New Mobile Pipeline order for renewable natural gas
October 14 2019 - 8:15AM
New Mobile Pipeline order for renewable natural gas
Hexagon Mobile Pipeline has been awarded an order
for TITAN® gas transport modules by U.S. Gain, a leader in
development, procurement and distribution of renewable and
compressed natural gas in the United States. The order has a value
of USD 1.4 million (approx. NOK 13 million).
Hexagon’s Mobile Pipeline® modules will allow
renewable natural gas (RNG), produced at dairy farms in Wisconsin,
USA to access the pipeline distribution system.
"Hexagon continues to grow its position in the emerging RNG
market. By enabling efficient collection and distribution of RNG,
we are able to play our part in assisting customers to reach their
emission reduction targets,” says Jon A. Smith, President of
Hexagon Mobile Pipeline. "We are very excited to partner with U.S.
Gain, sharing a strong belief in RNG as the fast track emission
reduction source.”
TITAN® modules are designed for the intermodal transport of
compressed gases via rail, truck, or marine vessel. As a key
component of RNG projects, the TITAN® modules provide a safe,
cost-effective and environmentally friendly transportation solution
for RNG producers and developers for projects that are located off
the gas grid.
“With over 12 projects and climbing, we are investing and
partnering with dairies across the United States to expand supply
of the only carbon-negative fuel solution,” says Mike Koel,
President of U.S. Gain. “Fleets across geographies and market
sectors are demanding affordable, clean fuel and we are confident
RNG is the answer.
Deliveries of the TITAN® modules are scheduled for the fourth
quarter of 2019.
For more information:Jon A. Smith, President,
Hexagon Mobile PipelineTelephone: +1 402 470 4045 |
jon.smith@hexagongroup.com
Hiva Ghiri, VP Investor Relations, Hexagon Composites
ASATelephone: +47 958 66 790 | hiva.ghiri@hexagongroup.com
Solveig D Saether, Communication Manager, Hexagon Composites
ASATelephone: +47 906 34 977 | solveig.saether@hexagongroup.com
About U.S. Gain
As a vertically-integrated renewable natural gas (RNG) supplier,
U.S. Gain is investing in development projects at dairies,
landfills and wastewater treatment plants, expanding availability
of the cleanest fuel and energy solution. Over the years, U.S. Gain
has also built their own network of GAIN Clean Fuel® natural gas
fueling stations throughout the United States and Canada. As a part
of U.S. Venture, Inc., a family-owned, Wisconsin-based company,
U.S. Gain is committed to finding a better way for companies to
succeed – both economically and environmentally.
Learn more at www.usgain.com and follow @UsGain on Twitter and
LinkedIn
About Hexagon Composites
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 www.hexagongroup.com and follow
@HexagonASA on Twitter and LinkedIn
This information is subject to the disclosure requirements
pursuant to section 5 -12 of the Norwegian Securities Trading
Act.