ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Luxfer Gas Cylinders Introduces an Innovation in Gas Containment With an Advanced Hydrogen Transportation System That Maximizes Efficiency

G-Stor® Hydrosphere launched at the World Hydrogen Summit

Luxfer Gas Cylinders, a division of Luxfer Holdings PLC (NYSE: LXFR), has cemented its position as a world leader in gas containment solutions with the introduction of the G-Stor® Hydrosphere, a cutting-edge collection of Multiple Element Gas Containers (MEGCs) set to revolutionize how businesses can harness the power of hydrogen.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240604322967/en/

The G-Stor® Hydrosphere Multiple Element Gas Container (MEGC) for Hydrogen. (Photo: Business Wire)

The G-Stor® Hydrosphere Multiple Element Gas Container (MEGC) for Hydrogen. (Photo: Business Wire)

Developed to support the safe and sustainable transportation of hydrogen via virtual gas pipelines, the high-capacity G-Stor® Hydrosphere range, which was launched during the World Hydrogen Summit in Rotterdam, will help extend access to the clean gas as the hydrogen economy continues to gather pace.

Offering maximum capacity and energy delivery, the G-Stor® Hydrosphere range draws on Luxfer's trusted Type 4 (G-Stor® Go H2) cylinder technology. Available in 20-ft and 40-ft units, the MEGCs overcome infrastructure barriers currently facing the hydrogen supply chain by effectively allowing over 1 ton of hydrogen to be stored and transported. By maximizing payload, it provides the best price per kilogram of hydrogen.

Nick Herbert, Sales and Marketing Director of Luxfer Gas Cylinders Europe, explains the significance of the innovation: “We believe this product range is revolutionary for the transportation of hydrogen. By using our G-Stor® Go Type 4 cylinders, which have a larger diameter, less cylinders are required to store the gas compared to other models on the market. That means our customers benefit from more efficient use of carbon fiber and reduced road weight, improving gas transportation efficiency.

“We strongly believe that this virtual pipeline solution will truly make a difference to enabling the adoption of cleaner fuel.”

With standardized filling and discharge couplings, exemplary safety features (including the suitability for use in the UK, Europe and other regions), an unlimited service life with periodic inspection, the design completed in conjunction with ISO 668, a cylinder approval to EN 17339, and an approval to ADR 6.8, the G-Stor® Hydrosphere range ensures effortless and safe usage.

Herbert adds: “For the potential of hydrogen to be truly realized, we need better infrastructure. Our work on virtual gas pipelines is instrumental in connecting the dots between hydrogen producers, transport and storage suppliers and consumption outlets. The launch of our G-Stor® Hydrosphere range is a milestone towards the wider adoption of sustainable energy.”

The G-Stor® Hydrosphere range will be manufactured at Luxfer’s new purpose-built production facility at its Nottingham, UK, base.

To learn more about G-Stor® Hydrosphere visit https://www.luxfercylinders.com/product/g-stor-hydrosphere/.

About Luxfer Gas Cylinders

Luxfer Gas Cylinders is a leading manufacturer of high-pressure composite and aluminium cylinders. More than 70 million Luxfer cylinders in service around the world have an exemplary record for dependability and safety in a variety of applications, including firefighter and first-responder life support, medical, fire extinguishers, alternative fuel, specialty gas, beverage, aerospace, inflation, SCUBA and performance racing.

An operating company of Luxfer Holdings PLC (NYSE: LXFR), Luxfer Gas Cylinders is based in Riverside, California, and has manufacturing facilities in the U.S., England, Canada, and China.

www.luxfercylinders.com

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.