Hexagon Agility, a business of Hexagon Composites, signed a multi-year agreement in March 2021 with Certarus, a leading full-service provider of bulk gas transport, to supply newly designed TITAN 450 Mobile Pipeline modules. Hexagon Agility’s TITAN 450 modules represent the next generation of gas distribution modules and will be used to transport compressed and renewable natural gas (CNG/RNG) throughout North America.Under this agreement, Hexagon Agility has received a new USD 25.6 million (approx. NOK 253 million) order representing the inaugural order of Hexagon Agility’s new TITAN 450 modules.TITAN 450, The next generation of composite gas distribution modules, enables the safe transport of almost half a million standard cubic feet of CNG/RNG in a 40-foot module, allowing customers to deliver more gas with fewer trips, resulting in reduced operating costs. The new product employs the latest technology in Type 4 composite cylinders and high-strength frame design, while building on the proven simplicity and reliability of TITAN. As with the current generation of TITAN products, the modules are approved for a variety of gases including CNG, RNG, Helium, and Hydrogen.This new generation module is fully interchangeable with existing TITAN products and reflects Hexagon Agility’s relentless commitment to safety. The new design delivers best in class Static Rollover Threshold (SRT) in the industry. SRT is a measure of a trailer’s resistance to rollovers.To identify growth opportunities in Composites In The Global Oil and Gas Market: Market Size, Trends and Growth Analysis, please visit https://www.lucintel.com/composites-in-oil-and-gas-market.aspx
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