Hexagon Composites supports Indonesia's CNG conversion ramp-up
(Thomson Reuters ONE) -
Hexagon Composites' subsidiary Hexagon Raufoss has recently received orders from
PT Autogas in Indonesia for CNG cylinders for conversion of 5,000 taxis and
government vehicles to compressed natural gas (CNG).
The Indonesian government is actively promoting the usage of natural gas in
order to achieve their oil-to-gas program goal to reduce pollution and diversify
fuel in the public transportation sector. According to new legislation that is
expected to be issued by the government shortly, all gas stations will be
required to have at least one dispenser of natural gas.
"We are pleased to continue our partnership with Hexagon Raufoss for the supply
of lightweight CNG cylinders to the government's oil-to-gas automotive
conversion projects," says Thomas Nurhakim, President Director of PT Autogas.
"We selected Hexagon Raufoss' cylinders due to the company's leading industry
position in this sector, product durability and reliability, and a proven safety
track record."
"We are excited about the momentum of the adoption of environmentally friendly
fuels in Indonesia and are pleased that our leading CNG solutions are playing a
part in helping reduce pollution in Indonesia. With the country's ambitious
goals, we believe that CNG will be a widely-adopted fuel in Indonesia," says
Ragnar Holthe, Managing Director of Hexagon Raufoss.
PT Autogas Indonesia, a subsidiary of PT Draco, is a leading conversion company
for natural gas powered heavy-duty vehicles, transit buses and passenger cars.
In 2016, Hexagon Raufoss delivered 1,000 CNG cylinders to Indonesia for
conversion of taxis and governmental vehicles. Its lightweight Type 4 CNG
cylinders are ideal for these applications as they are 30% the weight of steel,
which reduces fuel consumption and extends range between refillings.
Deliveries are scheduled for second quarter of 2017.
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
About PT Autogas
PT Autogas Indonesia established in 2005, is a subsidiary company of PT Draco
International, committed to expand a natural gas as an alternative fuel system
that uses Compressed Natural Gas (CNG) or Liquefied Gas Vehicle (LGV) as a
cleaner alternative fuel.
About Hexagon Composites
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
Hexagon supports Indonesias CNG conversion ramp-up:
http://hugin.info/132600/R/2105842/799309.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Hexagon Composites ASA via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 18.05.2017 - 07:57 Uhr
Sprache: Deutsch
News-ID 543468
Anzahl Zeichen: 3587
contact information:
Town:
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Kategorie:
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