Hexagon successfully acquires 40% stake in Cryoshelter
Hexagon Composites and Hexagon Purus recently announced that it signed an agreement to acquire a 40% stake in Cryoshelter GmbH, an Austria based company specialized in the development of cryogenic tank technology for liquid (renewable) natural gas (LNG/RLNG) and liquid hydrogen (LH2). Hexagon is pleased to announce that the transaction has been successfully completed, and
Hexagon expands its portfolio of clean fuel solutions
Hexagon Composites signed an agreement on April 22, 2022, to acquire a 40% stake in Cryoshelter GmbH, an Austria based company specialized in the development of cryogenic tank technology for liquid natural (renewable) gas (LNG) and liquid hydrogen (LH2). Renewable natural gas, in liquid or gaseous form, is the only readily available, cost competitive fuel
Agility Fuel Systems, Hexagon Composites merge to create Agility Fuel Solutions
Hexagon Composites and Agility Fuel Systems announced the merger of Hexagon Composites’ CNG Automotive Products Division, which includes medium- and heavy-duty vehicle composite cylinder manufacturing operations and its bus systems business unit, with Agility to form Agility Fuel Solutions. The companies explained that the strategic integration of fuel systems and cylinders will provide value by reducing
