23 January 2023: Hexagon Agility, a enterprise of Hexagon Composites, has acquired a brand new order from Permian World, Inc. d/b/a CORE Automated Fueling Options and CORE Pure Gasoline (CORE), to ship business main Cellular Pipeline® TITAN modules to speed up the adoption of pure fuel within the power sector. CORE is a number one supplier of compressed pure fuel (CNG) fueling options in West Texas.
This order has an estimated worth of USD 4.7 million (approx. NOK 46 million).
Decarbonizing power manufacturing with pure fuel
“CORE is working diligently to satisfy escalating buyer demand for dependable, protected, and low carbon power. Our ongoing partnership with Hexagon has helped us construct one of many largest fleets in West Texas that may ship CNG to our prospects within the area. The TITAN trailers have confirmed very dependable and are the spine of our fleet. These further models will improve our community capability and be sure that our prospects proceed to obtain distinctive service from CORE,” mentioned Brent Bruner, Senior Vice President of Pure Gasoline and Manufacturing, CORE.
Now with over 10 years of steady innovation, TITAN merchandise lead the business with extra models in international service than another model and provide the best fuel capability accessible beneath 80,000 gross automobile weight. TITAN modules make use of the most important composite cylinder on the planet, vastly decreasing plumbing complexity and maximizing uptime reliability.
“The power sector is important to jobs, the economic system, and the atmosphere. It’s thrilling to see the business investing in decarbonizing options and so they couldn’t do it with out corporations like CORE, that ship protected and dependable fueling options.” mentioned Miguel Raimao, Vice President of Cellular Pipeline, Hexagon Agility. “We’re proud to be chosen as a strategic provider as CORE continues its mission to offer price efficient and clear pure fuel to its prospects.”
In regards to the market
Cellular Pipeline is important to driving power transformation away from petroleum fuels to wash and renewable pure fuel. Corporations like CORE are leaders within the business, enabling prospects with out pipeline entry to undertake pure fuel and meet their environmental objectives. Pure fuel is at the moment’s low carbon, price efficient various power.
With greater than 1,800 Cellular Pipeline modules now deployed around the globe, Hexagon Agility continues to set the usual for security, reliability, and efficiency.
The modules are anticipated to be delivered within the third quarter of 2023.
For extra info:
Karen Romer, SVP Communications, Hexagon Composites
Phone: +47 950 74 950 | [email protected]
Ingrid Aarsnes, VP Investor Relations and ESG, Hexagon Composites ASA
Phone: +47 950 38 364 | [email protected]
About Permian World, Inc. d/b/a CORE Automated Fueling Options
CORE is a number one gas expertise and software program options supplier for the power and industrial sectors working West Texas. CORE is a market chief in Automated Fueling Options and has a quickly rising presence in CNG Fueling Companies within the higher Permian Basin area. CORE works carefully with Manticore Fuels, LLC (Manticore Fuels), an affiliate firm that’s considered one of largest frac gas suppliers within the West Texas market. Study extra at www.corefueling.com
About Manticore Fuels, LLC
Manticore Fuels is a number one fueling companies supplier in West Texas and New Mexico offering “white glove” diesel & CNG fueling companies, automation companies, and rental companies to the power sector. Study extra at www.manticorefuels.com
About Hexagon Agility
Hexagon Agility, a enterprise of Hexagon Composites, is a number one international supplier of fresh gas options for business automobiles and fuel transportation options. Its product choices embody (renewable) pure fuel storage and distribution methods, Kind 4 composite pure fuel cylinders, propane, and (renewable) pure fuel gas methods. These merchandise transport clear gaseous fuels and allow automobiles to cut back emissions whereas saving working prices. Study extra at hexagonagility.com and observe @HexagonAgility on Twitter and LinkedIn.
About Hexagon Composites ASA
Hexagon delivers protected and modern options for a cleaner power future. Our options allow storage, transportation and conversion to wash power in a variety of mobility, industrial and client functions. Study extra at hexagongroup.com and observe @HexagonASA on Twitter and LinkedIn.