Gasco Saudi Arabia and Hexagon Ragasco sign a five-year distribution agreement for new, custom-sized LPG cylinders.
18 October 2023: National Gas and Industrial Company (Gasco), the largest Liquefied Petroleum Gas (LPG) distributor in the Kingdom of Saudi Arabia, and Hexagon Composites' subsidiary Hexagon Ragasco have signed a long-term distribution agreement. The five-year contract (2023-2028) covers the provision and distribution of custom-made LPG cylinders on the Saudi Arabian domestic market and is valued at approximately 20 million euros. Gasco has played a significant role in the development of the composite cylinder market in Saudi Arabia, which is the largest market for domestic LPG