HEX - analytiker: Lagring av energi kan gå 75 ganger'n

Rect Angel
HEX 20.08.2022 kl 21:13 85922

TICKERE: HEX og HPUR


- Ingen industri i verden er posisjonert til å vokse så mye så raskt, sier analytikeren.

HEXAGON GROUP == HEXAGON COMPOSITES + HEXAGON PURUS == LAGRING OG MELLOMLAGRING AV ENERGI. BEGGE SELSKAP HAR STERK TILSTEDEVÆRELSE I USA. BEGGE ER GLOBALT MARKEDSLEDENDE INNEN SINE FORRETNINGSOMRÅDER. HEXAGON COMPOSITES EIER 38.40% AV AKSJENE I HEXAGON PURUS.

Overlater til enhver selv å vurdere analytikerens betraktninger og sammenholde disse med uttalelsen jeg siterer CEO i Hexagon Composites og styrelemedlem i Hexagon Purus Jon Erik Engeset på. Engeset uttalte det man kan lese nederst i trådstart i forbindelse med presentasjonen av Hexagon Composites' Q2 2022, 11.august.


The U.S. Senate Just Freed Energy Storage Stocks to Soar 75X

To our knowledge, no other industry in the world is positioned to grow this much, this quickly

By Luke Lango, InvestorPlace Senior Investment Analyst Aug 9, 2022, 10:46 am EDT
...
Yep. You read that right. It’s not a typo. Thanks to the Senate’s recent move, a certain group of stocks could soar 75-fold over the next several years. It would turn every $10,000 investment into a $750,000 payday.

It sounds too good to be true. I know. But it’s not. This legislation is truly historic — and it’s about to light a fire under an already red-hot hypergrowth tech industry.

The best stocks in that industry could be your golden tickets. They’re stocks that could make legends out of ordinary investors and fortunes out of small investments.

https://investorplace.com/hypergrowthinvesting/2022/08/the-u-s-senate-just-cleared-the-way-for-energy-storage-stocks-to-soar-75x/


“Looking ahead, we believe that the US Inflation Reduction Act and the European Commission’s REPower EU, as well as similar programs in other major economies, will drive Hexagon’s total addressable market to new levels,” says Engeset.

https://www.globenewswire.com/news-release/2022/08/11/2496331/0/en/Hexagon-Composites-ASA-Second-quarter-2022.html


Edit) Kom ikke frem at det er Engeset som står bak sitatet nederst. Nå er "says Engeset" på plass.
Redigert 06.02.2024 kl 15:35 Du må logge inn for å svare
Winter is Here
07.06.2023 kl 17:20 9386

Kan det stemme at det er snakk om 8.4 kroner man blir blant de første til å realisere gevinsten ?
Rect Angel
11.06.2023 kl 16:18 8937

Nyheten om at Hexagon Composites skal dele ut 25% av de utestående aksjene i Hexagon Purus som utbytte til sine aksjonærer, er jo gedigen. Har selv tenkt en stund at jeg egentlig burde hatt noe mer direkte eksponering i Purus og nå løser jo dette seg 'av seg selv'. Kursutviklingen lar jeg ligge, bortsett fra å si at jeg bekjenner tilhørighet til de som synes den begredelige kursutviklingen i Hexagon Group aksjene i kjølvannet av at Hexagon Purus børsmeldte kontrakten verdt inntil 21.5 milliarder NOK med HINO Trucks/Toyota, grenser til det absurde.

Forøvrig utvikler motivasjonen for å poste på aksjeforum seg omvendt proporsjonalt med været. Har også vært relativt stille på nyhetsfronten fra Hexagon Composites i det siste, men denne artikkelen helt tilbake fra 26.mai, bør man få med seg. Bør klart og tydelig nok illustrere vekstpotensialet for RNG innen 'heavy duty trucking' når det gjelder Hexagon Composites's klart største divisjon Hexagon Agility.


Vi treffer her på partnerne Hexagon Agility og Cummins.


ALTERNATIVE POWER NATURAL GAS

Carbon negative bio-LNG could gain traction in the U.S.

Tom Quimby, CCJ senior editor
May 26, 2023

...
For Hexagon, which maintains a fuel agnostic approach as it works with customers on natural gas, electric and hydrogen options, the upcoming 15-liter Cummins X15N is seen as a game changer that will boost interest in all gaseous fuels.

“We're super excited about the X15N launch,” said Bippus, who sees the engine as an ideal match with their fuel systems, which can offer nearly 300 diesel gas gallon equivalent.

“Now you're getting well over 1,000 miles range between fills and you have a high horsepower 15-liter engine that can haul the payload,” Bippus continued. “There's another 200,000 trucks per year that can easily access natural gas as a solution and not have to alter their fleet operation where they're now having to fill twice or three times as much. They can do these long haul runs.”
...

https://www.ccjdigital.com/alternative-power/natural-gas/article/15448402/carbon-negative-biolng-could-gain-traction-in-the-us


Hexagon Group eier 40% av Cryoshelter og har opsjon på å kjøpe resten...

https://www.globenewswire.com/en/news-release/2022/08/01/2489816/0/en/Hexagon-successfully-acquires-40-percent-stake-in-Cryoshelter-unlocking-new-opportunities-for-Hexagon-Agility-and-Hexagon-Purus.html


DEVELOPMENT FROM AUSTRIA

Innovative liquid gas tanks are set to revolutionize truck traffic

The basis for the truck of the future: Revolutionary hydrogen and biogas tanks that are stored without loss. Matthias Rebernik developed this technology with his company Cryoshelter.

Didi Hubmann Editorial director of themed magazines
29. May 2023, 11:54 a.m.

https://www.kleinezeitung.at/wirtschaft/6292920/Entwicklung-aus-Oesterreich_Innovative-Fluessiggastanks-sollen-den
Redigert 11.06.2023 kl 16:53 Du må logge inn for å svare
Rect Angel
28.06.2023 kl 10:09 8413

Ny ordre til Hexagon Agility fra UPS ('the world’s premier package delivery company and a leading provider of global supply chain management solutions') verdt USD 20.9 millioner (ca. 225 millioner NOK) børsmeldt i dag.

Leveranser i henhold til ordren starter i 3.kvartal 2023.


Hexagon Agility receives additional fuel system orders for UPS heavy- and medium-duty renewable natural gas trucks

June 28, 2023 01:00 ET| Source: Hexagon Composites ASA

28 June 2023: As previously disclosed, Hexagon Agility, a business of Hexagon Composites, signed a master services agreement in October 2019 with UPS, the world’s premier package delivery company and a leading provider of global supply chain management solutions, to supply renewable natural gas (RNG) fuel systems for medium- and heavy-duty trucks.

Under this agreement, Hexagon Agility has received additional 2023 orders of USD 20.9 million (approx. NOK 225 million) for delivery of RNG fuel systems for heavy- and medium-duty trucks. This is in addition to the USD 19 million (approx. NOK 205 million) of previously announced orders from February 2023.
                                                      
“We are pleased to support UPS’ continued commitment to transition its fleet to RNG resulting in greater emission reductions,” said Eric Bippus, EVP Sales and Systems Development at Hexagon Agility. “Together, we are paving the way for a cleaner and greener future.”

About the market

RNG results in significant reductions of greenhouse gas (GHG) emissions when compared to other clean energy solutions available today. In North America, RNG is supported by abundant natural gas pipeline infrastructure which allows for its immediate use today, and for decades to come. Hexagon Agility is enabling the adoption of RNG to cost effectively combat climate change.

Timing

Deliveries of the new orders will commence in the third quarter of 2023.

For more information:

Karen Romer, SVP Communications, Hexagon Composites ASA
Telephone: +47 950 74 950 | karen.romer@hexagongroup.com

Ingrid Aarsnes, VP Investor Relations and ESG, Hexagon Composites ASA
Telephone: +47 950 38 364 | ingrid.aarsnes@hexagongroup.com

About Hexagon Agility

Hexagon Agility, a business of Hexagon Composites, is a leading global provider of clean fuel solutions for commercial vehicles and gas transportation solutions. Its product offerings include (renewable) natural gas storage and distribution systems, Type 4 composite natural gas cylinders, propane, and (renewable) natural gas fuel systems. These products transport clean gaseous fuels and enable vehicles to reduce emissions while saving operating costs. Learn more at hexagonagility.com and follow @HexagonAgility on Twitter and LinkedIn.

About Hexagon Composites ASA

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 hexagongroup.com and follow @HexagonASA on Twitter and LinkedIn.

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

https://www.globenewswire.com/news-release/2023/06/28/2695883/0/en/Hexagon-Agility-receives-additional-fuel-system-orders-for-UPS-heavy-and-medium-duty-renewable-natural-gas-trucks.html
Redigert 28.06.2023 kl 10:10 Du må logge inn for å svare
Rect Angel
28.06.2023 kl 13:52 8329

Hexagon Composites.

Ekstraordinær generalforsamling avholdt i dag 28.juni 2023.


4. FULLMAKT TIL STYRET TIL Å FORETA
UTDELING AV UTBYTTE

Følgende vedtak ble fattet:

"Styret gis fullmakt til å beslutte og foreta utdeling av utbytte basert på Selskapets årsregnskap for 2022, jf. allmennaksjeloven § 8-2(2). Fullmakten kan bare benyttes til å dele ut realutbytte i form av inntil 25% av det totale antall aksjer i Hexagon Purus ASA, med den effekt at selskapets eierskap i Hexagon Purus ASA er vesentlig redusert med ikke-kontrollerende eierskap i Hexagon Purus ASA som resultat. Enhver utdeling ved bruk av fullmakten skal, for norske skatteformål, regnes som tilbakebetaling av innbetalt kapital innenfor rammen for innbetalt kapital, og som utbyttefor enhver utdeling utover rammen for innbetalt kapital. Fullmakten gjelder frem til ordinær generalforsamling i 2024."

* * * *

Da det ikke forelå flere saker til behandling, takket møteleder for oppmøtet, og møtet ble hevet.


Hexagon Composites ASA: Minutes of Extraordinary General Meeting

June 28, 2023 07:16 ET| Source: Hexagon Composites ASA

28 June 2023: The extraordinary general meeting of Hexagon Composites ASA was held today, 28 June 2023 in Oslo, Norway. All proposals on the agenda were adopted as proposed. Complete minutes of the meeting are attached to this release and available on www.hexagongroup.com.

For more information:

Ingrid Aarsnes, VP Investor Relations & ESG, Hexagon Composites ASA Telephone: +47 950 38 364 | ingrid.aarsnes@hexagongroup.com

About Hexagon Composites ASA

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 the Norwegian Securities Trading Act

Attachments

HEX Minutes from EGM 28 June 2023...

https://www.globenewswire.com/news-release/2023/06/28/2696065/0/en/Hexagon-Composites-ASA-Minutes-of-Extraordinary-General-Meeting.html
Redigert 28.06.2023 kl 15:19 Du må logge inn for å svare
Rect Angel
06.07.2023 kl 21:55 7970

Svært interessant fra California! Clean Truck Partnership inngått!

Myndigheter og truck-/kjøretøyprodusenter inngår partnerskap, for på den måten å stake ut det best mulige veivalget mot Californias uttrykte målsetning om nullutslipp fra tungtransport.

Og særlig interessant i vårt perspektiv, her er det flere Hexagon Group partnere på listen av medlemmer i EMA (the Truck and Engine Manufacturers Association)!


CARB and truck and engine manufacturers announce unprecedented partnership to meet clean air goals

For immediate release
DATE July 6, 2023
RELEASE NUMBER 23-18

The new Clean Truck Partnership agreement offers flexibility to address public health of Californians and the needs of fleet manufacturers that build the technology required for the transition to zero-emissions

SACRAMENTO – The California Air Resources Board announced a Clean Truck Partnership today with the nation’s leading truck manufacturers and the Truck and Engine Manufacturers Association that advances the development of zero-emission vehicles (ZEVs) for the commercial trucking industry, which includes flexibility for manufacturers to meet emissions requirements while still reaching the state’s climate and emission reduction goals.

The Clean Truck Partnership, which includes Cummins, Inc., Daimler Truck North America, Ford Motor Company, General Motors Company, Hino Motors Limited, Inc., Isuzu Technical Center of America, Inc., Navistar, Inc., PACCAR Inc., Stellantis N.V., Truck and Engine Manufacturers Association, and Volvo Group North America, marks a commitment from the companies to meet California’s vehicle standards that will require the sale and adoption of zero-emissions technology in the state, regardless of whether any other entity challenges California’s authority to set more stringent emissions standards under the federal Clean Air Act. In turn, CARB has agreed to work collaboratively with manufacturers to provide reasonable lead time to meet CARB’s requirements and before imposing new regulations and to support the development of necessary ZEV infrastructure.

“The unprecedented collaboration between California regulators and truck manufacturers marks a new era in our zero-emission future, where we work together to address the needs of both the trucking industry and the Californians who deserve to breathe clean air,” said CARB Chair Liane Randolph. “This agreement makes it clear that we have shared goals to tackle pollution and climate change and to ensure the success of the truck owners and operators who provide critical services to California’s economy.”

EMA President Jed Mandel said, “This agreement reaffirms EMA’s and its members’ longstanding commitment to reducing emissions and to a zero-emissions commercial vehicle future and it demonstrates how EMA and CARB can work together to achieve shared clean air goals. Through this agreement, we have aligned on a single nationwide nitrogen oxide emissions standard, secured needed lead time and stability for manufacturers, and agreed on regulatory changes that will ensure continued availability of commercial vehicles. We look forward to continuing to work constructively with CARB on future regulatory and infrastructure efforts designed to support a successful transition to ZEVs.”

The terms of the Clean Truck Partnership include:

* CARB will align with EPA’s 2027 regulations for nitrogen oxide emissions. CARB also will modify elements of the 2024 NOx emission regulations for which manufacturers will provide offsets as necessary to maintain California’s emission targets.

* CARB commits to providing no less than four years lead time and at least three years of regulatory stability before imposing new requirements. 

* Truck manufacturers commit to meeting CARB’s zero-emission and criteria pollutant regulations in the state regardless of any attempts by other entities to challenge California’s authority. 

The Clean Truck Partnership comes as California prepares for implementation of its landmark rules that put in place a phased-in transition toward 100% sale and use of zero-emissions technology for medium- and-heavy duty vehicles under CARB’s Advanced Clean Trucks and Advanced Clean Fleets rule by 2045. In March, the Biden administration approved California’s waiver under the federal Clean Air Act that allows the state to become the first in the world to require zero-emissions technology for trucks. By working together, California air quality regulators and truck manufacturers will ensure that the technology, infrastructure and supply will be available to meet the state’s ambitious clean air goals.

Agreement

Below are quotes from participating manufacturers on the Clean Truck Partnership:

“Cummins continues to be committed to working collaboratively with CARB toward a zero emissions future. We appreciate CARB’s commitment to providing flexibilities as we transition to zero emissions, and for their efforts to align with EPA’s 2027 standards. We also welcome CARB’s commitment to collaborate in the further development of ZEV infrastructure needed for our customers to adopt these technologies. These actions will enable Cummins to improve product availability for our customers, while delivering significant emissions reductions,” said Shelley A. Knust, Vice President of Product Compliance and Regulatory Affairs for Cummins Inc.

“At Daimler Truck we continue working towards achieving our goal of offering only carbon-neutral vehicles by 2039. For the overall industry transformation to become a reality, we believe the key to success is a close collaboration with all our stakeholders,” said Sean Waters, Vice President of Product Compliance and Regulatory Affairs for Daimler Truck. 

“Ford remains committed to working collaboratively with the California Air Resources Board and the Truck and Engine Manufacturers Association. During this extraordinary period of transition in the automotive industry, automakers need harmonization between programs to help meet our shared goal of lowering emissions from transportation to improve air quality, human health and the environment. This alignment between California and the Environmental Protection Agency’s national standards for model year 2027 and beyond will help us get more clean trucks on the road across the country,” said Cynthia Williams, Global Director Sustainability, Homologation and Compliance at Ford Motor Company.

“Navistar is committed to offering our customers products and services which support a sustainable future. This agreement enables the regulatory certainty we all need to prepare for a future which will include ever increasing volumes of low and zero-emissions technologies,” said Michael Noonan, Director Product Certification and Compliance for Navistar.

“PACCAR is committed to supporting the environmental goals of California and the nation as a whole and welcome the harmonization of future emissions regulation. This agreement provides regulatory certainty and supports a balanced transition to zero emissions by ensuring continued supply of product into California and opt-in states,” said John Rich, Chief Technology Officer for PACCAR.

“The Volvo Group is pleased to support this joint agreement between the California Air Resources Board and the Truck and Engine Manufacturers Association. We believe this lays the foundation for our customers to have the greatest possible product availability consistent with California’s climate change and air quality goals. Through cooperative efforts such as this, the Volvo Group believes we can achieve the quickest and least disruptive transition to a commercial zero-emission vehicle future,” said Dawn Fenton, Vice President, Government Relations & Public Affairs for Volvo Group North America.

https://ww2.arb.ca.gov/news/carb-and-truck-and-engine-manufacturers-announce-unprecedented-partnership-meet-clean-air
Rect Angel
07.07.2023 kl 11:58 7751

Store børsmeldte kontrakter til Hexagon Group både i forgårs og i dag, i forgårs til Purus, i dag til Composites.

Er klar over at det er postet om disse annetsteds, men siden dette er en seig samletråd (kanskje en seig monolog er mer dekkende? ;)), tar jeg de med her også, 'for the record'.


Purus, potensiell kontraktverdi USD 27 millioner (290 millioner NOK):

Hexagon Purus enters into framework agreement to deliver hydrogen distribution systems to a leading global energy company

July 05, 2023 05:15 ET| Source: Hexagon Purus ASA

(Oslo, 5 July 2023) Hexagon Purus, a world leading manufacturer of zero emission mobility and infrastructure solutions, has secured a five-year framework agreement for the delivery of hydrogen distribution systems to a leading global energy company. Hexagon Purus’ hydrogen distribution systems including its type 4 hydrogen cylinders will be used to deliver hydrogen to a network of hydrogen refueling stations in Europe. The framework agreement represents a potential sales value of approximately EUR 27 million.

https://www.globenewswire.com/news-release/2023/07/05/2699322/0/en/Hexagon-Purus-enters-into-framework-agreement-to-deliver-hydrogen-distribution-systems-to-a-leading-global-energy-company.html


Composites, estimert kontraktverdi USD 14.3 millioner (ca. 155 millioner NOK):

Hexagon Agility receives order for Mobile Pipeline® TITAN 450 modules from a premier energy company

July 07, 2023 01:00 ET| Source: Hexagon Composites ASA

7 July 2023: Hexagon Agility, a business of Hexagon Composites, has received an inaugural order for Mobile Pipeline® TITAN 450 modules from an industry-leading U.S. energy company. The modules will be used to supply clean natural gas to its fleet to reduce carbon emissions and operating cost.

The order represents an estimated value of USD 14.3 million (approx. NOK 155 million).

https://www.globenewswire.com/NewsRoom/ReleaseNg/401578565


En god helg ønskes alle.
Redigert 07.07.2023 kl 11:59 Du må logge inn for å svare
The Observer
07.07.2023 kl 14:06 7733

Markedet for Hex produkter virker umettelig på bakgrunn av stadig nye store ordrer.
Rect Angel
07.07.2023 kl 14:27 7716

Der er du nok inne på noe.

Under Q & A sekvensen etter Q1 2023 presentasjonen i Hexagon Purus i mai ble CEO Morten Holum spurt om konkurrenter. Svaret var smått forbløffende! Holum svarte nemlig at det man så i pipeline var at i et 10 års tidsperspektiv er det det mer enn noe annet dreier seg om for Hexagon Purus rett og slett å kunne produsere nok til å greie å betjene den eksplosive etterspørselen etter selskapets produkter i markedet!

Både Hexagon Purus og Hexagon Composites har forøvrig allerede nå fulle ordrebøker til godt inn i 2024 når det gjelder produkter til transport og lagring av gass. Så godt å vite at begge bygger fabrikker og dermed øker produksjonskapasitet. Hexagon Purus har åpnet to nye i år og har flere under oppføring, i likhet med Hexagon Composites.


Edit) Beklager at det var litt rot og tull i innlegget ved første posting. Nå er det som det var ment.

Redigert 07.07.2023 kl 15:35 Du må logge inn for å svare
Rect Angel
24.07.2023 kl 14:14 7382

California er den store veiviseren når det gjelder utslippsfri tungtransport og selve drømmelandskapet for Hexagon Group.

Hva er AFC? Vel, les denne artikkelen, og for mer detaljer og informasjon om the Advanced Clean Fleet Rule (ACF) i California, se innlegg på denne tråden 06.07.2023 kl 21:55


Even With OEM Compromise, Some in Trucking Industry Continue ACF Opposition

July 19, 2023

Since its inception, the Advanced Clean Fleet Rule (ACF) has turned enough heads to cause whiplash among many fleets that operate in California. Touted by some as one of the most ambitious regulatory programs in the history of the California Air Resources Board (CARB), ACF aims to accelerate the adoption of zero-emission vehicles, including all vehicles over 8,500 lbs. that operate within the Golden State.

After filing a suit against CARB last July and then withdrawing it two months later, the Truck and Engine Manufacturers Association (EMA) has changed its position on the matter. The group, along with Cummins, Daimler Truck North America, Ford, General Motors, Hino, Isuzu, Navistar, PACCAR, Stellantis N.V., and Volvo Group North America, recently entered into an agreement with CARB with the intention of helping fleets with the transition to the cleaner vehicle technologies mandated by ACF.
...
“California has shown the world what real climate action looks like, and we’re raising the bar yet again. Today, truck manufacturers join our urgent efforts to slash air pollution, showing the rest of the country that we can both cut dangerous pollution and build the economy of the future,” said Gov. Newsom in a recent statement.
...
As stated by GNA’s (*) Director of Compliance Sean Cocca in a recent webinar, ACF is here. It is up to fleets, the agencies that regulate them, and the OEMs and solution providers that support them to make this transition as seamless as possible, while still sustaining an efficient and streamlined supply chain along the way.

https://www.act-news.com/news/even-with-oem-compromise-some-in-trucking-industry-continue-acf-opposition/


* GNA

https://www.gladstein.org/

Redigert 24.07.2023 kl 14:44 Du må logge inn for å svare
Rect Angel
26.07.2023 kl 11:21 7161

Fortsatt et stykke til kursen har gått 75 ganger'n. Så her bør det være mye å hente hvis analytikeren som uttaler seg i trådstart bare er bitte litt på sporet... Ja, inklusive utbytte i form av 'dividend-in-kind' Hexagon Purus aksjer distribuert for et par uker siden, er vel kursen i dag mer eller mindre den samme som den var ved trådstart, for et knapt år siden...

Uansett, flott børsmelding i dag om ny stor ordre og nye USD 31 millioner (ca. 310 millioner NOK) inn i ordreboken til Hexagon Composites's Hexagon Agility.


Correction: Hexagon Agility receives orders for Mobile Pipeline® and RNG fuel systems from major refuse fleet in North America

July 26, 2023 05:36 ET
| Source: Hexagon Composites ASA

26 July 2023: Hexagon Agility, a subsidiary of Hexagon Composites, has received orders for Mobile Pipeline® modules and renewable natural gas (RNG) fuel systems at a total value of USD 31 million (approximately NOK 310 million) from a major refuse fleet in North America. The modules will be used in mobile refueling of the company’s growing fleet of RNG vehicles.

“We applaud our customer for their continued commitment to reduce emissions through use of renewable natural gas,” said Miguel Raimao, Vice President of Mobile Pipeline at Hexagon Agility. “These orders demonstrate the great synergy across our product portfolio. Our mobile refueling modules enable fleets to accelerate adoption of natural gas vehicles at locations lacking fueling infrastructure. Conversely, the growing demand for natural gas vehicles is driving the need for mobile refueling solutions.”

About the market

RNG results in the greatest reduction of greenhouse gas emissions of any clean energy solution available today in the transport sector. In addition, RNG is supported by a vast pipeline infrastructure in North America, allowing for immediate deployment of this cost effective and commercially available technology. Research shows that RNG derived from agricultural waste can offer more than 200% improvement in well-to-wheel emissions compared to diesel and is the only carbon negative fuel available. 

According to NGVAmerica and the Coalition for Renewable Natural Gas, in 2022, 69% of all on-road fuel used in natural gas vehicles was RNG. This number grew by 17% compared to 2021 volumes, increasing 218% over the last five years.

Timing

Deliveries of the fuel systems are scheduled to start in the fourth quarter of 2023.

For more information:
Karen Romer, SVP Communications, Hexagon Composites ASA
Telephone: +47 950 74 950 | karen.romer@hexagongroup.com  

Ingrid Aarsnes, VP Investor Relations and ESG, Hexagon Composites ASA
Telephone: +47 950 38 364 | ingrid.aarsnes@hexagongroup.com

About Hexagon Agility

Hexagon Agility, a business of Hexagon Composites, is a leading global provider of clean fuel solutions for commercial vehicles and gas transportation solutions. Its product offerings include (renewable) natural gas storage and distribution systems, Type 4 composite natural gas cylinders, propane, and (renewable) natural gas fuel systems. These products transport clean gaseous fuels and enable vehicles to reduce emissions while saving operating costs. Learn more at hexagonagility.com and follow @HexagonAgility on Twitter and LinkedIn.

About Hexagon Composites ASA

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 hexagongroup.com and follow @HexagonASA on Twitter and LinkedIn.

https://www.globenewswire.com/news-release/2023/07/26/2711084/0/en/Correction-Hexagon-Agility-receives-orders-for-Mobile-Pipeline-and-RNG-fuel-systems-from-major-refuse-fleet-in-North-America.html


HEX(KORR): MOTTATT BESTILLINGER FOR DRIVSTOFFSYSTEMER I NORD-AMERIKA
26.7.2023 11:44 • TDN Finans •
(Korrigert melding fra selskapet)

Oslo (Infront TDN Direkt): Hexagon Composites' datterselskap Hexagon Agility har mottatt bestillinger på Mobile Pipeline og RNG drivstoffsystemer fra en større flåte i Nord-Amerika.

Det fremgår av en melding onsdag.

Bestillingen har en total verdi på 31 millioner dollar, opplyses det, som er korrigert fra den tidligere meldingen hvor det ble oppgitt at den totale verdien på bestillinger mottatt pr dags dato var 31 millioner dollar.

Drivstoffsystemene planlegges levert i fjerde kvartal 2023.

Ljungberg Steensen, Philip finans@tdn.no Infront TDN Direkt, +47 22 00 11 55
Redigert 26.07.2023 kl 16:12 Du må logge inn for å svare
Rect Angel
03.08.2023 kl 11:21 6440

Hexagon Composites ASA: Invitation to presentation of second quarter and half-year 2023 results

August 03, 2023 02:00 ET| Source: Hexagon Composites ASA

3 August 2023: Hexagon Composites ASA's second quarter and half-year results for 2023 will be released on 17 August 2023 at 07:00 am CEST.

Jon Erik Engeset, CEO and David Bandele, CFO will present the results at 08:30 the same morning. The presentation will be held in the Auditorium at Hexagon's location in Oslo, Haakon VIIs gate 2, on the lower level.

If you would like to attend the presentation, please pre-register by emailing ir@hexagongroup.com, alternatively register upon arrival. The presentation will also be broadcasted live via: https://channel.royalcast.com/landingpage/hegnarmedia/20230817_2/


For more information:

Ingrid Aarsnes, VP Investor Relations and ESG, Hexagon Composites ASA
Telephone: +47 950 38 364 | ingrid.aarsnes@hexagongroup.com 

About Hexagon Composites ASA

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.

https://www.globenewswire.com/news-release/2023/08/03/2717622/0/en/Hexagon-Composites-ASA-Invitation-to-presentation-of-second-quarter-and-half-year-2023-results.html
Framtia
04.08.2023 kl 14:28 6198

Da var Hexagon Comp. ned 500 millioner i børsverdi(12%) etter nedgradering av to analytikere🤔( 3 mill i omsetning/ 5,5 mrd børsverdi!)...Mener å lese en uke tidligere at Hexagon var ett av de grønne selskapene verdt å satse på...🤔Merkelige mennesker disse analytikerne...Men de skal ha det! De er flinke å spå( med god hjelp av førsteside oppslag i FA), da det viser seg å blir akkurat som de sier, pluss litt til...Så har vi analytiker i sleng, med bla Olav Chen i spissen som kauker etter høyere renter fra Norges bank! Ble de født i går disse personene!? Klarer INGEN å se sammenhengen bak inflasjonstallene og årsaken! Vi har en massiv importert inflasjon pga svak krone, som bla Norges bank kan for! Store næringer som bla sjømatnæringen vasser i penger pga nettopp en svak krone, noe som igjen gir økt inflasjonspress( økte inntekter fulgt av større lønnsoppgjør!) Vi får ikke bukt med dette nå og må akseptere et høyere inflasjonsnivå i en overgangsfase! For en fantastisk manipulativ verden🤔
Rect Angel
04.08.2023 kl 15:49 6132

Ja, terrenget viser seg på forbløffende vis å være tilpasningsdyktig til `kart` som til enhver tid måtte bli presentert...

De to meglerhusene som begge justerer kursmålene sine marginalt og nedgraderer HEX, er forøvrig de 2 eneste som anbefalte HOLD før kursraset på 12% som vi altså har bevitnet de 3 seneste børsdager, i etterkant av at disse 2 meglerhusene begge altså rykket ut med sine HOLD anbefalinger. De 5 andre meglehusene som dekker HEX, anbefalte alle KJØP, i forkant av de siste 3 dagers kursras!

Men dette siste står ikke i overskriften, men helt til slutt i artikkelen: "Det er totalt 5 kjøpsanbefalinger, 2 holdanbefalinger og ingen salgsanbefalinger på aksjen."

Er selv primært av 'den, gamle, sidrumpede aksjonærtypen' som investerer langsiktig. Har stor tro på Hexagon Group, og blir dermed som oftest med både opp og ned med det meste 😊


Meglerhus vraker kjøpsanbefaling to uker før kvartalstallene kommer

Både DNB Markets og SpareBank 1 Markets nedgraderer Hexagon Composites to uker før offentliggjøringen av kvartalstallene.

Publisert 3. aug. 2023 kl. 12.47

DNB Markets nedgraderer Hexagon Composites fra kjøp til hold, samtidig som de løfter kursmålet fra 30 kroner til 31 kroner. Det fremgår av en analyse fra meglerhuset onsdag kveld.

Bakgrunnen for nedgraderingen skyldes aksjens kursoppgang på nesten 50 prosent i løpet av den siste måneden, justert for utdelingen av Hexagon Purus-aksje. Meglerhuset mener at den kraftige oppgangen har spist opp oppsidepotensialet, skriver TDN.

DNB Markets forventer likevel en raskere bedring i marginene for Hexagon Agility og har derfor justert opp ebitda-estimatene for 2023 med 8 prosent, opplyses det.

I tillegg til DNB Markets sin nedgradering, har også SpareBank 1 Markets valgt å nedgradere Hexagon Composites fra kjøp til nøytral. Samtidig kutter de kursmålet fra 33 til 30 kroner. 

Meglerhuset mener at verdsettelsen av Hexagon for øyeblikket virker rimelig, etter den betydelige aksjekursoppgangen i juli. SpareBank 1 Markets har også en tro på at Hexagon kan levere bedre resultater for andre kvartal enn tidligere fryktet, da forstyrrelsene i forsyningskjeden ser ut til å ha avtatt siden første kvartal, ifølge TDN.

Det er totalt 5 kjøpsanbefalinger, 2 holdanbefalinger og ingen salgsanbefalinger på aksjen.

https://www.finansavisen.no/industri/2023/08/03/8026496/dnb-markets-og-sparebank-1-markets-nedgraderer-hexagon-composites
Redigert 04.08.2023 kl 20:11 Du må logge inn for å svare
Rect Angel
10.08.2023 kl 11:01 5811

75 ganger'n kan være potensialet når det gjelder de beste aktørene innen lagring av energi, sier altså analytikeren i trådstart. Tyske DER AKTIONÄR nøyer seg med å antyde 10 ganger'n for Hexagon Composites aksjen (se artikkel nederst, under børsmeldingen). En bra begynnelse det.


Hexagon Agility receives significant order for Mobile Pipeline® next generation TITAN modules from Certarus

August 10, 2023 00:44 ET| Source: Hexagon Composites ASA

10 August 2023: As previously disclosed, Hexagon Agility, a business of Hexagon Composites, signed a multi-year agreement in March 2021 with Certarus, a leading full-service provider of bulk gas transport, to supply Mobile Pipeline® modules for compressed gases.

Under this agreement, Hexagon Agility has received an additional order estimated at USD 54 million (approx. NOK 553 million). This is the largest single order for Mobile Pipeline ever received. 

As the industry leader, Certarus enables customers without pipeline access to transition to lower carbon energy, including compressed natural gas, renewable natural gas (CNG/RNG), and hydrogen rapidly driving customer decarbonization.

“We are accelerating the adoption of low carbon fuels with use of Hexagon Agility’s next generation TITAN modules,” said Curtis Philippon, President and CEO of Certarus. “The demand for our offering continues to rapidly grow as customer urgency to reduce emissions and secure reliable energy cost effectively is consistently driving us to improve our capabilities and scale our platform.  The TITAN modules have been the backbone of our fleet and we are excited to expand our operations with the new TITAN 450 that will allow us to deliver more gas with fewer trips.

Driving energy transformation

“We’re proud to have worked with Certarus for over a decade to drive energy transformation,” said Miguel Raimao, Vice President of Mobile Pipeline at Hexagon Agility. “Our newest innovation, the TITAN 450, is a game-changer. It expands our portfolio of gas transport solutions at a critical time when the world is increasingly turning to RNG as an immediate and cost-effective carbon negative solution.”

The new modules will be used by Certarus to transport CNG/RNG to decarbonize industrial applications; provide critical utility support during demand peaks and pipeline outages and connect RNG production facilities to natural gas pipelines.

Higher capacity, lighter design, lower emissions

TITAN 450 enables the safe transport of almost half a million standard cubic feet of CNG/RNG in a 40-foot module, resulting in a lower carbon footprint and reduced operating costs. The new product employs the latest technology in Type 4 composite cylinders and high-strength frame design. It delivers 25% greater gas capacity, while being 20% lighter in the same 40-foot length.

As with the current generation of TITAN products, the modules are approved for a variety of gases including CNG, RNG, Helium, and Hydrogen.

Timing

Deliveries of the new orders will commence in Q1 2024.

For more information:

Karen Romer, SVP Communications, Hexagon Composites ASA
Telephone: +47 950 74 950 | karen.romer@hexagongroup.com

Ingrid Aarsnes, VP Investor Relations and ESG, Hexagon Composites ASA
Telephone: +47 950 38 364 | ingrid.aarsnes@hexagongroup.com

About Certarus

Certarus is the North American leader in providing on-road low carbon energy solutions through a fully integrated CNG, RNG, and hydrogen platform. Certarus operates the largest virtual pipeline fleet in North America, with over 730 trailers by the end of 2023, to safely deliver clean burning fuels to energy, utility, agricultural and industrial customers not connected to a pipeline. By displacing more carbon intensive fuels, Certarus is leading the energy transition and helping customers lower operating costs and improve environmental performance. With the largest fleet of mobile storage units in North America, Certarus is uniquely positioned to meet the growing demand for low and zero emission energy distribution. Learn more at certarus.com.

About Hexagon Agility

Hexagon Agility, a business of Hexagon Composites, is a leading global provider of clean fuel solutions for commercial vehicles and gas transportation. Its product offerings include (renewable) natural gas storage and distribution systems, Type 4 composite natural gas cylinders, and (renewable) natural gas fuel systems. These products transport clean gaseous fuels and enable vehicles to reduce emissions while saving operating costs. Learn more at hexagonagility.com and follow @HexagonAgility on Twitter and LinkedIn.

About Hexagon Composites ASA

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 hexagongroup.com and follow @HexagonASA on Twitter and LinkedIn.

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange release was published by Ingrid Aarsnes, VP IR & ESG, Hexagon Composites ASA on 10 August 2023 at 06:44 am CEST.

https://www.globenewswire.com/news-release/2023/08/10/2722285/0/en/Hexagon-Agility-receives-significant-order-for-Mobile-Pipeline-next-generation-TITAN-modules-from-Certarus.html


Today, 07:58 ‧ Michel Doepke

Tenfold ‑ Candidate Hexagon Composites: record order for mobile pipeline

In issue 31/23, DER AKTIONÄR presented shares that have long-term what it takes to increase tenfold. One of them: Hexagon Composites. The manufacturer of high-pressure containers and systems benefits from the progressive decarbonization around the world. The Group's Mobile Pipeline division can now record a new record order.

Specifically, the Hexagon Composites business unit Hexagon Agility secures the big order. Equivalent: $ 54 million. The client is once again the American company Certarus, which wants to purchase the next generation of Norwegian TITAN transport modules. The order is based on a multi-year delivery agreement that Certarus and Hexagon Composites entered into in March 2021.

"We have been proud to have been working with Certarus for over a decade to drive the energy transition," said Miguel Raimao, Vice President of Mobile Pipeline at Hexagon Agility. "Our latest innovation, the TITAN 450, is a game changer. It expands our portfolio of gas transportation solutions at a critical time, in which the world is increasingly turning to RNG as an immediate and cost-effective carbon-negative solution."

In North America, RNG ( renewable natural gas ) is becoming increasingly popular in order to sustainably promote cross-sector decarbonization. Hexagon Composites benefits from this with its innovative storage and transport solutions.

The large order clearly creates more visibility at Hexagon Composites and should also generate attractive margins. The Scandinavian title should clearly benefit from the news and should now strive towards the annual high. The share remains a clear speculative purchase. Would you like to get to know other exciting investment opportunities with tenfold potential? Then secure the stock exchange letter "Ver10facher". Get in now.

https://www.deraktionaer.de/artikel/mobilitaet-oel-energie/verzehnfacher-kandidat-hexagon-composites-rekordauftrag-fuer-mobile-pipeline-20337400.html
Rect Angel
10.08.2023 kl 11:18 5797

Litt synd at verken Finansavisen eller DN ser ut til å ha fått med seg/ har oppslag om dagens nyhet om en enkelt ordre verdt ca. 553 millioner NOK til Hexagon Composites.
Redigert 10.08.2023 kl 11:24 Du må logge inn for å svare
Rect Angel
10.08.2023 kl 15:26 5699

Da kom Finansavisen på banen med Engeset i halv tre tiden. Bra.


– Markedet er veldig sterkt

Hexagon Agility har fått sin største kontrakt noensinne for frakt av naturgass. Selskapet skal levere containerløsninger til en verdi av 550 millioner kroner.

Publisert 10. aug. 2023 kl. 14.42

Hexagon Agilty er Hexagon Composites viktigste datterselskap. I første kvartal hadde Agility en omsetning på nesten 900 millioner kroner, av konsernets totalomsetning på 1,1 milliard kroner. Hexagon Agility leverer komposittanker og drivstoffsystemer til kjøretøy og tanker til lagring og transport av naturgass.

Nå har en av selskapet viktigste kunder bestilt distribusjonssystemer til lagring og transport av naturgass for 550 millioner kroner. Dette er Hexagon Agilitys største kontrakt i dette segmentet noensinne.

– Dette markedet er veldig sterkt for tiden, og vi ser for oss at det vil styrke seg ytterligere fremover, sier konsernsjef Jon Erik Engeset i Hexagon Composites. 

Gradvis bedre marginer

Ti tross for at markedet er sterkt, og konsernet rapporterte en vekst i Hexagon Agility på 23 prosent i første kvartal, har marginen vært veldig svake etter pandemien. I første kvartal falt EBITDA-marginen til 4 prosent, mens målet er å nå 15 prosent i 2025.

«De to viktigste grunnene til de dårlige marginene i Hexagon Agility er litt svakere volumutvikling og fortsatt noen problemer i forsyningskjeden. Dette medfører ekstrakostnader, og at vi ikke får utnyttet apparatet vårt slik vi ønsker,» sa Engeset, da førstekvartalstallene ble presentert i mai.

– Hvordan påvirkes marginene av denne kontrakten?

– Jeg kan ikke kommentere marginene med tanke på at vi rapporterer kvartalstall i neste uke. Men vi sa på førstekvartalspresentasjonen at vi forventer gradvis bedrede marginer, og vi har ikke gått tilbake på det utsagnet, sier Engeset.

https://www.finansavisen.no/industri/2023/08/10/8027999/engeset-i-hexagon-composites-markedet-er-veldig-sterkt?internal_source=sistenytt


PS) Liso. Må ha det med her også siden dette er en 'samletråd'.
Redigert 10.08.2023 kl 17:03 Du må logge inn for å svare
Rect Angel
10.08.2023 kl 22:14 5521

En liten kuriositet.

Tradegate Berlin vs Oslo Børs 10.08.2023.

Sjekk ut denne. For litt av en graf! Hexagon Composites er notert og omsettes på Tradegate i Tyskland. Tradegate åpner 08:00. Se kursutvikling og handel i Hexagon Composites på Tradegate mellom 08:00 og 09:00 imorges som reaksjon på at Hexagon Composites på morgenskvisten børsmeldte ny kontrakt verdt ca. 553 milioner NOK.

Like før Oslo Børs åpnet 09:00, var aksjekursen opp 15.9% på Tradegate, men så åpnet Oslo Børs...

https://www.tradegate.de/orderbuch.php?lang=en&isin=NO0003067902&suche=NO0003067902
Redigert 10.08.2023 kl 22:17 Du må logge inn for å svare
Rect Angel
11.08.2023 kl 12:00 5407

Superior Plus kjøpte opp Certaurus 31.mai i år. Så her snakker vi gigant i ordets rette forstand. Så dermed trenger man kanskje ikke å være rakettforsker e.l. for å skjønne potensialet for Hexagon Group i denne forretningsforbindelsen i årene som kommer når man tar i betraktning eksplosjonen i opptak av RNG som energikilde i Nord-Amerika (selv om akkurat 'RNG revolusjonen' i Nord-Amerika selvfølgelig ikke står spesielt høyt på agendaen i oljetunge Norge) samtidig som Certarus, Superior Plus Corp. uttaler at "The TITAN modules have been the backbone of our fleet and we are excited to expand our operations with the new TITAN 450 that will allow us to deliver more gas with fewer trips".


Superior Plus Completes Transformative Acquisition of Certarus

May 31, 2023 08:51 AM Eastern Daylight Time

* Superior adds an industry leader in high demand, low carbon energy distribution for CNG, RNG and hydrogen

* The combination of Superior and Certarus creates a North American leader in low-carbon energy distribution helping customers achieve sustainability goals

https://www.businesswire.com/news/home/20230530005693/en/Superior-Plus-Completes-Transformative-Acquisition-of-Certarus


Og her er meldingen fra Certarus, Superior Plus Corp. om gårsdagens storkontrakt med Hexagon Composites's Hexagon Agility.


Certarus Announces Largest Single Order of MSUs

Business Wire
Published Aug 10, 2023  •  3 minute read

TORONTO — Certarus, Superior Plus Corp.’s (“Superior”) low carbon energy solutions business, (TSX: SPB), announces it has placed an order for USD $54 million of Mobile Storage Units (“MSUs”) with longtime partner, Hexagon Agility (“Hexagon“), a business of Hexagon Composite. This is the single largest order of MSUs ever placed with Hexagon with deliveries expected to commence in Q1 2024.

As the industry leader in on-road low carbon energy distribution, Certarus enables customers without pipeline access to transition to lower carbon energy, including compressed natural gas (“CNG”), renewable natural gas (“RNG”), and hydrogen to help rapidly drive decarbonization efforts.

“We are continuing to invest to enable the adoption of low carbon fuels with the use of Hexagon’s next generation TITAN modules,” said Curtis Philippon, President of Certarus. “With the Superior transaction now complete, we are aggressively investing to grow as customer urgency to reduce emissions and secure reliable portable energy in a cost-effective manner accelerates. The TITAN modules have been the backbone of our fleet and we are excited to expand our operations with the new TITAN 450 that will allow us to deliver more gas with fewer trips.”

The new MSUs will be used by Certarus to transport CNG, RNG and hydrogen to decarbonize industrial applications, provide critical utility support during demand peaks and pipeline outages, and connect RNG production facilities to natural gas pipelines.

About Superior Plus

Superior is a leading North American distributor of propane, compressed natural gas, renewable energy and related products and services, servicing approximately 936,500 customer locations in the U.S. and Canada. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, Superior safely delivers clean burning fuels to residential, commercial, utility, agricultural and industrial customers not connected to a pipeline. By displacing more carbon intensive fuels, Superior is a leader in the energy transition and helping customers lower operating costs and improve environmental performance.

https://financialpost.com/pmn/business-wire-news-releases-pmn/certarus-announces-largest-single-order-of-msus


Redigert 11.08.2023 kl 12:04 Du må logge inn for å svare
Rect Angel
17.08.2023 kl 07:15 5128

👍 Bingo! 👏

For dette må vel sies å være over all forventning allerede når det gjelder bedrede marginer, sammenlignet med de par siste kvartal. Og når man samtidig leverer en omsetningsvekst på 32% YOY i kvartalet, er jo dette helt rått. Vekst og verdi hånd i hånd! I pose og sekk.

Superstrong outlook når det gjelder alle divisjoner!

Gruser analytikerenes estimater totalt (ref. TDN Finans, nederst i innlegget)!

Rapport og presentasjon er vedlagt hvis man åpner linken til pressemeldingen.


Hexagon Composites ASA: Second quarter 2023

August 17, 2023 01:00 ET| Source: Hexagon Composites ASA

17 August 2023: Hexagon Composites (OSE: HEX.OL), world leader in composite cylinder technology and related systems that enable safe delivery of clean gaseous energy for transportation, industries and homes, reported record high revenues of NOK 1 368 (1 034) million (excluding Hexagon Purus) in the second quarter 2023.  This represents 32% growth compared to the same quarter last year, driven by higher volumes and improved pricing. The EBITDA reached NOK 148 (90) million.

On 29 June, the board of directors of Hexagon Composites ASA resolved to distribute 25% of the outstanding shares in Hexagon Purus ASA as a dividend-in-kind to its shareholders and enter into a total return swap for an additional 5% of the shares, effectively reducing ownership in Hexagon Purus to 38.4%. This reduction entailed deconsolidation of Hexagon Purus from Hexagon Composites and generated an accounting gain of NOK 2.35 billion.

Chief Executive Officer statement

“We are pleased to see the profit improvement measures taking effect in Hexagon Agility, and together with high recurring volumes in Hexagon Ragasco driving increased profitability in the quarter,” says Jon Erik Engeset, CEO Hexagon Composites.

Outlook

The ongoing sustainability-driven developments in the EU and the US, as well as changes in industry dynamics, support significant long-term clean energy technology opportunities. These trends are positive for all Hexagon business units.

For further details, please see the attached second quarter 2023 report and presentation.

Presentation of the results today at 08:30 am CEST

Jon Erik Engeset (CEO) and David Bandele (CFO) will present the results at 08:30 am today in Oslo. The presentation will be held in the Auditorium at Hexagon's location in Oslo, Haakon VIIs gate 2, on the lower level. If you would like to attend the presentation, please pre-register by emailing ir@hexagongroup.com, alternatively register upon arrival.

The presentation will also be broadcast live via:

https://channel.royalcast.com/landingpage/hegnarmedia/20230817_2/

For more information:

Ingrid Aarsnes, VP Investor Relations & ESG, Hexagon Composites ASA
Telephone: +47 950 38 364 | ingrid.aarsnes@hexagongroup.com

Karen Romer, SVP Communications, Hexagon Composites ASA
Telephone: +47 950 74 950 | karen.romer@hexagongroup.com

About Hexagon Composites ASA

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 the Norwegian Securities Trading Act

https://www.globenewswire.com/news-release/2023/08/17/2726896/0/en/Hexagon-Composites-ASA-Second-quarter-2023.html


HEX: DRIFTSRESULTAT (EKS. PURUS) 83M I 2.KV 2023 (33)

17.8.2023 07:13 • TDN Finans •

Oslo (Infront TDN Direkt): Hexagon Composites ekskludert Purus fikk et driftsresultat på 83 millioner kroner i andre kvartal 2023, mot et driftsresultat på 33 millioner kroner i samme periode året før.
Det fremgår av selskapets kvartalsrapport torsdag.

Omsetningen ekskludert Purus endte på 1.368 millioner kroner i kvartalet (1.034), mens ebitda ekskludert Purus utgjorde 148 millioner kroner (90). Det var på forhånd ventet en omsetning på 1.173 millioner kroner og en ebitda på 95 millioner kroner, ekskludert Purus, ifølge konsensusestimat oppgitt av selskapet.

TDN Direkt finans@tdn.no Infront TDN Direkt, +47 21 95 60 70
Redigert 17.08.2023 kl 07:41 Du må logge inn for å svare
Rect Angel
17.08.2023 kl 08:52 5035

Sitter og ser presentasjonen. Man strutter av selvtillit. En ren fornøyelse dette. Så anbefales på det sterkeste når opptak etterhvert foreligger.

Nå Q & A.

https://www.finansavisen.no/fatv/kvartalspresentasjoner/2023/08/11/8028391/hexagon-composites-webcast-q2


HEX: SER STERK ETTERSPØRSEL I DE FLESTE SEGMENTER

17.8.2023 07:59 • TDN Finans •

Oslo (Infront TDN Direkt): Hexagon Composites ser sterk etterspørsel i de fleste segmenter.
Det fremgår av selskapets kvartalsrapport for andre kvartal torsdag.

"Etterspørselen er sterk i de fleste segmenter. Pågående utvikling i EU og USA og endringer i industridynamikken forventes å støtte betydelige langsiktige muligheter for ren energiteknologi", skriver selskapet i kvartalsrapporten.

Videre skriver selskapet at Hexagon Agility sin ordrebok for andre halvår 2023 er sunn med ordrereserve som strekker seg inn i 2024.

For Mobile Pipeline CNG/RNG-segmentet forventes den høye etterspørselen å fortsette, drevet av dekarboriseringsmål og mangel på rørledningsinfrastruktur. Produksjonskapasiteten for 2023 er fullbooket, med ordrereserve som strekker seg inn i 2024, skriver selskapet.

TDN Direkt finans@tdn.no Infront TDN Direkt, +47 21 95 60 70
Redigert 17.08.2023 kl 14:43 Du må logge inn for å svare
Rect Angel
17.08.2023 kl 09:11 5004

Presentasjonen og Q & A runden ble avrundet med vel fortjent applaus fra de tilstedeværende.

Opptak av presentasjonen er allerede tilgjengelig.

https://www.finansavisen.no/fatv/kvartalspresentasjoner/2023/08/11/8028391/hexagon-composites-webcast-q2


Resultathopp i Hexagon Composites

Hexagon Composites kan vise til vekst i både omsetning og resultat. Aksjen stiger markant på Oslo Børs.

Publisert 17. aug. 2023 kl. 09.06

https://www.finansavisen.no/industri/2023/08/17/8029229/resultathopp-i-hexagon-composites

Redigert 17.08.2023 kl 09:15 Du må logge inn for å svare
Rect Angel
17.08.2023 kl 12:23 4928

Børsjubel og børsjubel... Basert på dagens Q2 tall og outlook, er det vanskelig å skjønne annet enn at oppsiden bør være betydelig fremover. Glem heller ikke 38.4% eierposten i vekstbomben Hexagon Purus som presenterte sitt Q2 tirsdag.

Husker jeg rett, nedgraderte iallefall 4 meglerhus Hexagon Composites i løpet av de siste par ukene før dagens Q2 presentasjon. Akkompagnert av kraftig kursnedgang, > 10%. Spennede å se om det blir noe å høre fra den kanten, i etterkant av at selskapet altså gruset analytikerenes estimater for Q2 fullstendig i morges.

Gjentar at jeg anbefaler på det sterkeste å se webcast'ene både fra Composites's og Purus's Q2 presentasjoner.


Børsjubel etter resultathopp

Endelig begynner prisøkningene å slå inn for Hexagon Composites. Det førte til en solid resultatforbedring og et kraftig kursløft.

Publisert 17. aug. 2023 kl. 11.59

https://www.finansavisen.no/industri/2023/08/17/8029607/borsjubel-etter-resultathopp-for-hexagon-compositesi
Redigert 17.08.2023 kl 12:24 Du må logge inn for å svare
Rect Angel
18.08.2023 kl 11:05 4751

Børsmelding.

Ettersom Hexagon Composites sitter igjen med kun 9 473 egne aksjer/'treasury shares' etter at dette insentivprogramnet er gjort opp, er det vel grunn til å tro at selskapet må i markedet for å handle egne aksjer man trenger til oppgjør i fremtidige insentivprogram for ansatte.


Tid 18.08.2023, 07:30:00
MeldingsID 597230
UtstederID HEX
MarkedOslo Børs

Hexagon Composites ASA: Settlement of Restricted Share Units

18 August 2023: Reference is made to the announcement on 29 July 2020, in which Hexagon Composites ASA (the "Company") announced the provisional award of Restricted Share Units ("RSUs") under a Long-Term Incentive Program (LTIP) to align the interests of the participating employees with those of the Company's shareholders. Each vested RSU give the holder the right to receive one share in the Company at an exercise price corresponding to the par value of the shares being NOK 0.10.

The total program ended at 85,058 RSUs. The transaction is settled in treasury shares, and following the transaction, the Company holds 9,473 treasury shares.

https://newsweb.oslobors.no/message/597230
Redigert 18.08.2023 kl 11:29 Du må logge inn for å svare
Rect Angel
18.08.2023 kl 12:47 4782

Da var allerede meldingen om tilbakekjøp av egne aksjer kommet ja, klokken 08:00 imorges. Tilbakekjøp av inntil hele 2 000 000 millioner egne aksjer i perioden fra publisering av meldingen frem til 31.oktober 2023.

Tak for total kostnad er 50 millioner NOK. Så hvis man teoretisk hadde kjøpt for hele beløpet akkurat nå, i skrivende stund, på kurs 30.70 NOK, hadde man fått 1 628 664 aksjer.

Av en eller annen grunn er der ingen referanse eller link til denne meldingen hos Nordnet under "Nyheter og Analyser" hvor alle meldinger vanligvis publiseres. Så denne har man ikke fått med seg.


Hexagon Composites ASA: Initiation of share buyback program to fulfil incentive programs obligations

August 18, 2023 02:00 ET Source: Hexagon Composites ASA

18 August 2023: Hexagon Composite ASA has decided to initiate a buyback of up to 2,000,000 of its own shares for an amount up to NOK 50 million. The buyback program may be carried out in the period from this announcement and until 31 October 2023. The[DB1]  purpose of the program is to fulfil the Company's obligations under its incentive programs.

Hexagon Composites has engaged a third party to carry out the share buybacks in the market. The third party will make its trading decisions independently of, and uninfluenced by the Company. The share buybacks will be made in accordance with the authorization granted to the Board of Directors by the Company's Annual General Meeting held on 26 April 2023.
                                                         
Transactions will be conducted in accordance with the Market Abuse Regulation (EU) No 596/2014 ("MAR") and Commission Delegated Regulation (EU) No 2016/1052 ("Safe Harbour Regulation").

Hexagon Composites holds 9,473 own shares as of the date of this announcement.

For more information:
Ingrid Aarsnes, VP Investor Relations and ESG, Hexagon Composites ASA
Telephone: +47 950 38 364 | ingrid.aarsnes@hexagongroup.com

About Hexagon Composites ASA
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 made public by Hexagon Composites pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

https://www.globenewswire.com/news-release/2023/08/18/2727725/0/en/Hexagon-Composites-ASA-Initiation-of-share-buyback-program-to-fulfil-incentive-programs-obligations.html
Redigert 18.08.2023 kl 12:48 Du må logge inn for å svare
Rect Angel
21.08.2023 kl 12:28 4591

Eksklusivt intervju med Engeset.

Drahjelp fra DER AKTIONÄR for Hexagon Composites når det gjelder det tyske aksjemarkedet. Dermed synliggjøres torsdagens Q2 2023 med superstrong YOY omsetningsvekst og en nærmest 'sjokkartet' rask forbedring av EBITDA-marginer for mange. Og noe bedre neser i Tyskland enn i Norge når det gjelder å lukte seg frem til de beste 'grønne investeringene'?

Gjengir det man får gratis. For å lese resten av dette eksklusive intervjuet med Engeset, kreves det innlogging.


Today, 11:30 a.m. ‧ Michel Doepke

Exclusive: After a record order and top ‑ Numbers – Hexagon ‑ Composites ‑ Chief in AKTIONÄR ‑ Interview

The Norwegian manufacturer of high-pressure containers and systems recently received a record order in the Mobile Pipeline segment. Hexagon Composites then convinced with strong figures for the second quarter. DER AKTIONÄR took the news as an opportunity to interview company leader Jon Erik Engeset.

DER AKTIONÄR: Mr. Engeset, Mobile Pipeline has reported the largest single order in history. Are there any other orders of this size in the pipeline?

Jon Erik Engeset: In the current year we have announced orders of more than 1.2 billion Norwegian kroner for the Hexagon Agility Mobile Pipeline distribution systems and we have an order backlog, that extends well into 2024. Significant orders are expected, but as a listed company, we cannot comment on details. However, I can say that there is a rapidly growing demand for mobile pipeline units in both the United States and Europe as customers are urgently trying, want to improve their carbon footprint – and secure reliable energy costs. RNG / biomethane is an immediate and cost-effective carbon-negative solution.

In response to this growing demand, Hexagon continues to develop its portfolio. Our groundbreaking gas transportation solutions such as the TITAN 450 enable our customers, transport more carbon-neutral fuel per trip and thus reduce the number of trips required. This is both good for business and good for the environment.

https://www.deraktionaer.de/artikel/mobilitaet-oel-energie/exklusiv-nach-rekordauftrag-und-top-zahlen-hexagon-composites-chef-im-aktionaer-interview-20337999.html
Redigert 21.08.2023 kl 12:41 Du må logge inn for å svare
Tyrkman
21.08.2023 kl 17:32 4454

Det ser godt ud. Super potientiale i denne og Purus. Dette bliver stort for de tålmodige 🤑🤑🤑
Rect Angel
23.08.2023 kl 10:33 4276

HEX: DANSKE BANK OPPJUSTERER KURSMÅL TIL 42 (36), GJENTAR KJØP

23.8.2023 09:57 • TDN Finans • 

Oslo (Infront TDN Direkt): Danske Bank oppjusterer kursmål på Hexagon Composites til 42 kroner, fra tidligere 36 kroner, og gjentar kjøpsanbefalingen.

Det fremgår av en analyse fra meglerhuset onsdag.

Oppjusteringen kommer som følge av en sterk kvartalsrapport for andre kvartal, hvor meglerhuset skriver at både salg og ebitda var godt over forventningene i de underliggende segmentene.

Ljungberg Steensen, Philip finans@tdn.no Infront TDN Direkt, +47 22 00 11 55



Danske Bank-analytiker Joakim Petterson har justert opp kursmålet på Hexagon Composites-aksjen fra 36 til 42 kroner. Han gjentar kjøpsanbefaling. Blant analytikerne er det 5 kjøpsanbefalinger, 2 holdanbefalinger og ingen salgsanbefalinger.

https://www.finansavisen.no/finans/2023/08/23/8031045/bred-nedjustering-av-kursmal-fra-analytikerne-onsdag
Redigert 23.08.2023 kl 10:35 Du må logge inn for å svare
Rect Angel
28.08.2023 kl 21:48 4080

Hexagon Composites.

Børsmelding. Foreløpig status pr. 28.08.2023 når det gjelder tilbakekjøpsprogrammet annonsert 18.08.2023 (se innlegg 18.08.2023 kl 12:47 på denne tråden for mer).

Åpner man linken nederst, finner man link til detaljert oversikt over alle handler.


Hexagon Composites ASA: Share buyback program status

August 28, 2023 13:44 ET| Source: Hexagon Composites ASA

28 August 2023: With reference to the share buyback program announced 18 August 2023, Hexagon Composites ASA ("the Company") has purchased 392,102 of its own shares. The shares were purchased at an average price of NOK 33.88 per share. An overview of daily share purchases, as well as a detailed overview of all transactions made under the share buyback program is attached.

Date on which the buyback program was announced: 18 August 2023

The duration of the buyback program: 18 August 2023 until 31 October 2023

Size of the buyback program: Up to NOK 50 million

Following the transactions, the Company owns 401,575 of its own shares, which represents 0.2% of the total shares outstanding.

For additional information:
Ingrid Aarsnes, VP Investor Relations and ESG, Hexagon Composites ASA
Telephone: +47 950 38 364 | ingrid.aarsnes@hexagongroup.com

About Hexagon Composites ASA

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 made public by Hexagon Composites pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

https://www.globenewswire.com/news-release/2023/08/28/2732887/0/en/Hexagon-Composites-ASA-Share-buyback-program-status.html
Redigert 28.08.2023 kl 22:03 Du må logge inn for å svare
Rect Angel
29.08.2023 kl 09:48 3996

Carnegie höjer riktkursen för Hexagon Composites till 42 norska kronor (35), upprepar köp – BN

Publicerad
28 aug kl 13.13

Carnegie höjer riktkursen för Hexagon Composites till 42 norska kronor (35), upprepar köp – BN

newsroom@finwire.se
Nyhetsbyrån Finwire

https://www.realtid.se/telegram/carnegie-hojer-riktkursen-for-hexagon-composites-till-42-norska-kronor-35-upprepar-kop-bn/
Liso
29.08.2023 kl 10:23 3983

Selger ikke en aksje her under 50 !
Rect Angel
29.08.2023 kl 10:38 3992

10x candidate Hexagon Composites: Rally alert – stock unleashed

Today, 10:02 a.m. ‧ Michel Doepke

In issue 31/23 of DER AKTIONÄR shares were presented that have what it takes to increase tenfold in the future. Among them was the share from Hexagon Composites. After a record order for Mobile Pipeline, strong second quarter figures and positive analyst comments, the value is unstoppable.

At the beginning of the week, analyst Fabian Jorgensen from the Carnegie Group took another close look at the Scandinavian title. The expert increased his price target for the manufacturer of high-pressure vessels and systems by 7.00 to 42.00 Norwegian kroner (equivalent to 3.63 euros), his rating is accordingly "Buy".

Upbeat analyst comment sent the Scandinavian stock to a fresh 52-week high on Monday. And chances are the rally will continue in the coming months. In the opinion of the DER AKTIONÄR, Hexagon Composites is a clear winner of the progressive decarbonization. The company generates most of its sales in the USA, followed by Europe.

"We are world leaders in composite cylinder technology and related systems that enable the safe delivery of clean gaseous energy for transportation, industry and homes," company director Jon Erik Engeset recently told DER AKTIONÄR. "Our products are sold in over 100 countries around the world."

The outlook for Hexagon Composites remains excellent. If the company manages to sustainably increase its margins and keep the number of major orders high, the share price should be significantly higher in the medium to long term. After the dynamic upward movement, however, it is time for a breather. After a reset, speculatively oriented newcomers can then access it.

https://www.deraktionaer.de/artikel/mobilitaet-oel-energie/verzehnfacher-kandidat-hexagon-composites-rally-alarm-aktie-wie-entfesselt-20338457.html
Redigert 29.08.2023 kl 10:38 Du må logge inn for å svare
Rect Angel
29.08.2023 kl 18:53 3874

CNBC artikkel.

RNG/biometan/biogass. Gates og kumpaner fokuserer her 100% for å substituere kjøtt med plantebasert, for å begrense metanutslipp fra krøtter og naturgjødsel.

Tillater meg å vinkle over mot Hexagon Composites og en annen måte å redusere metanutslipp på:

RNG/biometan/biogass (les: metan) som energikilde, for når RNG/biometan/biogass benyttes som energikilde som drivstoff, til industriproduksjon eller til oppvarming, hva skjer da?

Jo, vi får 0 utslipp av metan til atmosfæren. Alt brennes vekk. Dette er vår tids 'her og nå løsning' No1 når det gjelder å kutte klimagassutslipp. Dette har man allerede skjønt i USA der opptak av RNG/biometan/biogass som energikilde nå vokser eksplosivt. Deler av kloden har begynt å følge etter, og alt tyder nå på at utviklingen og veksten her bare vil akselerere, i uoverskuelig fremtid.

Så vi snakker her om en gigatrigger for Hexagon Composites som er den globalt ledende aktøren innen lagring og transport av gass samt innen gassbaserte drivstoffsystemer. Veksten dokumenteres av selskapet i kvartalsrapporter, senest i Q2 2023 rapporten for 14 dager siden (omsetningsvekst på 32% YOY i kvartalet).


POWER PLAYERS

Bill Gates: This is the major contributor to climate change that people are ‘probably least aware of’—It’s ‘a challenge’

Published Tue, Aug 29 202312:07 PM EDT
Tom Huddleston Jr.
...
“Of all the climate areas, the one that people are probably least aware of is all the fertilizer and cows, and that’s a challenge,” Gates recently said on the latest episode of his podcast, “Unconfuse Me.”
...

https://www.cnbc.com/2023/08/29/bill-gates-climate-change-cause-people-are-least-aware-of.html
Redigert 29.08.2023 kl 18:55 Du må logge inn for å svare
Rect Angel
01.09.2023 kl 17:16 3674

Som Doepke er inne på her, er den nye 15 liters motoren til Cummins en kjempetrigger for Hexagon Agility/Hexagon Composites.

August ble en fin måned. God helg.


Tenfold ‑ Candidate Hexagon Composites: Revaluation runs – Share with new high

Today, 12:35 ‧ Michel Doepke

Hexagon Composites shares have hit a fresh 52-week high on the home exchange in Oslo. However, the potential of the value, which was presented as a potential tenfold increase in the 31/23 issue of DER AKTIONÄR, should not yet be exhausted. Because the growth prospects for the manufacturer of high-pressure vessels and systems are brilliant.

The company generates over 60 percent of its sales in North America. And the market is becoming increasingly important. Renewable natural gas (RNG) is becoming increasingly popular overseas as a low-emission alternative to diesel. "A significant portion of RNG comes from agricultural sources that are stranded without access to pipeline infrastructure. Our mobile pipeline solutions are key to getting this gas to the pipelines or directly to end customers in various industries, leading us to an important part of the ecosystem," Hexagon Composites boss Jon Erik Engeset recently told DER AKTIONÄR.

At the beginning of the year, S&P Global reported that RNG was attracting new interest from lenders and financiers. According to this, the expansion of subsidies for RNG production is expected to lead to massive growth and investments in the coming years.

"We expect production capacity to increase by about 50 percent by 2024 as the investment tax credit is passed and new development projects pick up," S&P Global quoted Daniel Flannery, managing director at Riverstone Holdings, as saying earlier this year. "We believe there is an opportunity to make a lot of money in the short and medium term," Flannery said.

Cummins as the driving force

The boom in low-emission gases in North America could only really pick up speed in the coming years. "There is a clear recognition of 'well-to-wheel' emissions in some states, driving the adoption of RNG as the most immediate and effective solution to reducing greenhouse gases," said Hexagon Composites CEO Engeset. "Against this backdrop, the addressable market for natural gas solutions is expected to triple after Cummins unveiled its new 15-liter natural gas engine, which is expected to hit the market in 2024."

The prospects for Norwegians, especially in the US and Canada, remain excellent. If the company manages to sustainably increase its margins and keep the number of major orders high, the share price should be significantly higher in the medium to long term. As a result of the demerger of the hydrogen subsidiary Hexagon Purus, the company should soon be in the black for a long time - and the market will give the company a higher valuation.

https://www.deraktionaer.de/artikel/mobilitaet-oel-energie/verzehnfacher-kandidat-hexagon-composites-neubewertung-laeuft-aktie-mit-neuem-hoch-20338696.html
Rect Angel
06.09.2023 kl 22:48 3425

Hexagon Composites.

Børsmelding. Foreløpig status pr. 06.09.2023 når det gjelder tilbakekjøpsprogrammet annonsert 18.08.2023 (se innlegg 18.08.2023 kl 12:47 på denne tråden for mer).

Åpner man linken nederst, finner man link til detaljert oversikt over alle handler.


Hexagon Composites ASA: Share buyback program status

September 06, 2023 15:35 ET| Source: Hexagon Composites ASA

6 September 2023: With reference to the share buyback program announced 18 August 2023, Hexagon Composites ASA ("the Company") has from  29 August to 6 September 2023 purchased 501,398 of its own shares. The shares were purchased at an average price of NOK 37.6778 per share. An overview of daily share purchases, as well as a detailed overview of all transactions made under the share buyback program is attached.

Date on which the buyback program was announced: 18 August 2023

The duration of the buyback program: 18 August 2023 until 31 October 2023

Size of the buyback program: Up to NOK 50 million

Following the transactions, the Company owns 902,973 of its own shares, which represents 0.45% of the total shares outstanding.

For additional information:
Ingrid Aarsnes, VP Investor Relations and ESG, Hexagon Composites ASA
Telephone: +47 950 38 364 | ingrid.aarsnes@hexagongroup.com

About Hexagon Composites ASA

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 made public by Hexagon Composites pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

https://www.globenewswire.com/NewsRoom/ReleaseNg/401605804
Liso
07.09.2023 kl 10:37 3368

Samler krefter til neste byks opp - pass på
Rect Angel
10.09.2023 kl 20:53 3190

Gedigne nyheter fra helgens G20 møte i India, og en ditto trigger for Hexagon Composites som er global markedsleder innen transport og lagring av gass samt innen gassbaserte drivstoffsystemer til transportnæringen.


Oil & Gas
6 Min Read

India launches Global Biofuel Alliance at G20: A paradigm shift in sustainable energy and economic strategy

The establishment of the Global Biofuels Alliance signifies a monumental step toward a more sustainable energy future.

Saurav Anand, ETEnergyWorld
Updated On Sep 10, 2023 at 10:24 AM IST

New Delhi: The Global Biofuel Alliance (GBA), formally launched during the G20 Summit in New Delhi by Prime Minister Narendra Modi, stands as a transformative milestone in the global energy landscape. This alliance, driven by India, the United States, and Brazil, is a concerted effort to address pressing energy and economic challenges through sustainable biofuels. Let's find out what the GBA means for global biofuel efforts, its potential to ease India's oil import bill crisis, and how it can catalyze cost-effective biofuel production.

The Global Biofuels Alliance: A game-changer for sustainable energy

The inauguration of the Global Biofuel Alliance at the G20 Summit signifies a pivotal moment in the pursuit of sustainable energy solutions. Led by India, Brazil, and the United States, this alliance aims to reshape the global biofuels landscape, providing a collaborative platform for nations to exchange best practices, accelerate technology development, and bolster policy frameworks.

Biofuels, derived from renewable sources such as biomass and agricultural waste, offer a greener alternative to conventional fossil fuels, with lower carbon emissions. The GBA's mission is to propel these sustainable alternatives into the mainstream, contributing significantly to climate change mitigation.
...
The road ahead: Biofuels as a sustainable energy solution

The establishment of the Global Biofuels Alliance heralds a new era in the pursuit of sustainable energy solutions. Nations worldwide are coming together to champion biofuels, recognizing their pivotal role in curbing greenhouse gas emissions and mitigating climate change.
...
The Significance of the GBA: Data insights

The Alliance was officially launched at the G20 Summit in New Delhi. Spearheaded by India, Brazil, and the United States, the GBA has nine initiating members, including India, the US, Brazil, Argentina, Bangladesh, Italy, Mauritius, South Africa, and the United Arab Emirates. Canada and Singapore are observer countries, and a total of 19 countries and 12 international organizations have expressed their intent to join the alliance.

Seven of the 19 countries are from the G20, four are G20 invitee countries, and eight are neither G20 members nor invitees. Notably, key international organizations such as the World Bank, Asian Development Bank, World Economic Forum, International Energy Agency, International Energy Forum, International Renewable Energy Agency, and International Civil Aviation Organization have also pledged to join the alliance.

The GBA's objectives include promoting international collaboration, developing robust biofuel markets, intensifying the use of sustainable biofuels in transportation, sharing policy lessons, and offering technical support for national biofuels programs. This alliance aims to complement existing regional and international agencies and initiatives in the bioenergy and energy transition sectors.

https://energy.economictimes.indiatimes.com/news/oil-and-gas/india-launches-global-biofuel-alliance-at-g20-a-paradigm-shift-in-sustainable-energy-and-economic-strategy/103547199?redirect=1
Redigert 10.09.2023 kl 21:02 Du må logge inn for å svare
Rect Angel
11.09.2023 kl 21:57 3112

Melding.


Hexagon Digital Wave’s proprietary Modal Acoustic Emission technology approved for use in Canada

September 11, 2023 13:00 ET| Source: Hexagon Composites ASA

CENTENNIAL, CO., September 11, 2023 - Hexagon Digital Wave, a business of Hexagon Composites, has received an equivalency certificate from Transport Canada (TC) authorizing the use of its Modal Acoustic Emission (MAE) technology to requalify composite overwrapped pressure vessels (COPV) used in virtual pipeline trailers manufactured by Quantum Fuel Systems which are subject to periodic inspection and testing once every five years.

This equivalency certificate opens a new market for Hexagon Digital Wave’s MAE technology in Canada and further positions the company as the leader in the North American requalification market.

Driving energy transformation

“Hexagon Digital Wave’s MAE technology provides a faster, and more accurate means of assessing structural integrity in cylinders used to transport compressed gases.  We are excited to offer the benefits of our superior technology to Canadian customers that enables safe and efficient operations,” says George Siedlecki, CEO, Hexagon Digital Wave.

With the issuance of this TC-SH 13911 equivalency certification, Transport Canada becomes the second regulatory agency authority with high pressure compressed gas cylinder oversight to acknowledge and approve the benefits and safety provided by MAE testing.

About the technology

MAE uses advanced electronics and sensors that capture broadband waveforms and specialty algorithms to identify structural integrity flaws present in composite pressure vessels.  MAE is an authorized periodic inspection method for the Department of Transportation / Pipeline of Hazardous Materials Safety Administration and Transport Canada jurisdictions.  Testing using the MAE technology eliminates venting of contents to the atmosphere thereby minimizing environmental impact.

A significant increase in customer demand for compressed gas transport is driving trailer owners to seek safe, yet time efficient, methods of cylinder requalification. Hexagon Digital Wave’s MAE technology meets these needed requirements, and when deployed alleviates pain points for owners / operators and trailer OEMs alike.

Contacts:

Karen Romer, SVP Communications, Hexagon Composites
Telephone: +47 950 74 950 | karen.romer@hexagongroup.com

Ryan C. Pennock, Head of Business Development
Telephone: 770 262 4719 | ryan.pennock@hexagondigitalwave.com 

About Hexagon Digital Wave

Hexagon Digital Wave, a subsidiary of Hexagon Composites ASA, is a leading digital solutions provider of non-destructive testing methods, which includes Ultrasonic Examination (UE) and Modal Acoustic Emission (MAE) inspection products and services. With applications in the industrial gas, fire service equipment, medical oxygen, automotive, alternative fuels, and aerospace industries, Hexagon Digital Wave’s goal is to remove technology barriers and simplify workflows with digital and automated platforms that enhance productivity and reduce total cost of ownership. Through its platforms, Hexagon Digital Wave is on the leading edge of reducing cylinder landfill waste and increasing asset availability and up-time.

Learn more at www.hexagondigitalwave.com and follow @HexagonDigitalWave on LinkedIn.

About Hexagon Composites ASA

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.

https://www.globenewswire.com/news-release/2023/09/11/2741107/0/en/Hexagon-Digital-Wave-s-proprietary-Modal-Acoustic-Emission-technology-approved-for-use-in-Canada.html
Redigert 11.09.2023 kl 21:58 Du må logge inn for å svare
Liso
12.09.2023 kl 12:21 3003

Samler krefter før nytt støt opp. Flott. Fikk noen 1000 nye i dag til en ok pris.
Framtia
12.09.2023 kl 14:02 3004

Litt suspekt med kursfall på 4-5% uten selskap spesifikke nyheter...🤔
Rect Angel
14.09.2023 kl 21:29 2893

Tilbakekjøpsprogrammet til Hexagon Composites avsluttet. Med det øker kanskje også sannsynligheten litt for at det snart dukker opp et eller annet interessant nytt på meldingsfronten, fra Composites eller Purus.


Hexagon Composites ASA: Share buyback program completed

September 14, 2023 14:28 ET| Source: Hexagon Composites ASA

14 September 2023: With reference to the share buyback program announced 18 August 2023, Hexagon Composites ASA ("the Company") has from 7 to 14 September 2023 purchased 476,880 of its own shares. The shares were purchased at an average price of NOK 37.3105 per share. An overview of daily share purchases, as well as a detailed overview of all transactions made under the share buyback program is attached.

Date on which the buyback program was announced: 18 August 2023

The duration of the buyback program: 18 August 2023 until 31 October 2023

Size of the buyback program: Up to NOK 50 million

Following the transactions, the Company owns 1,379,853 of its own shares, which represents 0.68% of the total shares outstanding.

For additional information:
Ingrid Aarsnes, VP Investor Relations and ESG, Hexagon Composites ASA
Telephone: +47 950 38 364 | ingrid.aarsnes@hexagongroup.com

About Hexagon Composites ASA

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 made public by Hexagon Composites pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

https://www.globenewswire.com/news-release/2023/09/14/2743621/0/en/Hexagon-Composites-ASA-Share-buyback-program-completed.html
Redigert 14.09.2023 kl 21:33 Du må logge inn for å svare