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 September 14, 2015 - 5:28 PM EDT
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Cosmodyne Receives UGI Energy Services LNG Liquefaction Plant Order

SEAL BEACH, Calif., Sept. 14, 2015 (GLOBE NEWSWIRE) -- Cosmodyne, LLC (a subsidiary of Cryogenics Industries) announced that UGI Energy Services, LLC (a subsidiary of UGI Corporation) has awarded Cosmodyne a contract to provide a LINEX 120,000 gallon per day natural gas liquefaction plant to be located at their facility in Northeast Pennsylvania. Cosmodyne will deliver a complete package which includes equipment for natural gas pretreatment, natural gas liquefaction, cooling systems and a gas turbine driver. The LINEX system features Cosmodyne’s safe, environmentally-friendly, and cost-effective nitrogen refrigeration technology to produce LNG. The plant will deliver great operating flexibility, allowing the plant operator to easily increase and decrease production in response to fluctuating market demand without any impact to plant efficiency.

UGI expects the plant to be operational by early 2017. “Cosmodyne was selected because of their dedicated support to our project and experience in providing liquefaction solutions into a variety of different markets. UGI had some special requirements and preferences on certain aspects of the design and we found Cosmodyne to be very amenable to accommodate us in our needs,” said Mike Mara, Vice President of Engineering and Operations.

“We are very proud to have been chosen by UGI for this important project. We continue to build on our extensive experience in the natural gas industry by working closely with our clients in providing safe, reliable and efficient liquefaction solutions,” said George Pappagelis, General Manager of Cosmodyne, LLC. “Our history of partnering with our clients to provide unique solutions that satisfy the needs of their shareholders and markets is a reason that many of our customers become repeat clients.”

ABOUT COSMODYNE, LLC

Cosmodyne is a leading manufacturer of cryogenic plants with more than 450 placed in operation around the globe since 1958. Cosmodyne LINEX natural gas liquefiers produce LNG as alternate fuel for high horsepower marine, rail, mining, trucking, and oilfield applications, virtual pipelines, and utility peak shaving. Cosmodyne is part of the Cryogenic Industries family of companies which include ACD, LLC and Cryoquip, LLC. For more information, visit www.cosmodyne.com.

ABOUT UGI ENERGY SERVICES, LLC

UGI Energy Services is a subsidiary of UGI Corporation. UGI Energy Services markets natural gas, electricity and liquid fuels to approximately 19,000 residential, commercial, industrial, institutional and government customers in nine states and Washington, D.C. In addition, UGI Energy Services owns and operates a variety of midstream natural gas assets that support the storage, transportation and delivery of natural gas in the Northeast region of the U.S. and Mid-Atlantic regions and also owns and operates electric generation assets in Pennsylvania.

Cosmodyne Media Contact:
Melania Charles
(562) 795-5990
charm@cosmodyne.com

UGI Media Contact:
Alisa Harris
(610) 401-8982
aharris@ugies.com

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Source: GlobeNewswire (September 14, 2015 - 5:28 PM EDT)

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