Hexagon Composites ASA

Alesund 6002

Company Details
Korsegata 4B
P.O. Box 836 Sentrum
Alesund 6002
NO
http://www.hexagon.no/
Phone:+47 70 30 44 50

Hexagon Composites ASA is a listed group with its head office in Ålesund, Norway. The group has more than 500 employees worldwide and posted a turnover of NOK 1 280 million in 2013.

It develops and manufactures composite pressure cylinders and systems for:

  • Liquefied Petroleum Gas (LPG)
  • Compressed Natural Gas (CNG)
  • Biomethane
  • Compressed Hydrogen Gas (CHG)  

Its customer base consists of:

  • Oil distributors
  • Passenger car OEMs
  • City bus manufacturers
  • Heayv duty vehicles OEMs
  • Windmill blade manufacturers
Products & Press Releases
Hexagon Tuffshell Natural Gas Tanks
Hexagon Receives DOE Funding for Development of Hydrogen, Natural Gas Storage Tanks
Hexagon received funding to research how carbon fiber and composite structure can be optimized to reduce hydrogen and natural gas storage tank costs.
August 7, 2020
Agility Supplying Natural Gas Fuel Systems to UPS
Agility Fuel Solutions will supply fuel systems and engines for medium- and heavy-duty trucks, as well as terminal tractors.
October 11, 2019
Hexagon Composites Announces Second Quarter Results
The first half of 2019 provided revenues of NOK 1,703.9 (783.0) million and an operating profit before depreciation (EBITDA) of NOK 212.3 (140.1) million.
August 16, 2019
Hexagon Composites Reports First Quarter Results
The company's first quarter revenue was driven by the strong performance of Agility Fuel Solutions which it completed the acquisition of in January.
May 8, 2019
Hexagon Composites Releases 2018 Annual Report
Group revenue increased by 4%; the group's aggregated consolidated operating revenue for the year nearly doubled actual reported revenue.
March 20, 2019
Hexagon Launches Hexagon Purus Business Division
Hexagon Purus will be a dedicated business division for the group-wide hydrogen activities and CNG light-duty vehicle activities.
February 26, 2019
Articles & News
Leading Hydrogen Fuel Cell Bus Companies Form H2Bus Consortium
It plans to deploy 1,000 hydrogen fuel cell electric buses, along with supporting infrastructure, in European cities at commercially competitive rates.
June 4, 2019
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More from Hexagon Composites ASA
Hexagon Tuffshell Natural Gas Tanks
Hexagon Receives DOE Funding for Development of Hydrogen, Natural Gas Storage Tanks
Hexagon received funding to research how carbon fiber and composite structure can be optimized to reduce hydrogen and natural gas storage tank costs.
August 7, 2020
Agility Supplying Natural Gas Fuel Systems to UPS
Agility Fuel Solutions will supply fuel systems and engines for medium- and heavy-duty trucks, as well as terminal tractors.
October 11, 2019
Hexagon Composites Announces Second Quarter Results
The first half of 2019 provided revenues of NOK 1,703.9 (783.0) million and an operating profit before depreciation (EBITDA) of NOK 212.3 (140.1) million.
August 16, 2019
Leading Hydrogen Fuel Cell Bus Companies Form H2Bus Consortium
It plans to deploy 1,000 hydrogen fuel cell electric buses, along with supporting infrastructure, in European cities at commercially competitive rates.
June 4, 2019
Hexagon Composites Reports First Quarter Results
The company's first quarter revenue was driven by the strong performance of Agility Fuel Solutions which it completed the acquisition of in January.
May 8, 2019
Hexagon Composites Releases 2018 Annual Report
Group revenue increased by 4%; the group's aggregated consolidated operating revenue for the year nearly doubled actual reported revenue.
March 20, 2019
Hexagon Launches Hexagon Purus Business Division
Hexagon Purus will be a dedicated business division for the group-wide hydrogen activities and CNG light-duty vehicle activities.
February 26, 2019
Hexagon Composites Releases Results for Fourth Quarter 2018
Operating income for the financial year 2018 increased 4%.
February 18, 2019
Hexagon to Acquire Agility Fuel Solutions
Hexagon Composites will acquire the remaining 50% of Agility, further strengthening its position as a global gas fuel solutions provider.
November 8, 2018
Hexagon Providing High-Pressure Hydrogen Tanks for New Flyer Buses
The tanks will be used on 25 of New Flyer's Xcelsior hydrogen fuel cell (or fuel cell-electric) transit buses.
November 1, 2018
Hexagon Composites Releases Third Quarter 2018 Results
Hexagon Composites generated revenues of NOK 276.7 million compared with NOK 352.8 million in the corresponding period last year.
October 31, 2018
Hexagon Composites ASA Releases Results for Q1 2018
Overall, Group operating profit has markedly improved versus the first quarter 2017.
May 9, 2018
Hexagon Joins Hydrogen Council
The Hydrogen Council is a global initiative of leading energy, transport and industry companies determined to position hydrogen among the key solutions of the energy transition.
March 14, 2018
Hexagon Forms New Joint Venture for One-Stop-Shop Hydrogen Solutions Company
The newly launched company Hyon AS will offer integrated solutions for the complete hydrogen value chain from production, storage and distribution, to fuel cell technology.
September 12, 2017
Hexagon Composites Releases Results for Second Quarter and First Half of 2017
Hexagon reports an 18% growth in revenues during the second quarter, and overall higher group operating profit.
August 16, 2017
Hexagon Composites Receives Development Award for Hydrogen Cylinders
Hexagon Composites' High-Pressure Area has received the award, which is targeted to run through 2020, for developing compressed hydrogen cylinders for new fuel cell electric vehicle models.
August 15, 2017
Hexagon Composites
Hexagon Composites Enters Fuel Cell Heavy-Duty Truck Market with Hydrogen Cylinders
Hexagon Composites' subsidiary Hexagon Lincoln has completed the development and initial deliveries of storage tanks for a Toyota heavy-duty fuel cell truck proof-of-concept, powered by hydrogen gas.
August 3, 2017
Hexagon Composites Reports Positive First Quarter 2017
Hexagon Composites reports a positive first quarter, impacted by a 42% growth in revenues within the Low-Pressure cylinder segment.
May 10, 2017
Hexagon Composites Reports Fourth Quarter 2016 Results
Hexagon's lower fourth quarter revenue was due in part to lower volumes in the U.S. heavy-duty truck market; however, it also had a one-off gain from its merger with Agility Fuel Systems.
February 22, 2017
Hexagon Reports Strong Third Quarter Results for Low-Pressure Cylinder Sales
Hexagon had a 52% increase in revenues in its Low-Pressure cylinders segment during the third quarter.
October 27, 2016
Hexagon Acquires xperion, Strengthens Position in Global Pressure Cylinder Market
Through its acquisition of xperion, Hexagon will be able to strengthen its product and technology portfolio for pressure cylinders and expand its global market presence.
October 17, 2016
Agility Fuel Systems and Hexagon Composites Successfully Close Merger
Agility Fuel Systems and Hexagon Composites have merged to form Agility Fuel Solutions, which will provide natural gas solutions for medium- and heavy-duty vehicles.
October 4, 2016
Hexagon Composites Reports 20% Revenue Growth for Low-Pressure Cylinders in Second Quarter
Hexagon Composites says operating results for the second quarter were positively impacted by a 20% growth in revenue for the Low-Pressure Cylinders segment.
August 18, 2016
Agility Fuel Systems and Hexagon Composites Announce Merger
Hexagon and Agility will merge to form Agility Fuel Solutions, which will provide natural gas fuel systems and cylinders for use in medium- and heavy-duty applications.
June 14, 2016