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Hexagon signs up to USD 85M CNG and hydrogen agreement with Certarus · Endata

◂ Announcements

Industrial Machineryworld trade 2024+4.5% 5Y CAGR

Mar 16, 2021CONTRACT

Hexagon signs up to USD 85M CNG and hydrogen agreement with Certarus

Hexagon Agility and Hexagon Purus, subsidiaries of Hexagon Composites, signed a multi-year agreement with Certarus worth up to USD 85 million for CNG and hydrogen distribution modules and fuel storage systems. Initial orders are USD 18.5 million for Hexagon Agility and USD 3.2 million for Hexagon Purus.

Value

$85.0M

Status

Completed

ProductsCNG distribution moduleshydrogen distribution modulesCNG fuel storage systems

CompaniesHexagon Composites Hexagon Purus supplier Hexagon Agility supplier Certarus customer

Sectors#Industrial Machinery

“The agreement represents a total value of up to USD 85 million (approx. NOK 718 million) and includes the supply of distribution modules for CNG and hydrogen applications.”globenewswire.com

1 source
globenewswire.comHexagon signs long-term agreement with Certarus for CNG,Mar 16, 2021

Summarized from public sources; check the original articles before acting on it.

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