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Luxfer Strengthens US Presence with Vexxel Acquisition
瀏覽次數 630 , 日期 2014-03-29 , 燃氣設備 加入收藏
New design large-diameter Type IV composite cylinders imminent
Global materials technology company Luxfer Group has acquired Vexxel Composites, LLC, a manufacturer of high-pressure composite cylinders for containment of compressed natural gas (CNG) based in the U.S. state of Utah. The company will operate as part of the Group’s global Luxfer Gas Cylinders Division.
Founded in 2012, Vexxel specializes in Type 4 (polymer-lined) carbon composite cylinders for use as fuel tanks for CNG-powered alternative fuel (AF) vehicles.
Luxfer Group Chief Executive Brian Purves said: “This acquisition provides our gas cylinder business with a facility purpose-built for the manufacture of new Type 4 composite cylinder products, which will be targeted primarily at the class 8 heavy-duty truck market, where a high rate of conversion from diesel to CNG is widely anticipated. Luxfer is in final stages of developing a new range of larger-diameter Type 4 cylinders for growing CNG markets to complement its existing lightweight range of Type 3 aluminum-lined cylinder products and systems.”
Andy Butcher, President of Luxfer Gas Cylinders, North America, added: “Acquiring the business adds another 4,000 units per year to Luxfer’s CNG production capacity, and we will benefit from their highly trained workforce and integrated facilities. Most importantly, we are now well positioned to launch our premium Type 4 design, which will be the lightest in weight and also extremely tough and durable.”
Global materials technology company Luxfer Group has acquired Vexxel Composites, LLC, a manufacturer of high-pressure composite cylinders for containment of compressed natural gas (CNG) based in the U.S. state of Utah. The company will operate as part of the Group’s global Luxfer Gas Cylinders Division.
Founded in 2012, Vexxel specializes in Type 4 (polymer-lined) carbon composite cylinders for use as fuel tanks for CNG-powered alternative fuel (AF) vehicles.
Luxfer Group Chief Executive Brian Purves said: “This acquisition provides our gas cylinder business with a facility purpose-built for the manufacture of new Type 4 composite cylinder products, which will be targeted primarily at the class 8 heavy-duty truck market, where a high rate of conversion from diesel to CNG is widely anticipated. Luxfer is in final stages of developing a new range of larger-diameter Type 4 cylinders for growing CNG markets to complement its existing lightweight range of Type 3 aluminum-lined cylinder products and systems.”
Andy Butcher, President of Luxfer Gas Cylinders, North America, added: “Acquiring the business adds another 4,000 units per year to Luxfer’s CNG production capacity, and we will benefit from their highly trained workforce and integrated facilities. Most importantly, we are now well positioned to launch our premium Type 4 design, which will be the lightest in weight and also extremely tough and durable.”
