Provide Storage Tanks Tender

Contract Awarded To Provide storage tanks for compressed natural gas CNG. Hanwha Solutions announced that its newly acquired tank manufacturer Hanwha Cimarron signed a deal with Texas-based energy company Sunbridge Energy Services to provide storage tanks for compressed natural gas CNG. The 10-year 260-million deal aims to deliver tube trailers containing dozens of vessels that can store CNG and other pressurized gases such as hydrogen. Each trailer is 42 to 45 feet long and able to carry 18 Jupiter Tanks developed by Hanwha Cimarron.Given each Jupiter Tank boasts a maximum storage capacity of 485 kilograms one tube trailer can deliver up to 9 tons of CNG at a time. Jupiter Tank is a Type IV composite tank made of full carbon fiber which can withstand a 300-bar pressure level.The agreement is expected to accelerate Hanwha Cimarrons expansion into carbon overwrap pressure vessel market amid the increasing needs for storage technologies applicable to hydrogen aerospace and other high-tech industries.