Norsk teknologi verdensledende på

hydrogentanker

Solveig Sæther

Communication Manager

7 September 2017

Hexagon Composites

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Key strategic developments in 2016

• The Group received NOK 667 million from a private placement of new

shares and entered a strategic cooperation agreement with Mitsui & Co

• Agility Fuel Systems and Hexagon Composites’ CNG Automotive

Products Division merged to create Agility Fuel Solutions (50% owned)

• Hexagon Composites acquired xperion Energy & Environment and

strengthened its position in the composite pressure cylinder market

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Hexagon business areas

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LIGHT-DUTY VEHICLESMOBILE PIPELINE® HYDROGEN PRODUCTSLPG CYLINDERS HEAVY-DUTY VEHICLES

HIGH-PRESSURE

CNG, BIOMETHANE/RNG & H2

LOW-PRESSURE

LPG

AGILITY FUEL

SOLUTIONS (50%)

Hexagon is strongly positioned across the Hydrogen value chain

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Fuel Cell Electric Vehicles (FCEV)

• Information Trends* predicted 20 million fuel cell vehicles will be sold worldwide by 2032‒ Players in Germany, Japan, the US and Scandinavia taking the lead

• A number of leading OEMs are introducing FCEV as an alternative to battery electric vehicles (BEV)

• Deliveries of cylinders to Daimler’s first serial production of Fuel Cell Electric Vehicles (FCEVs) targeted for end 2017‒ Result of years of research, development and testing with Daimler

• Recently awarded another major development contract for cylinders for new FCEV models

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Mercedes-Benz GLC F-cell hybrid

• Plug in battery electric and fuel cell electric

vehicle

• 3 minutes refueling time

• Hydrogen stored at 700 bar

• 500 km range

* Global Market for Hydrogen Fuel Cell Vehicles by Information Trends*

(Market study October 2016)

Hydrogen-powered trucks, trains and ships have reached the trial stage for normal operations

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• Using surplus electricity from renewables to produce hydrogen

fuel is starting a new era for heavy-duty transport

• Several OEMs introducing hydrogen heavy-duty vehicle models– Deliveries to ASKO’s first hydrogen-powered Scania trucks in Norway

– Deliveries to Toyota fuel cell heavy-duty truck proof-of-concept

in Los Angeles

Photo: ASKO

Photo: Toyota

“The use of batteries to power heavy duty trucks would be very expensive. They

would also be so large and heavy that the trucks’ payload capacity would be

considerably reduced. We have to obey the laws of physics and respect material-

related constraints.”

- Anders Ødegård, Project manager, of SINTEF’s department of sustainable energy technology

First hydrogen powered train launched in Germany

• Hexagon supplier to Alstom for the world’s first

hydrogen-powered regional trains‒ Long distances without refueling or charging

‒ Low noise

• Successful first drive in Germany in March 2017‒ First passenger test runs beginning of 2018

• Still high number of diesel trains in Europe‒ More than 4,000 locomotives in Germany

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Coradia iLintPhoto: Alstom

Coradia iLint*

• CO2 emission-free regional train powered by hydrogen fuel cell

• 600-800 km/tankful

• Up to 300 passengers

• 140 km/h

Joint venture with NEL and PowerCell

• Partnership with leading Scandinavian players

‒ Initial focus on marine & maritime projects

‒ Numerous maritime transportation requests from governmental organizations

‒ One-stop-shop for hydrogen applications

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Hydrogen production and fueling Storage and transport Fuel cell

A bright future for hydrogen– strong Norwegian heritage and an ocean of opportunities

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