Brief: Gasco Saudi Arabia And Hexagon Ragasco Sign Five-Year Distribution Agreement For New, Custom-Sized Lpg Cylinders.

Hexagon Composites ASA

18/10/2023 17:46

Oct 18 (Reuters) - Hexagon Composites ASA  HEX.OL :
    * REG-GASCO SAUDI ARABIA AND HEXAGON RAGASCO SIGN A
FIVE-YEAR
DISTRIBUTION AGREEMENT FOR NEW, CUSTOM-SIZED LPG CYLINDERS.
    * FIRST NEW COMPOSITE LPG CYLINDERS WILL BE SHIPPED AND
INTRODUCED
TO SAUDI MARKET IN 2024
    * HEXAGON COMPOSITES: NEW CYLINDER MANUFACTURED AT HEXAGON
RAGASCO'S WORLD-CLASS, HIGH-VOLUME, FULLY AUTOMATED PRODUCTION
FACILITY IN RAUFOSS, NORWAY
    * HEXAGON-5 YEAR CONTRACT COVERS PROVISION AND DISTRIBUTION
OF
CUSTOM-MADE LPG CYLINDERS ON SAUDI ARABIAN DOMESTIC MARKET,
VALUED AT ABOUT 20 MILLION EUROS

Source text for Eikon:  ID:nGNE5Jvfdj 
Further company coverage:  HEX.OL 

 ((Reuters.Briefs@thomsonreuters.com;))