31 January 2011
31 January 2011
Hexagon Composites' business unit, Lincoln Composites has signed a contract with PV Gas City of Vietnam for the supply of 40 foot high-pressure composite tanks and storage modules.
The contract is worth around USD 1.4 million. Hexagon Composites recently won a significant contract with Sime Darby in Malaysia.
""With this new order, the 40ft Titan module further strengthens its position as the market leader for the most competitive 40ft solution for bulk gas transportation system in Vietnam. It is the safest and lightest, and has the largest storage volume, fastest refilling and discharging capacity in the market. On top of these, it is very simple to operate and maintain."" said Lincoln Composites' Director of Business Development, Goh Tat Chuan. ""The Titan module has demonstrated best performance in our day-to-day operations."" said Mr. Ha Anh Tuan, Deputy Director of Petrovietnam Gas South.
The high-pressure composite containers ensure safe and simple transportation in ISO container form. A 40 ft Titan module can transport approximately 12 000 m of compressed natural gas. This means that the Titan modules will provide a capacity increase, allowing transport of more than twice as much gas as conventional steel solutions, while reducing the overall gross vehicle weight by several tonnes. This payload increase also allows fewer trailers to transport more gas throughout the country, and increase gas transportation operating efficiency.
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