January 11, 2021
Press release, 11 January 2021
Raufoss, Norway - Committed to driving energy transformation, Hexagon Ragasco - a Hexagon company and world leading manufacturer of LPG composite cylinders - unveiled today a ground-breaking, next generation LPG smart cylinder that communicates with both users and LPG distributors.
Building on its track record of innovation, Hexagon Ragasco has brought the LPG cylinder into the digital age, developing an “Internet of Things” (IoT) offer that enables the connection of Hexagon Ragasco’s LPG composite cylinders to consumers’ mobile phones - as well as to the IT systems of LPG distributors. The technology allows users to have full control of the remaining gas level of their cylinder and therefore prevents usage disruptions in their domestic (cooking and heating) or leisure (barbequing) activities. Furthermore, it enables LPG distributors to tailor their stocks and supply logistics based on real-time data.
“Hexagon Ragasco is positioning itself to become the leading global supplier of smart, connected LPG cylinders,” says Skjalg S. Stavheim, President Hexagon Ragasco. “Our next generation smart cylinders speak to you. They let consumers know exactly how many minutes of cooking time is left and when they will need to order a refill. Our smart composite cylinders also give the LPG distributor insight into consumer-usage patterns, allowing optimized logistics and improved fleet management. We are confident our smart cylinders will have a steep adoption rate.”
Driving energy transformation
A significant part of the world’s population is reliant on LPG as a cleaner and healthier energy source for cooking and heating. For consumers, unexpectedly running out of their primary source of energy is a significant inconvenience. For LPG distributors, having the right size stock to meet customer demand is essential to avoid costly out-of-stock or over-stock situations.
The Hexagon Ragasco smart composite cylinder is based on battery-less sensors powered by energy harvesting technology. The smart cylinder collects data via IoT sensors and transmit those data to consumers phones and central cloud database.
Hexagon Ragasco will be conducting Smart Cylinder onboarding pilots throughout 2021. The commercial launch and scale up of the product is scheduled for 2022.
Contacts:Karen Romer, SVP Communications, Hexagon CompositesTelephone: +47 950 74 950 | firstname.lastname@example.org
David Bandele, CFO, Hexagon Composites Telephone: +47 920 91 483 | email@example.com
About Hexagon RagascoHexagon Ragasco, a Hexagon Composites company, is the world's leading producer of composite LPG cylinders with over 18 million units in use globally. The high-volume, highly automated production facility in Raufoss, Norway is the most advanced of its kind world-wide. Hexagon Ragasco's products are unique and provide many advantages over steel cylinders in terms of safety and user-friendliness. Learn more at www.hexagonragasco.com and follow @Hexagon_Ragasco on Twitter and LinkedIn.
About Hexagon Composites ASAHexagon delivers safe and innovative solutions for a cleaner energy future. Our solutions enable storage, transportation, and conversion to clean energy in a wide range of mobility, industrial and consumer applications.
Learn more at www.hexagongroup.com and follow @HexagonASA on Twitter and LinkedIn