Hexagon Composites enters CNG-for-rail market with joint venture

08/15/2016

Hexagon Composites', Ålesund, Norway, wholly owned subsidiary Hexagon Lincoln has entered into a joint venture agreement with Allegheny Creative Energy Solutions LLC, Pottstown, Penn., (ACES) and Resonance Mode Inc. to create a new entity. As the majority shareholder, Hexagon Composites will support the new entity to develop and manufacture compressed natural gas (CNG) fuel solutions for the rail industry. Read more