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The latest update is out from Hexagon Composites ( (HXGCF) ).
Hexagon Agility has secured an order from a major American consumer goods manufacturer for fuel systems to power 60 trucks with Cummins’ X15N natural gas engines. This move is expected to significantly reduce emissions and fuel costs for the manufacturer, marking a substantial shift towards renewable natural gas in the heavy-duty trucking sector. The Cummins X15N engine expands the addressable market for natural gas solutions in North America, aligning with Hexagon Agility’s strategy to support sustainable transportation solutions.
More about Hexagon Composites
Hexagon Agility, a business unit of Hexagon Composites, is a global leader in providing clean fuel solutions for commercial vehicles and bulk gas transportation. Their products include renewable natural gas bulk distribution systems, lightweight composite natural gas cylinders, and fuel systems that help reduce emissions and lower operating costs.
YTD Price Performance: -62.64%
Average Trading Volume: 2,039,617
Current Market Cap: NOK3.55B
See more insights into HXGCF stock on TipRanks’ Stock Analysis page.