Hexagon Composites experiences increased orders for TUFFSHELLÂ® tanks, signals the marketplace is strong for CNG
Hexagon Composites wholly owned subsidiary Hexagon Lincoln has recently received
new orders for its TUFFSHELLÂ® CNG fuel cylinders to support heavy duty and
transit vehicles in North America. The total value is approximately USD 15
million (around NOK 90 million) with most to be delivered in the second half of
2014. The first phase of Hexagon Lincoln's plant expansion is underway to
fulfill these new orders.
It has always been the premise of Hexagon Composites that CNG (Compressed
Natural Gas) is a great solution for transportation and storage of natural gas,
and the marketplace continues to affirm this position. Engine technology is
improving at a fast rate - giving trucks more horsepower, engine efficiency and
tank packaging aerodynamics - providing better fuel efficiency and increased
range before refueling. The network of CNG refueling stations is rapidly
expanding in North America with new stations to accommodate fast filling of
Class 8 trucks. Most importantly, CNG prices are still the lowest available at
"When you consider unlimited hold times with no fuel loss, along with the ease
in operation of CNG technology, it makes sense to see the market growth," said
Chet Dawes, Vice President CNG Automotive Products. "Our customers choose
TUFFSHELLÂ® tanks because they are the most efficient, durable and safest tanks
Tuffshell tank by Hexagon Lincoln
The Hexagon Lincoln division of Hexagon Composites is based in Lincoln, Nebraska
and has been filament winding composites for 50 years.
For more information:
Chet Dawes, Vice President CNG Automotive Products, Hexagon Lincoln, Inc.
Telephone: +1 402 470 5015 | firstname.lastname@example.org
Solveig D Saether, Communication Manager, Hexagon Composites ASA
Telephone: +47 906 34 977 | E-mail: email@example.com
Hexagon Composites ASA is a publicly listed company with its head office located
in Aalesund, Norway. The Group develops and produces composite containers for
the storage and transport of various gases under pressure.
Follow us on Twitter @HexagonASA and @Tuffshell
Tuffshell by Hexagon Lincoln:
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Source: Hexagon Composites ASA via GlobeNewswire