Agility Fuel Solutions, a business of Hexagon Composites, has signed an exclusive three-year agreement with the global leader in logistics, UPS to supply compressed natural gas (CNG) fuel systems for medium and heavy-duty trucks as well as terminal tractors. The agreement represents a total value of USD 65 million to USD 95 million (approx. NOK 595 to 870 million) over the three-year period.As part of the new agreement, Agility will provide complete end-to-end natural gas systems for heavy-duty gas trucks, terminal tractors and medium-duty walk-in vans, which are UPS’s familiar brown delivery trucks. These will include on-board CNG fuel storage and management as well as Agility’s certified natural gas engine fuel systems.For identifying growth opportunities for composites in the North American automotive market, please visithttp://www.lucintel.com/north_american_automotive_composites_16.aspx
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