Global Composite Cylinder Market: An Exclusive Study on Upcoming Trends and Growth Opportunities
iCrowd Newswire
27 May 2021, 20:30 GMT+10
Opportunities in the global composite cylinder market have evolved through a number of stages i.e. from first use of composite cylinders to development of second generation type 4 composite cylinders and increase penetration of cylinder in new application. Lucintel has found the future of this market to be promising; the global composite cylinder market is expected to reach $0.8 billion by 2025 with a CAGR of 0.7%. In this market, type III is the largest segment by tank type, whereas transportation is largest by end use industry. Players can benefit from the available opportunities like higher acceptance level and increasing use of lightweight cylinders.
Hexagon Agility Provides Additional CNG (RNG) Fuel Systems to Estes forextv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forextv.com Daily Mail and Mail on Sunday newspapers.
Hexagon Agility Provides Additional CNG (RNG) Fuel Systems to Estes
May 26, 2021 10:00 ET | Source: Agility Fuel Solutions Agility Fuel Solutions Costa Mesa, California, UNITED STATES
Costa Mesa, CA, May 26, 2021 (GLOBE NEWSWIRE) Hexagon Agility, a world-leading provider of natural gas transportation solutions announced today that Estes Express Lines, the largest privately-owned freight carrier in North America, has ordered an additional 50 natural gas powered trucks with Hexagon Agility’s market-leading 175 diesel gallon equivalent (DGE) ProCab® compressed natural gas (CNG)/renewable natural gas (RNG) fuel systems.
Estes’ new trucks will be equipped with Cummins-Westport’s near-zero emissions natural gas engines and Hexagon Agility’s integrated Blue iQ®. These new trucks will be delivered in Spring of 2021 and used in Estes’ California fleet.
Hexagon Composites ASA: MANDATORY NOTIFICATION OF TRADE - OPTIONS
Reference is made to the announcement on 22 May 2018, in which Hexagon Composites ASA (the Company ) announced the grant of 1,200,000 share options to employees under its employee share option program, each at a strike price of NOK 20.85 per share. Following the distribution of 15% of the shares in Hexagon Purus AS as dividend in kind on 14 December 2020, the strike price has been adjusted by NOK 4.095 to make whole the 2018 options holders. The adjusted strike price is NOK 16.755 per share.
Of the 1,200,000 options, 800,000 options were granted to senior executives and managers listed as primary insiders. The options may be exercised in part or in full within three weeks following the official announcement of the financial results for the fourth quarter of 2020, first quarter of 2021 and second quarter of 2021.