New: Introducing the Finviz Crypto Map

Learn More

Chart Industries Selected for Amigo LNG Project with IPSMR Technology

By Maham Fatima | July 28, 2025, 11:11 AM

Chart Industries Inc. (NYSE:GTLS) is one of the most undervalued stocks to buy and hold for 3 years. On July 11, LNG Alliance Pte Ltd, which is a provider of LNG export terminal infrastructure and supply, announced its decision to use Chart Industries’ IPSMR (Integrated Pre-cooled Single Mixed Refrigerant) process technology and modular liquefaction solution for its Amigo LNG export facility.

The facility has a capacity of 7.8 MTPA/Million Tonnes Per Annum and is located in Guaymas, Sonora, Mexico. The Amigo LNG project is designed with two trains, each with a capacity of ~3.9 MTPA, and aims to be a land-based liquefaction facility with a compact environmental footprint. Feed gas for the project will be sourced from the Permian shale basin in the US and transported to Mexico via existing pipeline networks.

Chart Industries Selected for Amigo LNG Project with IPSMR Technology
An extensive industrial gas facility with many storage tanks.

Chart Industries’ IPSMR technology is known for its efficiency and flexibility, allowing for optimal matching of compression power with single cold box capacity. LNG Alliance will use Chart’s full suite of IPSMR solutions, including its mid-scale modular solution. This modular offering incorporates various components such as Mega Bay air-cooled heat exchangers, Tuf-Lite IV fans, process vessels, valving, brazed aluminum heat exchangers, and cold boxes.

Chart Industries Inc. (NYSE:GTLS) engages in the designing, engineering, and manufacturing of process technologies and equipment for the gas and liquid molecules in the US and internationally.

While we acknowledge the potential of GTLS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

Mentioned In This Article

Latest News

3 hours
3 hours
3 hours
3 hours
4 hours
4 hours
5 hours
7 hours
7 hours
8 hours
8 hours
8 hours
8 hours
8 hours
8 hours