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Agility receives order from new major global logistics customer for CNG trucks

Agility Fuel Solutions, a business of Hexagon Composites, has signed a master services agreement with a global logistics customer to deliver compressed natural gas (CNG) fuel systems for medium and heavy-duty trucks.

The initial order represents an estimated total value of USD 2.2 million (approx. NOK 20.5 million) with additional orders expected to follow.

As a low carbon fuel, CNG can result in reductions of greenhouse gas (GHG) emissions compared to diesel of over 20% when using conventional natural gas, or 90% or more when using renewable natural gas (RNG) produced from landfills, dairy farms and other bio sources.

Seung Baik, President, Agility Fuel Solutions, says:

“It makes environmental and economic sense to deploy CNG trucks right now, and the low cost and maturity of the technology make it possible to do so at scale.”

Deliveries of the first order of CNG fuel systems are scheduled to start in the second quarter of 2020.

Companies: Agility Fuel Solutions, Hexagon

Industries: Automotive and Road Transportation, Energy

Terms: Business

Via
This article has been edited by Basalt.Today
Source
This article has been written on JEC Composites Magazine
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