EUR 27 million Framework agreement
Hexagon Purus enters into framework agreement to deliver hydrogen distribution systems to a leading global energy company
(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.
Driving Energy Transformation
"The demand for our distribution system technology continues to remain strong on
the back of increased use of hydrogen as feedstock in industry processes but
also increasingly for zero-emission mobility. Our hydrogen distribution systems
based on Type-4 high-pressure cylinders offers the optimal combination of weight
and payload resulting in lower total cost of ownership compared to other
available technologies for transportation of hydrogen", says Michael
Kleschinski, EVP of Hexagon Purus.
About the market
The mobility sector is accountable for approximately 20% of annual carbon
emissions globally, and hydrogen has a significant role to play in reducing
these emissions. Making green hydrogen available for use in the mobility sector
and in other "hard to abate" industrial sectors is critical to reduce carbon
emissions.
As hydrogen, a key contributor to the energy transition, continues to build
momentum globally, more than 30 countries have released hydrogen roadmaps, USD
320 billion in direct investments into hydrogen projects have been announced
through 2030, more than 1,000 hydrogen projects have been announced globally to
date and green hydrogen is projected to supply up to 25% of the world's energy
needs by 2050.
For more information:
Mathias Meidell, Investor Relations Director, Hexagon Purus
Telephone: +47 909 82 242 | mathias.meidell@hexagonpurus.com
(mailto:mathias.meidell@hexagonpurus.com)
About Hexagon Purus
Hexagon Purus, a Hexagon Composites company, enables zero emission mobility for
a cleaner energy future. The company is a world leading provider of hydrogen
Type 4 high-pressure cylinders and systems, battery systems and vehicle
integration solutions for fuel cell electric and battery electric vehicles.
Hexagon Purus' products are used in a variety of applications including light,
medium and heavy-duty vehicles, buses, ground storage, distribution, refueling,
maritime, rail and aerospace.
Learn more at www.hexagonpurus.com (http://www.hexagonpurus.com) and follow
@HexagonPurus on Twitter and LinkedIn.
(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.
Driving Energy Transformation
"The demand for our distribution system technology continues to remain strong on
the back of increased use of hydrogen as feedstock in industry processes but
also increasingly for zero-emission mobility. Our hydrogen distribution systems
based on Type-4 high-pressure cylinders offers the optimal combination of weight
and payload resulting in lower total cost of ownership compared to other
available technologies for transportation of hydrogen", says Michael
Kleschinski, EVP of Hexagon Purus.
About the market
The mobility sector is accountable for approximately 20% of annual carbon
emissions globally, and hydrogen has a significant role to play in reducing
these emissions. Making green hydrogen available for use in the mobility sector
and in other "hard to abate" industrial sectors is critical to reduce carbon
emissions.
As hydrogen, a key contributor to the energy transition, continues to build
momentum globally, more than 30 countries have released hydrogen roadmaps, USD
320 billion in direct investments into hydrogen projects have been announced
through 2030, more than 1,000 hydrogen projects have been announced globally to
date and green hydrogen is projected to supply up to 25% of the world's energy
needs by 2050.
For more information:
Mathias Meidell, Investor Relations Director, Hexagon Purus
Telephone: +47 909 82 242 | mathias.meidell@hexagonpurus.com
(mailto:mathias.meidell@hexagonpurus.com)
About Hexagon Purus
Hexagon Purus, a Hexagon Composites company, enables zero emission mobility for
a cleaner energy future. The company is a world leading provider of hydrogen
Type 4 high-pressure cylinders and systems, battery systems and vehicle
integration solutions for fuel cell electric and battery electric vehicles.
Hexagon Purus' products are used in a variety of applications including light,
medium and heavy-duty vehicles, buses, ground storage, distribution, refueling,
maritime, rail and aerospace.
Learn more at www.hexagonpurus.com (http://www.hexagonpurus.com) and follow
@HexagonPurus on Twitter and LinkedIn.
Gitarhelt1
05.07.2023 kl 12:22
1066
Ser vi 18 snart på denne meldingen? Begynner å bli lei
Redigert 05.07.2023 kl 12:23
Du må logge inn for å svare
kruser
08.07.2023 kl 10:23
824
Heisan.
Hva er grunnen til denne faller rett i dørken ?
Noen som veit hvorfor ?
Hva er grunnen til denne faller rett i dørken ?
Noen som veit hvorfor ?
Aiko
08.07.2023 kl 10:42
797
Er vel ingen fundamentale endringer utover at aksjonærer mottar Hpur aksjer fra Hex som utbytte ?.
I mi bok er det vel kjøps signal i begge selskaper for tiden.
I mi bok er det vel kjøps signal i begge selskaper for tiden.
Framtia
09.07.2023 kl 11:39
566
For de som har fulgt Hex/Purus en stund så er kontrakter ensbetydende med kursfall!? Hvorfor vet ikke jeg, men at selskapene har underpresetert ( foreløpig)er udiskutabelt, sett opp mot inntekter...Tar et lite forbehold om Hex pløyer inntekt inn i R&D mm og det forklarer noe...Ledelsen fremhever økte kostnader, som årsak til lavere inntjening?
Purus er enn så lenge så godt som gratis, da eiendelene til Hex ikke gjenspeiles i regnskapet...
Purus er enn så lenge så godt som gratis, da eiendelene til Hex ikke gjenspeiles i regnskapet...