Hexagon Annual Report 2018

36 2018 AT A GLANCE FROM THE BOARD ROOM FINANCIAL STATEMENTS Hexagon Ragasco Hexagon is the leading manufacturer of low-pressure composite liquefied petroleum gas (LPG) cylinders, used mainly for leisure activities, household use and industrial applications. An increased focus on safety, ease of use, high corrosion resistance and design is strengthening demand for composite LPG cylinders globally. A long- term customer-oriented approach has increased market penetration, improved capacity utilization and enabled expansion into new markets. Enhanced manufacturing ef ficiency and product dif ferentiation PRODUCT AREAS HEXAGON RAGASCO EMPLOYEES FACILITY NORWAY 140 Leisure activities, household use and industrial applications