Hexagon Ragasco enters strategic partnership with Lipigas in Chile

Hexagon Composites' subsidiary Hexagon Ragasco enters the Chilean market through Empresas Lipigas S.A.

Lipigas, one of the leading providers of LPG in Chile for the residential, industrial and leisure sectors, yesterday launched the Hexagon Ragasco cylinder in the Santiago metropolitan area.

Chile is a well-established LPG market, with strong focus on secure handling and safety. Bottled LPG is the primary energy source for Chilean homes.

"We are proud to bring to Chile the greatest innovation in the LPG market, in the last 40 years. We are delivering to our clients a technology that is used in other countries", says Angel Mafucci, General Manager at Lipigas.

"Lipigas is one of the leading LPG marketers in South America, active in Chile, Peru and Colombia. Following the launch of our cylinder in Uruguay earlier this year, the partnership with Lipigas represents a new milestone in our growth strategy for South America," says Skjalg S. Stavheim, Managing Director of Hexagon Ragasco.

https://www.lipigas.cl/nuevolipigasplus/

For more information:
Skjalg S. Stavheim, Managing Director, Hexagon Ragasco AS
Phone: +47 977 95 565 | skjalg.stavheim@hexagonragasco.com

Investor Relations:
David Bandele, CFO, Hexagon Composites ASA
Phone: +47 920 91 483 | david.bandele@hexagon.no

Media:
Solveig D Saether, Communication Manager, Hexagon Composites ASA
Phone: +47 906 34 977 | solveig.saether@hexagon.no