Insufficient information!
What is the recommended flow rate for this chiller? I think it's 480-800 gph.
What does your plumbing look like....pipe size, elbows, unions, vertical rise, horizontal run? You need to calculate head loss. I assumed the following to calculate head loss, as an example:
1 inch pipe
4 elbows
1 union
4 ft vertical rise
1.5 ft horizontal run
and using a head loss calculator (and picking Iwaki 55RT....virtually same pump (pan world wasn't an option)), I got a flow rate of 1024 gph. With this example, that flow rate would be too high.
Hope this helps.