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Hexagon Composites — Regulatory Filings 2021
May 6, 2021
3619_rns_2021-05-06_b80b4a6e-a9c8-4a9c-b205-a4d27b267202.html
Regulatory Filings
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Hexagon Purus to deliver high performance cylinders to Wystrach for industrial and mobility applications
Hexagon Purus to deliver high performance cylinders to Wystrach for industrial and mobility applications
Hexagon Purus has signed a contract with Wystrach GmbH, a leading systems
provider for high pressure solutions, to supply Type 4, 300 bar pressure vessels
at a value of approximately EUR 2.5 million (approximately NOK 25 million). The
cylinders are destined for industrial and mobility applications in France and
Germany.
Driving energy transformation
Hexagon Purus' Type 4 cylinders will be a part of the storage and transport
solutions that are developed and manufactured by Wystrach. These will be used to
transport hydrogen for industrial purposes in Europe and to expand the
infrastructure for mobility projects in France.
"Whether for transport or tank systems, stationary storage or refueling
solutions: we're already seeing demand for hydrogen technologies across all
product categories," says Wolfgang Wolter, CEO Operations and Sales at Wystrach.
"The technology is mature and field-tested. It takes pioneers in gas-technology
and teammates such as Hexagon Purus to make climate-friendly hydrogen
applications a part of everyday life."
"In the midst of the climate crisis, the demand for decarbonization is growing.
From reducing the carbon footprint of industrial customers to decarbonizing city
transport, ground-breaking work is being done in gas technology," says Michael
Kleschinski, Executive Vice President of Hexagon Purus. "We are pleased to team
up with Wystrach to support their efforts and the efforts of their customers."
Timing
Hexagon Purus' cylinders are due to be delivered to Wystrach in the second and
third quarters of 2021.
For more information, please contact:
Dilip Warrier, CFO, Hexagon Purus
Telephone: +1 949-236-5528 | [email protected]
(mailto:[email protected])
Karen Romer, SVP Communications, Hexagon Composites ASA
Telephone: +47 950 74 950 | [email protected]
(mailto:[email protected])
About Hexagon Purus ASA:
Hexagon Purus, a Hexagon Composites company, is a world leading provider of
hydrogen type 4 high-pressure cylinders, battery packs and vehicle systems
integration for fuel cell electric and battery electric vehicles. Hexagon Purus
enables zero emission solutions for light, medium and heavy-duty vehicles,
buses, ground storage, distribution, marine, rail and aerospace applications.
Learn more at www.hexagonpurus.com and follow @Hexagonpurus on Twitter and
LinkedIn.
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act