Hexagon Composites ASA announced today that its fully owned subsidiary Ragasco AS has been awarded a contract in Qatar for the sale of Ragasco's Liquefied Petroleum Gas (LPG) cylinders to the state owned gas distribution company, Woqod.
The contract is worth approximately 20 million NOK and the cylinders will be produced at Ragasco's fully automated facility in Raufoss, Norway during the third quarter 2009. The containers will primarily be used for cooking in private households and in restaurants.
"We are delighted at further strengthening our position in the Middle Eastern region with the addition of a new market and a new customer. We look forward to a long and mutually beneficial relationship with Woqod" says Erik Espeset, Hexagon Group President.
For further information please contact:
Erik Espeset
Group President
Hexagon Composites ASA
Tel: +47 70 11 64 45
E-mail: erik.espeset@hexagon.no