Cashu Logo
HomeWatchlistNewsSignalsPicks
DJI
-0.20%
SPX
-0.64%
IXIC
-1.15%
FTSE
-0.32%
N225
-0.26%
AXJO
0.00%
Cashu Logo
Log In
HomeWatchlistNewsSignalsPicks
Join our newsletter to keep up to date with us!
Cashu Logo Alt
Cashu is the #1 way to stay ahead of the markets, know why your favourite stocks are moving and access valuation signals that smash the market.

Company

  • About Us
  • Careers
  • Blog
  • News

Help & Support

  • Help Center
  • Contact Us
  • Pro Support

Legal

  • Privacy Policy
  • Terms of Use
InstagramYouTube

© 2024 Cashu PTY LTD.

Concord Medical Services: Hexagon Digital Wave Partners for Safer Gas Transportation Solutions

publisher logo
Cashu
3 days ago
Cashu TLDR
  • Hexagon Digital Wave partners with a U.S. Oilfield Services company for exclusive requalification services until 2027.
  • The company utilizes proprietary MAE technology for safer, efficient inspections of composite cylinders in gas transportation.
  • Hexagon Digital Wave's commitment to innovation enhances safety and supports sustainable practices in the oil and gas sector.
CCM
Concord Medical Services
-1.64%

Hexagon Digital Wave’s Innovative Requalification Services: A Step Towards Safer Gas Transportation

Hexagon Digital Wave, a subsidiary of Hexagon Composites, secures a long-term agreement with a leading U.S. Oilfield Services company to provide exclusive requalification services for their fleet of virtual pipeline trailers until the end of 2027. This partnership leverages Hexagon’s proprietary Modal Acoustic Emission (MAE) technology, which is recognized as the most accurate method for inspecting composite cylinders used in gas transportation. This innovative approach allows for in-situ requalification, significantly enhancing safety and compliance by minimizing the downtime typically associated with traditional inspection methods.

The demand for safe and efficient requalification methods is intensifying, driven by the growing engagement with alternative fuels and the regulatory requirements that mandate the requalification of composite tube trailers every five years in North America. Hexagon’s MAE technology is non-invasive, providing critical insights into the structural integrity of these materials that conventional hydrostatic testing cannot offer. With over 800 composite gas distribution trailers successfully requalified across North America, Hexagon Digital Wave showcases its expertise in ensuring operational safety in gas transportation.

Dr. Brian Burks, President of Hexagon Digital Wave, emphasizes the company’s commitment to enhancing customer service through reduced logistical challenges and operational downtime. The partnership with a prominent Oilfield Services company further underscores Hexagon Digital Wave's strategic role in facilitating safer gas transportation, aligning with the industry's shift towards cleaner energy solutions. This collaboration not only illustrates the effectiveness of Hexagon's innovative technologies but also highlights its dedication to supporting sustainable practices within the oil and gas sector.

In addition to its recent partnership, Hexagon Digital Wave’s commitment to innovation in the energy sector positions it as a pivotal player in the industry. The company's ongoing efforts to advance safety and efficiency through technological advancements reflect a proactive approach to meeting the evolving demands of gas transportation and distribution.

As the industry continues to prioritize safety and compliance, Hexagon Digital Wave’s strategic initiatives will likely play an essential role in shaping the future of gas transportation, ensuring that safety standards are met while facilitating the transition towards more sustainable energy solutions.

The content provided here is for informational purposes only and should not be considered financial or investment advice. Investing in stocks carries risks, including potential loss of principal. Always do your own research and consult with a licensed financial advisor before making any investment decisions. We are not responsible for any losses or damages resulting from your use of this information.

More News

Feature in Progress
This section is under development. Check back soon for updates!