Hexagon Composites supports Indonesia's green shift with CNG cylinders for light-duty vehicle c

Hexagon Composites supports Indonesia's green shift with CNG cylinders for light-duty vehicle conversions

ID: 481722

(Thomson Reuters ONE) -


PRESS RELEASE

Hexagon Composites' wholly-owned subsidiary Hexagon Raufoss has received an
order from PT Autogas in Indonesia for 1,000 cylinders for conversion of taxis
and government vehicles to compressed natural gas (CNG). Deliveries will mainly
be in third quarter of 2016.

Indonesia is quickly adopting CNG as an alternative to diesel and gasoline as a
result of a government oil-to-gas campaign. The program's goal is to reduce
pollution and diversify fuel in the public transportation sector.

PT Autogas is the country's leading conversion company for natural gas heavy-
duty vehicles, transit buses and passenger cars. Hexagon Composites' cylinders
are ideal for these applications because they are 30% the weight of steel, which
reduces fuel consumption and extends range between refillings.

"Our company's mission is to provide natural gas solutions that combine the
latest technology with the highest standard of durability, reliability and
safety," says Thomas Nurhakim, President Director, PT Autogas. "We use Hexagon
Composites' cylinders for our conversions because of their industry leadership"



PT Autogas is owned by PT Draco, which took delivery of SMARTSTORE® modules
earlier this year to support its mobile refilling units (MRU) used around the
city of Jakarta. "Passenger cars with Hexagon Composites cylinders may refuel
with MRUs that use SMARTSTORE® gas transportation systems," says Ragnar Holthe,
Managing Director Automotive, Hexagon Raufoss. "We are committed to the momentum
that environmental friendly fuels are experiencing in Southeast Asia and are
pleased that our CNG solutions are helping reduce pollution in Indonesia."

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

Ragnar Holthe, Managing Director Automotive, Hexagon Raufoss AS




Telephone: +47 970 74 245 | ragnar.holthe(at)hexagonraufoss.com

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. www.hexagon no

Follow us on Twitter: (at)HexagonASA


Image:


Hexagon Raufoss CNG system:
http://hugin.info/132600/R/2026218/752997.jpg



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#2026218]




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Bereitgestellt von Benutzer: hugin
Datum: 06.07.2016 - 08:42 Uhr
Sprache: Deutsch
News-ID 481722
Anzahl Zeichen: 3146

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