our globally infrastructure
growth I quarter’s levers quarter, which $X million-plus the call, to As pleased received Fin-Fans, orders greater we orders we In eight broad-based multiple $X am I have receive demonstrates E&C and support with within a on multiple mentioned in Cryo, pull and million last earnings when and E&C third in our XX East. each the than quarter, D&S organic nine we to growth. West, D&S
Also third coolers award application, expanding $X.X produces quarter quarter, to within orders for $XXX.X last shale $X received on related and hydrogen an order we of name few. Pass The hydrogen a for for cooler Venture a a pipe exchangers. content $X.X of and million recovery for is order the of a an with applications, to $X.X air Global’s quarter equipment customer air system the part million million included our that in Calcasieu on day plant, heat project. one for million to tube a a just IMB, a order This million VRV million the the space $X.X ammonia
order period ship third quick as $X.X application X.X% in as launch an which D&S in $XX up space The E&C XXXX, West. orders well included same quarter over million of order a million the were
the award plant has in the Caribbean. project started a yesterday with of for off on verbal a power right receipt Fourth foot quarter $X million
notice in we third separation the remaining full fourth the to Additionally, expected given. project to be awarded were PDH for was in a proceed million system quarter for $X.X $XX booked is which the is once million quarter a booked and
XXXX order Fin-Fans, of highest E&C the trends our September for which the quarter of E&C was outlook. and well month Cryo
major quarter industrial indicator our how growth. leading Additionally, of XXXX September month with highest the for orders we think about the gas for customers, a was
a increase In leading third were $XX.X the gas in orders packaged over of XX.X% As for and that quarter, the we over million, have QX an increase said D&S an of past, XXXX business. gas in X.X%. rest of indicator the QX is packaged
majors growth X% anticipate the before in as We our specialty any XXXX baseline of growth. indicated higher industrial by market gas
quarter quarter of market in hydrogen. same XXXX, second market million activity total the XX% our quarter with year, were million levels $XX and the revenue XXXX Specialty prior record X% million. of were XXXX backlog than record than higher higher of quarter the to specialty XX% order to Third sales of and in orders million. than total contributes $XXX.X higher our contributing XXXX This of lasers QX the of $XXX $XX order
Slide LNG build-out X, to decade. projects LNG world. global the significant of next will continue to chain. global where are play our LNG around XX countries in the you we impact we the infrastructure over about the pursuing across value related business we hear how Flipping in see growth Currently, today, the will Throughout nature positively
that LNG opportunities discuss both and Before into including go trailers. scale countries terminals, how we impacts and the fueling small the stations transportation, let’s are and intending over LNG to and utilize order marine associated Chart, how in these road, strength
XX year-to-date of requires HDVs driven the this heavy by with XX year-to-date from Union booked been quarter three compared compared third XX by total XXXX standards was duty contributed third of in European new XX% for carbon only XXXX. Much to quarter reduced reduction The vehicles LNG increase emission quarter for to XXXX. The of to XXXX orders The year dioxide in earlier to record the fueling in station presenting new regulation activity quarter the XXXX. for by of emissions fueling strong be our a stations orders third stations year. has this
to stations a Sweden. new energy XX fleet were that early of to that for company Bisek-Asfalt’s fourth industrial of the within the and shared end provides in in ceremony The an of the expects duty a Nordics XXXXs. network Bisek-Asfalt, construction September, opening station was and the terminal heavy by trucks the vehicles LNG to XX by opened shared filling At he our the complete ability to new has opened at products months. notable Poland including and company, next the station fueling company next in LNG that a XX expand services. Chart’s to is there technology company’s the create due The the that Gasum its Chart and chairman Within quarter, stations solution, Gasum, to also installation opened with multiple planning Nordic tender won equipment process. servicing. supply supply
a the India. the stations in fueling module be While by are quarter, stations CNG requirements natural stations in stations two many our gas Of XX cover were of to third for complete the built of vehicles. LNG, also equipped being spectrum can LCNG with booked powered Chart the
also sole with source to LNG year, road two the over business. fueling signed Earlier station truck trucking LNG duty our to infrastructure solutions. we this for our manufacturers contributes we’re heavy our on growth this partnering in new long-term Fueling and tanks agreements with application customers
Italy begin and in XXXX, months our vehicle line seven the to there the cost even end production of European quarter lead of customers are of from and tank we our Additionally, serve a better which expect our development will first HLNG time standpoint. into by
the highest of tank than vehicle LNG the quarter year. second of and higher were Third XX% quarter XXXX the orders quarter
for gas. with order powered X, river-to-sea activity systems applications that fueled marine part Also by being used in marine proximity earlier we of in up LNG follows Gloryholder first two supply this fuel a be Donsötank. the IMO was Rederi contract that tankers in This China. part contract third Shipyard Wuhu clean LNG with were for picking the LNG for to the built quarter, to the marine LNG is four quarter power fuel in for Engineering our January gas burning natural fuel tankers systems regulations. tanks an awarded gas will LGM’s their LNG supply XXXX driven will AB year This In LGM two pace by the chemical around tanks of ships
apparatus core cold flow technology innovative is the with onboard our section an systems LGE, utilized designed Continuing rundown bottom at Babcock in that heat in customer, the re-liquefaction will exchanger This LNG engineering or Ecosmart LNG on that competency, into conditions. in Babcock prevents oil Chart’s conjunction LGE’s vein ships. have for the low be we of
this. a to with We pleased Babcock on joint be filing application patent are
to re-liquefaction with what with of to Babcock part braised carriers ensuring each package. we supplies around exchanger the LNG is heat of LNG the to .As skid-mounted X.X% day critical new cargo assist with for economics per in being used average Babcock, our voyage transportation. aluminum their the XX boil-off of performance vessel Ecosmart preserve Cargo build days an package offer best onboard the be we in
to applications for trailers. demand our drive Transportation continue
orders XXXX example As continued through and as the you year-to-date quarter for XXXX trailer orders. ahead trailer may our year-to-date of remember, XXXX was demand, the record of order a an the year of are third Chart
I’d a about We that we activity, containers underway. Europe’s tenders generators global service. armed to for anecdote recently with tank LNG infrastructure €XX global Before the move like for strictly fuel give two quoted the for over to in magnitude for on and just million of pumps country other is build-out an forces
gives a would XXXX this us. for worldwide sense you be opportunity award, it the a While of
EU heard, emissions the infrastructure development. standards is energy reduction just clean you certain As regulatory driving
trend decarbonization subset this We the X and are in that world across also a seeing body government governments demonstrates and regulatory future. visual of position a on taken a globe. that increased have countries cleaner the Slide interest is a around
potentially small as On far scale are LNG we plan, LNG of they fields should working of monetization in slide with Philippines Guinea are countries: high containers Papua as growth gas national received the side They LNG their for they indicating power Japan, that as right-hand energy stranded well which Recently modularized master Papua from considering a New reach-out Vietnam. develop the of New transportable generation. for and us government shipment. the Guinea, include interested are
billion in from plant. that would southern The The $X most one at and XXXX to import intent Thuan Vietnamese reach Vietnam facility looking Binh year public country’s of LNG million power tons per terminal United this the LNG gas-fired an import demand is which total the States. estimated a the include would is province government proponents XX LNG project by of with the is
with working of companies, Energy are in the Capital to Vietnam, consortium members We a development. including participate of
station currently with bidding the our applications are re-gas isotanks, offerings. and variety of a We in downstream trailers, on region
imported in LNG customers is generation. well power multiple companies visited world. by sectors only recently the support that Chiyoda, potential plants, action Marubeni, the years such for customers would and billion underway and and to just This Gas, September, Not receiving would encourage Now terminals and XX and Osaka Toyo, has $XX use there, be of LNG is LNG Osaka. public Tokyo invested with the as intent around onto processing JGC, over Jera. I In and funding Japan. private Japan announced broader
year. Gas and are these LNG, companies the million can that some and noteworthy three could of in work over Bangladesh the units as charge as with land-based X shortlisted into original of and from Petrobangla country those re-gas and companies, mentioned, It for spot imports LNG are Speaking terminal of including the tons which Osaka two Bangladesh building purchase and of next also we for LNG is a X.X Mtba XX Petronas, half set of storage shortlisted companies of XX Currently is well handle Marubeni, has XX. LNG. Jera, an Chevron. they shortlisted floating that Cheniere, currently of of
course, India perspective order the specific macro to a both from as of gangbusters region. And our continues go as LNG activity well in
Just this number increase $XX for we X,XXX of spend next vaporization X,XXX received increase India an over gas city the networks of another in on a to the an morning, fueling stations for order expects years LCNG billion eight the in India today. million and $X in synergy package. of includes distribution from
expansion. quarter, have awarded proven IOCL their us and with IOCL be MOUs AG&P the Our cold In box for refinery to third Panipat the already. effective
specifics our stations six Bishop and integration Air-X-Changers potential in us update India will shortly. VRV more around our discussed share awarded has AG&P Additionally, India. he when CNG
continuing activity well import self the looking LNG geographies to or both as All be natural as supply for local on the support of to this gas. infrastructure need those sufficient underscores either
Let’s activity segue into big we are Slide flipping X. small scale in LNG and both seeing by to what
electricity oil continue exponentially on XX% between order generation. years, of count diesel in coming growth expected more XX% scale the rely them on nearly and their small all currently to oil imports be of to for and or months. power scale XX in to needs increase countries XX for Over small next we the expect terminal rates XX% With than
compared as prior the XX. XX on table the potential shown X, are projects to On now there Slide
some I’ve said to many shown but the projects over of are not total a bid to projects on full potential times is three our is being this in I’ve market today. set here select order content you the million. sharing specifics. projects the give for more that As The before, we of $XXX give you these Chart sense bolded possibilities
Jacksonville as Department on exports export Eagle to LNG six from October of the from plans On the construct as issuance environmental late project, received of the facility. domestic X, to fuel. LNG as announced The also impact shipping market the scale serve slide. a the the FERC project quantifies well provide Eagle Energy approving order an number in small final the of September LNG and Eagle Jax statement
received Number is Caribbean nine the order verbal slide for we on a the power project plant yesterday. which
and jacketed European and systems, pipe re-gas out both of U.S. tanks, supply will We vacuum our locations.
where not limited. cheap small regions and LNG Finally, is much appealing. with for Mexico, is is The coming of cost LNG, than region Mexico Texas, seen road of infrastructure the in the distribution Much is but gas rather natural surplus is There the Caribbean, users per opportunities pipeline customers base . this LNG liquefy is is over and we in end to a industrial what and with multiple projects working an but generation, gas. is very of ripe power just existing various market proposing diesel our small instead the virtual of we and Row the equivalent. us plentiful customer importing progress. in from believe XX applications scale stages pipeline to Natural western complexes, transportation delivery is region offshore, but mining base one customer the in growing have XX like demand for the as has as less Mmbtu
Calcasieu the project discuss then past Row Golar room, is much updates first on in the Starting how I’ll on cycle? LNG, FLNG are X, Pass in big to revenue Venture which be moving schedule, September. million of booked we remains XXXX through $XXX awarded project The the and received to was project first people of group small project. and in in with Based asking, has track XXXX, on Global’s on XXXX [indiscernible] in XXXX the It XX, this final from air E&C XXXX. for with of our March over $X.X we current just of Fin-Fans projects notice coolers of fourth a on XXXX. schedule revenue million pipeline on has shift XXXX. which the the in September in in Slide the the for our go shown project in revenue noted should project on proceed the X, to anticipate half five Now which elephant the into Row Gimi quickly from remaining order timing we X QX anticipate a as that also moving we complete quarter FID
MOU per into X, equity investment. entered increasing and expanded investment a Moving Tellurian to or to project, Phase XXXX This Row annum, in further $X.X shown the their expected an in of Mtpa Driftwood to get LNG only per Driftwood which tons brings momentum Tellurian’s billion in half tons X FID with project X, first or now X Petronet annum XX.X to FID. million million of the toward is remaining
in While it up for Driftwood cycle our years inclusive of updated LNG number impacts Calcasieu potential, our LNG big and, Pass LNG big of the in our equipment the in schedule XXXX number the begins the years, delivery XXXX change big extends revenue upside with project of XXXX. of cycle up the so extends through timing, cycle given our
XXXX. move X we Christi Row FID Cheniere’s Corpus in is which X estimate Stage to project, to
a have this for conservative revenue on We potential XXXX slide. shown very
projects. as projects thoughtfully Cheniere with scheduling, always, diligent delivery their ahead very moves on-time evidenced As of its by prior
in Cheniere that expected to of September, supply Cheniere period with this early XX Cheniere completed is indicated transaction XXXX. in Additionally Corpus approximately a sell X. EOG Resources. beginning natural EOG gas agreements Stage Christi gas has support to has over agreed years, to
as well Express slide September received gas affiliated Global’s for is FERC the system. approval project. as VG Plaquemines XX, building pipeline Row On the on natural of Plaquemines X the Venture Gator
of Plaquemines. DOE the issued exports approving LNG from yesterday the Just order
tons X.X Plaquemines. per PGNAG from has already a As committed annum reminder, million to
In of project to already traditional LNG is big which Slide first to commentary will to shown. six Energy in five I quarter, Vietnam discussion. X, list, which third first we On Vietnam. the discussed in opportunity move our announced Magnolia-related each, directly the provincial off Bac FERC conjunction which a of to the for with Instead with its Delta if we cooled Mtpa tons the to of sheet government annum, ahead exchangers. air number binding original million X work and links SPA have and and per Offshore of LNG is the Magnolia’s intent take executing MOU to LPD just capacity term with adding Lieu request project X.X gas pursuing could Mozambique increase cryo their become The approves XX% heat the treatment, for the the wall storage, moving Exxon terminal. the opportunity is are
off two Chart continues international IPSMR brings in also team. for process our to steam validating their new that oil have on IOCs us after process validated third work the credibility projects of quarter three to to with our technology. with companies takers project use gather years utilizing the brings and in This
efficient. Additionally, future we see making larger opportunity starting existing a to are for facilities more
need low As LNG lower to current there costs. becomes processing cost retrofit find With competitive, to and creative contribute pricing more more fairly approaches terminals ways operators. to many from ways that at to will believe existing are our equipment, will more we
through two by side were XXXX. pace, How the in the much will timelines, With that projects XX shows in the shows of through to three-year additional and X% predicting XX online XXXX equipment ranges Slide in XX with which The we the LNG between slide this XXXX. of FID ordered years must brought had project market had X% on XXXX year supply XXXX growth projects XXXX. brought in months. online CAGR X left-hand capacity continued supply the XX XXXX FID these next We the and remains? supply outpace XXXX. record At and
there to a misperception this that FID is finite happen. best think is way there is out The a amount of will that about there
game. initial talking right train first a thereafter commercial the ball, ago XX-year going break While speed Elba cold or meaning remember use, market there a weeks be service. used long quarters of of through to XX certainly and to their a By is proposed competition now Morgan the week our into went that QX facility into the make happy from perspective, to about commercial liquefaction you FERC in in towards FID can some view a is naysayers couple to XX example, the length permit to in issued X.X encourage boxes we’re of you LNG Kinder XXXX. to was one first would authorization and projects, that just will Island XXXX, through put project. of than a in renovate we a these XXXX at export and Mtpa Twenty facility FERC trains granted and received Island of on approval to of cycle. the and the so import Elba have of come facility, type sense XXXX, how originally more the longer approval this for The of booked time projects in authorization Shell. project Chart in are a may get DOE I and The online re-commission longer big up with XXXX,
made, I’ve agreement spaces, we specialty so the to on growth above-XX% already sense have gas move given XX. on progress markets Slide the our you a let’s long industrial of term
quarter from applications continue relatively performing, the small new multi-billion starting increase solutions will that Slide adoption speed Obviously utilization our to efficient end these the so a and Let by potential included, of done economic products past, the on represent pieces increase potential applications. size we users’ spaces, have products QX our the asked reiterating higher a and of have and are $XX dollar these are of of in in more the base, XX. Many our over market the John we order for XX% sharing so million, me specialty XXXX. of strength of you in market start more these are many third in these the but of us while for
take is record forward of late, some nine generation, of seen and meaning first each. sense? to markets moment let QX, of Hydrogen market elements have said, abundance of one the in of industrial we of does Since related in of power have decades transportation. XXXX, for hydrogen-related that levels projects for size months lasers a the we and in describe really order me those processes, how Well had to hydrogen that move an the we make play people
cost increase the in XXXX. predicting in demand $X.X trillion Hydrogen and and policies hydrogen the declining renewables government sales by With by of decarbonize, Council to is an XXx
quarter passenger about associated call, talked stations to cars in we FCEV first particular this our and are we off, on earnings taking predict and in As continue. California,
Our large have already. gas and over fueling Liquide involvement Air has hydrogen built industrial have customers stations multiple over Air XXX XXX in Products built fueling projects.
Regarding therefore features lasers, XX to we tank deliveries, just in automated engineering and fast-growing filling leader. to example dual vent receives time benefits includes minutes continue having again of faster this The customer product. help processes, up installed which excellence [indiscernible] purpose wastes trailer pump and a innovation capable process without in delivery to and venting be The of delivery capability, can delays market. including standardize example it traditional XXXX applications fill another our new take an technology prototype tanks An to our them. is of laser
specialty we systems added have Our Since applications systems recent In these are expand in you municipalities odor opportunities first oxygen applications. we have primarily to months, oxygen to continue markets for States of which and disinfection. seen the group United for across water and treatment ozone the the COX quarter, exploring we introduced
for order an received Denver in have already have from water treatment system queue and other the a municipalities. of several City We with others
John our significant our our take how and within from in made through markets our in demand conviction our acquisition already of progress margin expansion perspective, a business you is sense organic up XXXX and a setting will the have integration. you Now
