Brief: Hexagon Digital Wave Signs Long Term Agreement With Certarus

Hexagon Composites ASA

19/10/2022 06:10

Oct 19 (Reuters) - Hexagon Composites ASA  HEX.OL :
    * SAID ON TUESDAY HEXAGON DIGITAL WAVE SIGNS LONG TERM
AGREEMENT
WITH CERTARUS USING MODAL ACOUSTIC EMISSION TECHNOLOGY TO
REQUALIFY TYPE-4 CYLINDERS
    * HAS SIGNED A LONG-TERM AGREEMENT WITH CERTARUS LTD.
(CERTARUS),
LEADING PROVIDER OF TURNKEY VIRTUAL PIPELINE SOLUTIONS IN NORTH
AMERICA
    * HEXAGON DIGITAL WAVE WILL PERFORM IN SITU MODAL ACOUSTIC
EMISSION (MAE) REQUALIFICATION OF TYPE-4 CYLINDERS USED FOR
TRANSPORTATION OF COMPRESSED NATURAL AND RENEWABLE NATURAL GAS
(CNG/RNG)
    * LONG-TERM AGREEMENT HAS A 3-YEAR TERM AND ESTIMATED VALUE
OF USD
2 MILLION ( APPROX. NOK 21 MILLION)

Source text for Eikon:  ID:nGNE794Jp8 
Further company coverage:  HEX.OL 
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