Hexagon Composites

Regulatory Filings • Jan 23, 2024

Hexagon Digital Wave signs Long Term Agreement for equipment and services with Linde Gas & Equipment Inc

Hexagon Digital Wave signs Long Term Agreement for equipment and services with Linde Gas & Equipment Inc

23 January 2024: Hexagon Digital Wave, a business of Hexagon Composites, has

signed a long-term agreement with Linde Gas & Equipment Inc. (LG&E), a leading

distributor of packaged and microbulk industrial, medical and specialty gases,

and related hardgoods and safety equipment in the United States. The agreement

covers the supply and service of Ultrasonic Examination (UE) testing equipment

and services globally. The UE testing equipment will be used globally for

requalification of Type 1 metallic cylinders used in various industrial and

medical applications. LG&E is an indirect, wholly owned subsidiary of Linde plc.

The newly signed agreement confirms Hexagon Digital Wave's position as a long

-term supplier to LG&E.

Reduced cost and increased safety

"This agreement reflects the further strengthening of our business relationship

with the great team at Linde Gas & Equipment," says George Siedlecki, CEO of

Hexagon Digital Wave. "Over the past 16 years we have supplied our equipment and

expertise to one of the global market leaders in the industrial gases market and

helped to improve the safety of their cylinders." The non-destructive UE test

and process enables operators to detect even the smallest defects in metallic

cylinders without removing the valve or product. The use of UE significantly

reduces cost, cylinder downtime and water consumption.

The market continues to adopt UE testing for higher safety and testing

efficiencies. UE advantages include reduced labor to inspect cylinders,

detection and analysis of suspected flaws, retention of gas product and

elimination of re-pressurization energy.

"Hexagon Digital Wave understands the importance of the safety of cylinders

across the globe. We strongly believe that the precision, convenience and

environmental benefits of UE testing of metallic cylinders give it a significant

competitive advantage over hydrostatic testing which is currently used in the

market today," concludes Siedlecki.

Contacts:

Karen Romer, SVP Communications, Hexagon Composites

Telephone: +47 950 74 950 | karen.romer@hexagongroup.com

Ingrid Aarsnes, VP IR & ESG, Hexagon Composites

Telephone: +47 950 38 364| Ingrid.aarsnes@hexagongroup.com

About Hexagon Digital Wave

Hexagon Digital Wave, a subsidiary of Hexagon Composites ASA, is a manufacturer

of Ultrasonic Examination (UE) cylinder testing equipment, Modal Acoustic

Emission (MAE) testing equipment and a provider of associated inspection

services. With applications worldwide, Hexagon Digital Wave serves government

entities, academic institutes, and private clients in the compressed gas and

pressure vessel industries.

About Hexagon Composites ASA

Hexagon delivers safe and innovative solutions for a cleaner energy future. Our

solutions enable storage, transportation and conversion to clean energy in a

wide range of mobility, industrial and consumer applications.

Learn more at

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