ANGP Receives 2016 Frost & Sullivan Award for Innovative Gas Storage for NGVs
Adsorbed Natural Gas Products (ANGP) recently received the 2016 Frost & Sullivan New Product Innovation Award for Gas Storage for NGVs. Frost & Sullivan says ANGP’s low-pressure adsorbed natural gas (ANG) tank features the right blend of sustainability, cost-effectiveness, and optimized performance, enabling a more rapid adoption of NGVs. The ANG system focuses on the automobile industry and is targeted toward fleet owners, original equipment manufacturers (OEMs), infrastructure providers and retrofitters.
“Frost & Sullivan firmly believes that the on- board, low-pressure ANG storage system developed by ANGP and its technology partners is an innovative, game-changing solution in the light duty vehicles’ fueling market,” said Arpita Mukherjee, Frost & Sullivan Industry Analyst. “The significant economic benefits of ANGP’s low pressure natural gas storage system will certainly boost the global natural gas vehicles market while also strengthening the North American NG export industry.”
Frost & Sullivan, with 45 offices on six continents and more than 50 years of experience partnering with Global 1,000 companies, emerging businesses and the investment community, granted this award as part of its recognition of industry participants demonstrating “best practices” in their field.
“This is a high honor for ANGP and recognition of our years of focus to commercialize low pressure adsorbed natural gas storage technology for motor vehicles,” said Bob Bonelli, co-founder and CEO of ANGP.