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Hexagon Ragasco awarded Norway's smartest industrial company

News International-French

8 May 2015

Hexagon Composites' wholly-owned subsidiary, Hexagon Ragasco was honoured for using innovation and technology in an intelligent manner, with a positive impact on productivity and competitive power.

Hexagon Ragasco exports 95% of its products and continuously improving productivity is essential to remain competitive in the global market. Over a period of ten years Hexagon Ragasco has reduced production time per composite LPG cylinder from 74 seconds to 14 seconds. This corresponds to a productivity increase of more than 80 percent.

58 Norwegian companies from the industrial sector participated in the competition. The organizers, The Federation of Norwegian Industries (Norsk Industri) and Siemens have selected Norwegian companies that over time have shown enhanced productivity and competitiveness through innovation and smart use of technology.

The award was handed out by the Norwegian Prime Minister Erna Solberg during the national Industry Conference 5 May 2015.

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