Hexagon Composites

Check it out!💚The future of heavy-duty trucking is live at ACT Expo / ACT News in Las Vegas. Kenworth’s T680 demo truck, equipped with the game-changing #X15N natural gas engine and Hexagon Agility’s fuel system🚛 #DrivingEnergyTransformation

📣Exciting news! Hexagon Agility extends its master service agreement with UPS, supplying renewable natural gas fuel systems for medium- and heavy-duty trucks. 🚛With new orders worth USD 57.7 million, we're proud to support UPS in their sustainable transportation efforts. Once again they are taking the lead and are among the first companies enhancing their fleet with the game-changing #X15N engine in combination with Hexagon Agility’s fuel systems. 👉Learn more: https://lnkd.in/gaczXn37 #DrivingEnergyTransformation #RNG #HeavyHaul Eric Bippus David Bandele (ACA) Hans Peter Havdal Karen Romer Ingrid Aarsnes Jelena Rowe

Driving the transition to sustainable trucking!🌎   ✅ The #X15N is the first #naturalgas engine that fully goes head-to-head with diesel in the heavy-duty sector. 🚛Kenworth Truck Co. today announced they are showcasing its new demo truck with the X15N and Hexagon Agility’s fuel system at ACT Expo in Las Vegas. ⚙️The first trucks with 15-liter natural gas engine will begin production in Q3 2024, and customers can select a factory customized truck frame for easy install of Hexagon Agility CNG/RNG fuel systems that can deliver up to a 265-diesel gallon equivalent. “We are pleased to partner with Hexagon Agility to provide Kenworth customers with a natural-gas engine solution that will reduce emissions in a variety of on-highway and vocational applications,” said Kyle Kimball, Kenworth Director of Marketing. #DrivingEnergyTransformation #X15N #ACTExpo #HeavyHaul Eric Bippus Ian MacDonald Karen Romer Jelena Rowe

We presented our #Q1 2024 results today: 📈Record revenues in Hexagon Agility's Mobile Pipeline business, for the 8th quarter in a row! 📲 Hexagon Ragasco’s Linktra® smart cylinder was launched by Linde nationwide in Norway, further incentivizing the switch from steel to composite cylinders. 🎯NOK 1,1 billion group revenues for the quarter, with a 7% EBITDA margin. ⏩ On track to deliver 2025 targets, >6B NOK in revenues and 15% EBITDA margin. Ahead, Hexagon Agility’s capacity expansion program is primed to support the strong continued growth expected for Mobile Pipeline, and in natural gas trucks from the second half of 2024 with the new 15-liter engine becoming widely available. #DrivingEnergyTransformation Knut Flakk David Bandele (ACA) Jon Erik Engeset

📣The adoption of #RNG is accelerating!   🚛In 2023, 79% of U.S. on-road fuel for natural gas vehicles was renewable. Marking a 16% increase from 2022.   ♻️RNG has the lowest carbon intensity of any clean fuel. In 2023 alone, it offset 6.96 million tons of CO2 equivalents.   ✅We are proud to play a role in enabling the switch to RNG for fleets and distribution companies.   ⬇️Check out the full report from The Transport Project and Coalition for Renewable Natural Gas:

Bringing #LPG technology to the digital age! 📣Hexagon Ragasco’s smart composite cylinder, Linktra®, has been launched to Norwegian consumers by Linde. 📍The cylinders are deployed under the name AGA®Smart Cylinders and are available in most of Linde’s distribution points and vending machines nationwide. 📱The cylinders can connect to users' mobile phones, through an user-friendly app, that scans the unique QR code displayed on each product and reads the level of the gas. “The AGA® Smart Cylinder allows users to have full control of the LPG cylinder gas level for their domestic or leisure activities,” says Morten Roness Head of Consumer Sales Norway, Linde. “At the same time, we at Linde, obtain real time data to optimize our logistic operations and product availability for customers.” Skjalg S. Stavheim Frédéric Gaussen Linde Europe North

Excited to see our #RNG #CNG ProCab 175, behind-the-cab fuel system showcased at the #Kenworth booth during TruckWorld in Mississauga, Ontario! Grateful for the opportunity to share our innovation 🚛 #TruckWorld #Innovation #CleanEnergy #heavydutytrucks #fleetmanagement Kenworth ➕ X15N ➕Hexagon Agility = Make the switch 💚

Cleaner air and safer LPG for everyone, everywhere🌎

📣 Our 2023 Annual and Sustainability Report is live! 2023 confirmed the continued momentum of the energy transition, and this year Hexagon's teams have: ✅ Avoided 1,500,000 metric tons of Co2 equivalent emissions with our technologies ✅ Delivered all-time high revenues of NOK 5 186 million ✅ Improved our margins with an EBITDA of NOK 480 million ✅ Grown and readied our global production capacity in preparation for the renewable natural gas heavy-duty truck inflection point coming in 2024 ✅ Built strong order books into 2024. Our portfolio of alternative fuel solutions is unmatched in the industry, and we are continuing at increasing scale to enable commercial fleet owners, gas distribution companies and consumers to make the switch to clean energy solutions. Thank you to our shareholders, customers, and suppliers for driving the energy transformation together with us, and not least to our employees around the world that are delivering on our vision of Clean Air Everywhere. Read more about our 2023 results and why progress can’t wait in 2024 👉https://lnkd.in/dMKW65KH

Brittany Dorn is one of the Quality Managers who ensure that our world-leading natural gas fuel systems are built to the highest possible standards. Hear from her about how her love of math as a child inspired her engineering career. #AccelerateProgress #IWD24