Chart Ferox

What Chart Ferox does

Chart Ferox, a.s. is a Czech-based cryogenic equipment manufacturer headquartered in Děčín, Czech Republic, operating as the primary European engineering and manufacturing subsidiary of Chart Industries (NYSE: GTLS). The company designs and manufactures cryogenic tanks, transport trailers, ISO containers, vaporizers, MicroBulk storage systems, packaged gas cylinders, and LNG and hydrogen fueling stations, supported by proprietary technologies including Chart Vacuum Technology® insulation and the IPSMR® liquefaction process. Manufacturing is concentrated in Děčín (Czech Republic) and Ornago (Italy), with a new aftermarket facility opened in Chesterfield, UK in 2025; primary geographic focus is Europe and the MENA region, with new North American distribution via a Ratermann Manufacturing partnership signed in January 2026.

The business operates across four revenue streams: cryogenic equipment manufacturing and sales (hardware), aftermarket services covering parts, field service, and refurbishment (professional services), equipment leasing including short-term rentals and financial leasing up to 10 years (managed services), and turnkey project development for LNG infrastructure. Go-to-market combines direct enterprise field sales with technical specialists, channel partnerships (Ratermann in North America), and an extensive European service network. Customer segments span industrial gas users, LNG and clean-fuel infrastructure, aerospace, maritime, mining, hydrogen energy, and CCUS/decarbonization.

Chart Ferox is a wholly-owned subsidiary of Chart Industries; in July 2025 Chart Industries entered a definitive agreement to be acquired by Baker Hughes (NASDAQ: BKR) for approximately $13.6 billion in enterprise value, subject to regulatory and shareholder approvals. The company was founded in 1939 per firmographic records.

Name

Chart Ferox

Legal name

Chart Ferox, a.s.

Website

https://chart-ferox.cz

Company type

Private

Founded year

1939

Operating status

Operating

Short description

Chart Ferox is a Czech-based cryogenic equipment manufacturer and subsidiary of Chart Industries, designing and producing tanks, trailers, MicroBulk systems, and LNG/hydrogen fueling stations for industrial gas, energy, and clean-fuel infrastructure customers across Europe and MENA.

Ownership category

akta.pro rank

Product category

Cryogenic Equipment Manufacturing

NAICS

Industrial Gas Manufacturing (32512), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341)

SIC

Refrigeration & Service Industry Machinery (3580), Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

Gas Handling Equipment & Storage (Cylinders/Tanks/Valves) (IMAEACAL)

akta.pro secondary industries

Industrial Gas Infrastructure & Metering (Onsite Storage, PRS, Metering, SCADA) (EUALALAH), Industrial Gases (Compressed/Cryogenic) Bulk Transport (TLADALAE), Cryogenic Liquids & Distribution (IMAEACAK)

Keywords

• Cryogenic equipment manufacturing
• LNG fueling infrastructure
• Industrial gas storage
• Hydrogen energy solutions
• Vacuum insulated tanks

Headquarters

HQ city

Usti Nad Labem

HQ country

Czechia

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Cryogenic Equipment Manufacturing and Sales: Design, engineering, and manufacture of cryogenic tanks, transport trailers, ISO containers, vaporizers, MicroBulk storage systems, packaged gas cylinders, and LNG fueling stations. Sold directly to industrial customers and through channel partners.
2. Aftermarket Services (Parts, Service, Repairs): Comprehensive aftermarket services including OEM spare parts supply (including historical and obsolete models), field service for installation and maintenance, and repair/refurbishment to factory 'as-new' standards. Delivered through European service network.
3. Equipment Leasing: Short-term and long-term recurring rental programs for cryogenic equipment including trailers, tanks, and LNG fueling stations across Europe. Also financial leasing options for up to 10 years with capital cost savings. Available fleet includes 32.5-ton liquid nitrogen trailers, 37-ton liquid nitrogen trailers, 34-ton liquid CO2 trailers, and 40-ton LNG trailers.
4. Project Development and Systems Integration: Design and delivery of turnkey LNG infrastructure projects including receiving terminals, marine fueling systems, and biogas fueling stations. Revenue generated through project contracts.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Chart Ferox designs and manufactures cryogenic equipment and systems for the storage, distribution, and end-use of liquefied gases including air gases, CO2, LNG, and hydrogen. The product portfolio includes bulk cryogenic tanks, transport trailers, ISO containers, MicroBulk storage systems, packaged gas cylinders, LNG and hydrogen fueling stations, vacuum insulated pipe, vaporizers, and industrial CO2 carbonation systems. The company also delivers aftermarket services (parts, field service, repairs, refurbishment) and equipment leasing programs across Europe and MENA.

Product overview

Chart Ferox is a subsidiary of Chart Industries located in Děčín, Czech Republic, serving as the primary European engineering and manufacturing facility. The product portfolio is broad-based and modular, centered on cryogenic equipment and solutions for storage, distribution, and end-use of liquefied gases including air gases, CO2, LNG, hydrogen, and others. Core products include cryogenic tanks, transport trailers, ISO containers, pressure vessels, MicroBulk storage systems, LNG and hydrogen fueling stations, vacuum insulated piping, and vaporizers. The company also offers industrial CO2 carbonation systems, medical oxygen products, and laser assist gas systems. Aftermarket services include spare parts, field service, repairs, and refurbishment. Key products like the Zenith cryogenic tank series and CO2nnect CO2 storage system represent recent offerings, with manufacturing at Děčín and Ornago facilities serving the European market and MENA region.

Differentiator

Problem solved

Functional benefit

Products and services

• Bulk Cryogenic Tanks Complete line of bulk cryogenic storage tanks providing proven reliability for storing liquefied gases including air gases, CO2, LNG, and hydrogen for industrial customers.
• Bulk CO2 Carbonation Systems Reliable, cost-effective, and safe alternative to high-pressure CO2 systems for beverage and industrial carbonation applications.
• Cryogenic Transport Trailers Cryogenic trailers for safe and efficient distribution of non-flammable and flammable liquefied gases by road, rail, and sea.
• Fuel Systems Fuel tank and systems for LNG and hydrogen fuel vehicles.
• ISO Containers 20 and 40-foot ISO containers ensuring safe, economical, and convenient transport of liquefied LNG by road, rail, and water.
• Packaged Gas Cylinders Cylindrical liquefied gas vessels providing safer and more efficient gas storage solutions than traditional high-pressure vessels.
• Medical Oxygen Storage and Distribution Products Storage and distribution solutions for liquid oxygen for medical facilities of all sizes, compliant with ISO 13485.
• MicroBulk Storage Systems MicroBulk optimal solution for traditional packaged gas and low-capacity applications, including Perma-Cyl MAXX models for minimizing heat ingress and maximizing efficiency.
• LNG Fueling Stations LNG fueling stations for liquefied natural gas vehicle fleets, from small private operations to public stations.
• Hydrogen Fueling Stations Solutions for fueling hydrogen vehicles of all sizes.
• Vacuum Insulated Pipe Vacuum insulated piping with thermal efficiency more than 10 times better than traditional foam-insulated piping.
• Vaporizers Complete range of ambient vaporizers and specialty vaporizers, including Thermax and Cryonorm brands manufactured across three continents.
• Laser Assist Gas Systems Gas delivery systems for laser applications.
• Chart CO2nnect Fully integrated liquid CO2 storage and unloading system, ideal compact solution for traditional liquid CO2 suppliers and operations looking to monetize CO2 captured from CCUS and biogas upgrading.
• Zenith Cryogenic Storage Tank Series Redesigned vertical cryogenic tank series for the European market with lowest lifecycle costs, enhanced performance, and wider operating range for cryogenic liquid gases.
• Euro-Cyl Portable Gas Cylinders Universal transport, storage, and delivery of liquefied gas containers for laboratories, hospitals, universities, and other users of low-pressure products. Gross capacity from 120 to 1000 liters, made in Europe to TPED.
• Cryogenic Aftersales Service (Europe) Most extensive after-sales service program in the industry across Europe, including spare parts, field service, repairs, and refurbishment to factory 'as-new' standards.
• Chart Leasing (Equipment Leasing Programs) Equipment leasing services available in USA and Europe, including short-term or long-term recurring rentals and financial leasing options up to 10 years for cryogenic tanks, trailers, and LNG stations.

Quantifiable outcome

• 500 years of clean combustion energy for average family from each 1000m³ LNG tank
• +2 more outcomes

Named customers2 records

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Two partnerships are on record, tiered major and core.

• Ratermann ManufacturingmajorChannel Partner/ Reseller/ Distributor · 16 January 2026Chart signed a strategic North American distribution partnership with Ratermann Manufacturing, in which Ratermann serves as exclusive distributor for Chart's complete range of MicroBulk tanks and portable liquid product cylinders. This partnership is designed to strengthen distribution coverage across North America.
• VTPcoreStrategic or Co-development PartnerChart Ferox developed a rail car for safe LNG transport in the European rail network through a joint venture with VTP (Vagonová Továren Pohořelice or similar rail equipment manufacturer). This partnership enabled Chart Ferox to pioneer LNG rail transportation in Europe.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Nikkiso: Nikkiso's Cryogenic Industries division manufactures cryogenic pumps, vaporizers, and LNG/hydrogen handling equipment used in LNG terminals and fueling stations—overlapping Chart Ferox's vaporizer and LNG fueling product lines. Both serve industrial gas and clean energy infrastructure customers with specialized cryogenic hardware.
• Worthington Industries: Through its Pressure Cylinders and Taylor-Wharton brands, Worthington manufactures cryogenic storage tanks, pressure vessels, and packaged gas cylinders directly comparable to Chart Ferox's Perma-Cyl MicroBulk, Euro-Cyl, and Zenith tank product lines. Both companies compete for industrial gas and medical oxygen cylinder business globally.
• Cryostar (Air Liquide subsidiary): Cryostar specializes in cryogenic pumps, turboexpanders, and LNG equipment including small-scale LNG infrastructure—directly comparable to Chart Ferox's LNG fueling stations and cryogenic process equipment portfolio. Both serve LNG bunkering, virtual pipeline, and small-scale LNG customers in Europe and globally.
• Linde Engineering: Linde Engineering designs and builds cryogenic air separation, LNG, and hydrogen process plants, including heat exchangers and liquefaction systems that compete head-to-head with Chart's IPSMR® liquefaction technology. Serves overlapping industrial gas and energy customers in Europe and globally with project-based cryogenic equipment delivery.
• INOX India (INOXCVA): INOXCVA manufactures cryogenic storage tanks, transport trailers, ISO containers, MicroBulk systems, and LNG/hydrogen equipment—directly overlapping Chart Ferox's core product portfolio across air gases, CO2, LNG, and hydrogen applications. Both serve industrial gas distributors and energy infrastructure customers globally, making it one of the closest product-line and customer-base comparables.
• FIBA Technologies: FIBA manufactures pressure vessels, cryogenic transport trailers, and ISO containers for industrial gas and LNG distribution—closely comparable to Chart Ferox's transport trailer and ISO container product lines. Both compete for bulk cryogenic distribution equipment contracts in North American and international markets.
• Air Liquide Engineering & Construction: The engineering arm of Air Liquide delivers cryogenic air separation units, LNG liquefaction trains, and hydrogen production facilities competing with Chart Ferox's process technology and core equipment. Comparable because it combines proprietary liquefaction IP with full project execution capabilities similar to Chart's turnkey LNG offering.

Broad incumbents

• Air Products: Air Products is a global industrial gas major with in-house cryogenic equipment manufacturing, hydrogen and LNG infrastructure development, and large-scale project execution capabilities. While its core business is gas supply, its equipment and project divisions compete with Chart Ferox's LNG, hydrogen, and industrial gas equipment offerings.
• GTT (Gaztransport & Technigaz): GTT designs membrane containment systems for large LNG carriers and is a broader incumbent across the LNG value chain. While Chart Ferox focuses on small-scale LNG infrastructure rather than carrier containment, GTT operates in the same LNG equipment category and serves overlapping energy customers, making it relevant for value-chain positioning.

Emerging players

• Cryoport: Cryoport operates cryogenic logistics for life sciences including LN2 dry shippers and cold-chain storage—adjacent to Chart Ferox's medical oxygen and life-sciences cryogenic product line (ISO 13485 certified). It is a smaller, niche-focused emerging player in cryogenic supply chain rather than a direct equipment manufacturer, but its customer base and technology overlap make it thematically comparable.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/Chartind
• YouTubeyoutube.com/user/ChartIndustries
• Facebookfacebook.com/ChartInd
• LinkedInlinkedin.com/company/27725
• Instagraminstagram.com/chart_industries

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Chart Ferox