May 20, 2016 - 4:20 AM EDT
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Hexagon Composites' SMARTSTORE® CNG transport module is now available in the US

PRESS RELEASE

Hexagon Composites' wholly owned subsidiary Hexagon Lincoln has received US DOT (Department of Transportation) approval to operate its newest Mobile Pipeline® product in the United States. The enhanced SMARTSTORE® module offers the highest compressed natural gas (CNG) volume of any 20 ft container transporting up to 245,000 scf (6,910 scm), with a total water volume of 23,175 liters. It is also suitable for transporting compressed hydrogen gas (CHG).

Containing larger cylinders than previous modules, SMARTSTORE® achieves greater volume with fewer tanks and connections. Horizontal mounting of up to 15 MAGNUMTM tanks sized to the entire length of the module ensures easy access to plumbing and reduces maintenance costs. The main advantage of its robust and simple design continues to be a high rate of gas flow. Its low weight and compact intermodal dimensions make it ideal for transporting energy gases by road, rail and sea.

"USDOT approval allows North American customers to take advantage of lower capital expenditures for clients requiring a smaller footprint than our TITAN® trailer," says Frank Häberli, Vice President, Mobile Pipeline® division. "We are pleased to provide off-pipeline customers a full range of competitive, lightweight, bulk-hauling options for clean-burning natural gas, biomethane and hydrogen."

Hexagon Lincoln SMARTSTORE® CNG transport module


The new SMARTSTORE® was designed and tested in accordance with the United States Pipeline Hazardous Materials Safety Administration (PHMSA) Special Permit 14951, and reviewed by an independent inspection agency. It also has American Bureau of Shipping (ABS) approval for operation in Latin America, Asia and Africa. In Europe, the Company offers an ADR/TPED approved version.

For more information:
Frank Häberli, Vice President Mobile Pipeline® Division, Hexagon Lincoln ASA
Telephone: +1 402 326 5586 | [email protected]

Solveig D Saether, Communication Manager, Hexagon Composites ASA
Telephone: +47 906 34 977 | [email protected]

Hexagon Composites ASA is a publicly listed company with its headquarters in Aalesund, Norway. The Group develops and produces composite pressure cylinders and systems for storage and transportation of various gases. It is the global leader in CNG road transportation.

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Hexagon Composites ASA via Globenewswire

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Source: Thomson Reuters ONE (May 20, 2016 - 4:20 AM EDT)

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