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Chart Industries acquired L.A. Turbine, a global leader in turboexpander design and manufacturing, for $80 million in cash, expanding its offerings in hydrogen, helium, and industrial gas liquefaction.
L.A. Turbine Corp. and GEA joined Honeywell's Connected Plant program to jointly develop solutions to minimize unplanned shutdowns and safety risks, leveraging IIoT and Honeywell UOP Russell's modular gas processing plants.