Hexagon Agility, a business of Hexagon Composites, signed a master services agreement in June 2020 with a global logistics customer to deliver CNG fuel systems for medium and heavy-duty trucks. The company received its third set of orders in 2021 under this agreement, which represent an estimated total value of USD 5.9 million. Collectively the orders placed in 2021 represent an estimated total value of USD 19.4 million. Deliveries of the fuel systems are scheduled to start in the first quarter of 2021.
“The strong momentum of orders coming in as we kick off 2021 reflect the forward leaning approach of this global logistics customer. CNG and renewable natural gas play an important role in the future of commercial trucking. Sustainable fleets makes both environmental and economic sense to deploy natural gas trucks right now – and make it possible to do so at scale,” said Seung Baik, President, Hexagon Agility.
In addition, Hexagon Agility has received another order from a global automotive maker to deliver (bio)CNG fuel systems for their heavy-duty fleet, one of the largest CNG-powered fleets in the United States. This order represents an estimated total value of USD 6.5 million.
The first pilot truck will be completed in March 2021, and the remaining units will be delivered throughout the second and third quarter of 2021.
“We are pleased to support this global automotive maker in further leveraging low emission CNG heavy-duty trucks as part of its fleet expansion” commented Baik. “In 2020, Hexagon Agility has successfully enabled its customers to avoid approximately 585,000 tons of greenhouse gas emissions as a result of deploying trucks using our natural gas fuel systems. This is roughly equivalent to removing 115,000 fossil fuel cars from the roads annually.”
Hexagon Agility’s ProCab® unit is a high-capacity light-weight system that allows trucks to store enough fuel for over 700 miles of driving range without compromising payload. This is more than the average 605 – 650 miles a driver can do in a typical 11 hour driving shift.
Trucks featuring Hexagon Agility’s CNG fuel systems can interchangeably use conventional natural gas or renewable natural gas. The latter is a non-fossil fuel produced from organic sources including landfills, wastewater treatment plants. Some forms of biomethane, such as that produced from dairy waste, can even have a carbon negative effect.
Source: Hexagon Composites
