Hexagon Composites receives U.S. DOT permit for TITAN® XL

Hexagon Composites receives U.S. DOT permit for TITAN® XL

ID: 481024

(Thomson Reuters ONE) -


The United States Department of Transportation (US DOT) has granted Hexagon
Composites' wholly owned subsidiary Hexagon Lincoln permit for TITAN® XL.

The TITAN® XL was first introduced in Latin America in 2015. It represents the
highest-capacity road trailer in the world in a 40-foot container, capable of
transporting 525,000 scf (15,000 scm) of compressed natural gas (CNG) with only
31.5 metric ton including trailer weight. The unique, ultra-light carbon fiber
Type 4 cylinders are key to it meeting Gross Vehicle Weight Rating (GVWR)
limitations of several US states.

"We are committed to providing North America, and the world, with products that
promote the use of clean and affordable energy," says Frank Häberli, Vice
President Mobile Pipeline® Division. "TITAN® XL transports 44% more gas than
TITAN® 4. Companies will benefit from fewer trips, reduced operating costs and
increased competitiveness."

Hexagon Composites' Mobile Pipeline® products have become the industry standard
for moving large amounts of compressed gas.

For more information:
Frank Häberli, Vice President Mobile Pipeline® Division, Hexagon Lincoln Inc
Telephone: +1 402 326 5586 | frank.haeberli(at)hexagonlincoln.com

Solveig D Saether, Communication Manager, Hexagon Composites ASA
Telephone: +47 906 34 977 | solveig.saether(at)hexagon.no

Hexagon Composites ASA is a publicly listed company with its headquarters in
Aalesund, Norway. The Group develops and produces composite pressure cylinders
and systems for storage and transportation of various gases.

Follow us on Twitter: (at)HexagonASA and (at)TITAN_Tank



This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)



This announcement is distributed by GlobeNewswire on behalf of




GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Hexagon Composites ASA via GlobeNewswire
[HUG#2024296]




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Bereitgestellt von Benutzer: hugin
Datum: 30.06.2016 - 14:03 Uhr
Sprache: Deutsch
News-ID 481024
Anzahl Zeichen: 2476

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