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