Hanwha Cimarron wins $260M 10-year CNG tank supply deal from Sunbridge Energy

Hanwha Solutions' newly acquired unit Hanwha Cimarron signed a 10-year, $260 million deal with Texas-based Sunbridge Energy Services to supply tube trailers with high-pressure storage tanks for compressed natural gas. The deal was announced on August 24, 2021.

“The 10-year, $260-million deal aims to deliver tube trailers containing dozens of vessels that can store CNG and other pressurized gases such as hydrogen.”prnewswire.com

• 2 sources
• prnewswire.comHanwha Solutions wins $260-million supply contract for high-pressure tanks in U.S.Aug 25, 2021
• ngetnews.com한화솔루션에 인수된 한화시마론, 미국에서 3000억원 규모 고압탱크 계약 수주 < View < 기사본문 - 뉴스저널리즘Aug 25, 2021

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