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Hexagon awarded 2 orders valued at USD 20.4 million for Titan mobile pipelines

News International-French

6 Nov 2014

The orders are from two existing clients in North America and Latin America. Titan 4 modules will transport compressed natural gas (CNG) for industrial use in the United States, and Titan XL trailers will transport CNG for various industrial applications in Mexico.

Earlier this year, Hexagon Lincoln introduced Titan XL, one of the largest CNG trailer of its kind, for use in Latin America.

This new substantial order to Mexico demonstrates that road transportation of CNG over long distance makes a profitable business in this region. This compliments the continuing trend to TITAN mobile pipelines enabling increased opportunities for natural gas as a substitute to diesel fuel aggregates within high horse power applications in North America.

Delivery of the majority of these new orders is scheduled for first and second quarter 2015.

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