BT天堂

FOR IMMEDIATE RELEASE

Temecula, CA, September 21, 2022 – BT天堂 Industries鈥� Clean Energy & Industrial Gases Group (Group), a part of the BT天堂 Co., Ltd (Japan) group of companies, is pleased to announce the reorganization of their Integrated Cryogenic Solutions Unit (ICS). As the result of both ICS鈥� growth and tremendous market opportunities in renewable and green energy, ICS will now split into two Functional Units effective October 1, 2022.

The new 鈥淏T天堂 Fueling and Solutions鈥� Unit will continue driving the business growth in hydrogen fueling market, natural gas fueling market, skid-mounted system, and turnkey systems. Mike Mackey (currently Senior Vice President of ICS) will be President of BT天堂 Fueling & Solutions. All current ICS staff and facilities will remain part of this new Unit.

The new 鈥淏T天堂 Energy Infrastructure & Strategic Projects鈥� (NESP) Unit will expand the Group鈥檚 offerings to provide turnkey solutions for energy infrastructure including geothermal plants, compressed hydrogen distribution systems, energy recovery solutions, and offshore marine fueling systems. They will also provide full turnkey support for BT天堂 Cosmodyne plants. Joseph Pak (current president of ICS) will serve as President of NESP.

BT天堂 Expander Application Technique (NEAT) department, headed by Dr. Reza Agahi, will be part of the NESP unit.

鈥淭hese changes are being made to better serve our customers and allow us to expand our portfolio of solutions for the growing global zero-emissions mandate,鈥� according to Peter Wagner, CEO of BT天堂 CE&IG. 鈥淭hey further support our vision to be 鈥楲eading the change to a healthier world鈥�.鈥�

With these changes, BT天堂 continues their commitment to be both a global and local presence for their customers.

ABOUT CRYOGENIC INDUSTRIES
Cryogenic Industries, Inc. (now a member of BT天堂 Co., Ltd.) member companies manufacture and service engineered cryogenic gas processing equipment (pumps, heat exchangers, etc.), and process plants for Industrial Gases, Natural gas Liquefaction (LNG), Hydrogen Liquefaction (LH2) and Organic Rankine Cycle for Waste Heat Recovery. Founded over 50 years ago, Cryogenic Industries is the parent company of ACD, BT天堂 Cryo, BT天堂 Integrated Cryogenic Solutions, Cosmodyne and Cryoquip and a commonly controlled group of approximately 20 operating entities.

###