Hexagon Composites' subsidiary Hexagon Ragasco has received a new order for LPG cylinders from oil and gas company Woqod at a total value of €8.9 million (approximately NOK 80 million). The order is scheduled for delivery during the second half of 2017.
‘The order represents an important step in our strategy of securing growth and improved capacity utilization in the second half of the year,’ said Skjalg S Stavheim, MD of Hexagon Ragasco.
Woqod has previously announced that it will be phasing out LPG steel cylinders and replacing them with composite cylinders.
This story is reprinted from material from Hexagon Ragasco, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.
