NetComposites
Juniar Spraybooths

Hexagon Raufoss Nominated by Major Vehicle Modifier to Supply CNG Fuel Tanks

08 December 2015

Hexagon Raufoss Nominated by Major Vehicle Modifier to Supply CNG Fuel Tanks

Hexagon Raufoss has been nominated by a leading international vehicle modifier, to supply compressed natural gas (CNG) fuel tanks to Natural Gas Vehicles (NGV).

According to Hexagon, the new NGV car model will enter the European market during second half of 2016. The first deliveries are targeted for end of second quarter 2016, and the program is scheduled to run for up to seven years. The estimated overall delivery value is around NOK 150 million (approximately USD 18 million).

“This is a new customer and it is very pleased to enter into a long-term agreement with them. The nomination will further strengthen our co-operation with NGV modifiers in Europe. We experience that the increased global focus on emissions drives the demand for compressed natural gas and other alternative fuels by choosing vehicle storage technology that reduces emissions and fuel costs,” comments Ragnar Holthe, Managing Director of Hexagon Raufoss.

Hexagon explains that the environmental benefits of reduced particulates, NOx, SOx and CO2 emissions, continue to attract customers and investments towards adopting Natural Gas Vehicles. In addition, the stability of CNG prices remains attractive compared to relatively volatile diesel prices.

 


Photo provided by Hexagon





Related / You might like...

Compcut 200 Increases Testing Productivity at Renault Sport Racing

Sharp & Tappin has installed and commissioned a Compcut 200 composite plate saw at Renault Sport Racing in Enstone, Oxfordshire, UK.

Electric GT’s Tesla P100DL Features Bcomp Flax Fibre Technologies

Electric GT Holdings and SPV Racing recently unveiled the race-ready version of the EPCS V2.3 Tesla P100DL at Circuit de Barcelona-Catalunya. The car features lightweight body parts made using Bcomp's ampliTex and powerRibs natural fibre composite reinforcement products, contributing to a 500 kg weight reduction over the road edition.

Codem Composites Supports Sahara Force India F1 Team

UK company Codem Composites has provided key bodywork components to support the F1 team Sahara Force India.