Order for 55 Modules for SC for PTT Said Largest Ever for the Big Type IVs
Norway’s Hexagon Composites is talking up the largest single contract for its lightweight Titan transport modules ever – 55 units via its wholly-owned U.S. subsidiary Lincoln Composites to Thailand’s SC Group.
“This represents the largest single Titan contract to date for Hexagon Composites worldwide and demonstrates the company’s leading position in and commitment to Asia,” says a Hexagon release. For Lincoln, the deal means “strong activity during this third quarter.
SC Group is one of the leading providers of integrated logistics services in Thailand, Hexagon says, and has a contract with PTT, the Thai state-owned oil and gas company, to transport compressed natural gas using the Titan modules.
‘Strong Asian Competition’
Thailand represents the world’s largest market for the road transportation of natural gas from pipeline-connected mother stations to CNG daughter fueling stations – more than 1,500 steel trailers are in use there, Hexagon says. “With its significantly lighter weight and substantially larger transport capacity, the Titan has proven to reduce fuel consumption by more than 60% compared with conventional steel trailer technology.”
“The performance of Titan ideally meets PTT`s stringent demands to reduce the environmental footprint and cost of their gas distribution logistics,” Hexagon Composites high pressure cylinder sales VP Frank Häberli said in a release.
“With Titan trailer fleets already operating for Petronas in Malaysia and Petrovietnam, we consider this first order from Thailand as a major breakthrough in Asia, proving the competitiveness of the Titan even against low-cost alternatives.
“We won this contract against strong Asian competition,” Häberli said.
“SC Group is proud to be the first TPL (Transport & Project Logistics) carrier in Thailand to use Titan modules,” SC Group chairman and president Nuttaphob Ratanasuwanthawee says in the Hexagon announcment. “The Titan modules are lightweight, safe and cost effective. This helps to reduce fuel consumption.”
Hexagon notes that the Titan gas transportation modules employ the world’s largest Type IV CNG cylinders, with each unit designed for 8,500-liter water capacity and 250 bar (3,500 psi) service pressure. The modular design approach allows movement of up to 13,500 standard cubic meters (nearly 477,000 cubic feet) of natural gas on a 40-foot trailer with a gross weight of less than 30 metric tons (67,200 pounds).
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