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Hexagon Ragasco, a Hexagon Composites' wholly-owned subsidiary, has received an order of EUR 12.7 million for the supply of LPG cylinders to Qatar. The order is for delivery in the second half of 2014.
This is one of the largest orders for Hexagon Ragasco so far.To secure growth and improved capacity utilization in the second half of the year, Hexagon Ragasco has focused on selected markets outside Europe. «This order is a confirmation that our low-pressure composite cylinders to an increasing degree are viewed as a preferred alternative to traditional steel cylinders,» says Skjalg S. Stavheim, Managing Director with Hexagon Ragasco. «Qatar is an important market for us. It is being invested in composite cylinders that will help to make domestic use of LPG safer and more user-friendly.»More information: www.hexagon.no