Author: sHq_LoGiNz

WILMINGTON, Del., Nov. 3, 2025 /PRNewswire/ — Allied Market Research published a report, titled, “Composite Cylinder Market by Cylinder Type (LPG, CNG, Hydrogen, and Oxygen), Material Type (Aramid Fiber Composites, HDPE Pipe/Liner, Glass Fiber Composites, and Carbon Fiber Composites), Tank Type (Type II, Type III, and Type IV), and End-Use (Gas Carrier and Storage, Transportation, Life Support, Recreation, and Others): Global Opportunity Analysis and Industry Forecast, 2025-2030″. According to the report, the composite cylinder market was valued at $0.8 billion in 2019 and is estimated to reach $1.5 billion by 2030, growing at a CAGR of 5.7% from 2025 to 2030.

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Increase in Demand for Household & Commercial LPG

The demand for composite cylinders in the household and commercial LPG segment has been steadily increasing due to their superior safety, convenience, and performance compared to conventional steel cylinders. In domestic kitchens, end-users are increasingly seeking lightweight alternatives that are easier to handle, particularly for women, elderly individuals, and urban households where portability and ease of installation matter. Composite cylinders, being 50–70% lighter than steel, address this need while also offering a modern, sleek design that fits well with contemporary kitchens. In addition, many composite cylinders are translucent, allowing users to visually check the gas level, thereby eliminating uncertainty and enhancing consumer safety. In September 2023, Hexagon Ragasco (leading composite cylinder maker) saw strategic moves and ownership changes in 2024 as the company repositioned LPG-cylinder manufacturing and scaled smart cylinder pilots. This accelerated the commercial rollouts of composite & IoT-enabled cylinders in some markets.

Automotive & Aerospace Adoption

The adoption of composite cylinders in the automotive sector is gaining momentum as global industries transition toward cleaner and more efficient fuel alternatives. In the case of Compressed Natural Gas (CNG) vehicles, composite cylinders are becoming increasingly popular due to their lightweight properties, which directly contribute to improved fuel efficiency and extended driving range. Compared to conventional steel cylinders, composites reduce vehicle weight significantly, helping manufacturers meet stringent emission and efficiency targets. Similarly, in hydrogen fuel cell vehicles (FCEVs), composite cylinders play a crucial role in storing hydrogen at very high pressures (up to 700 bar). Their high strength-to-weight ratio, resistance to corrosion, and superior safety performance make them indispensable for hydrogen-powered transportation, which is emerging as a key pillar of the sustainable mobility ecosystem.

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Increasing adoption in LPG, CNG, hydrogen storage, and renewable energy sectors

The rising demand for clean energy is creating significant growth opportunities for composite cylinders, as they are increasingly being adopted across LPG, CNG, hydrogen storage, and renewable energy sectors. With governments and industries worldwide pushing for decarbonization, the need for safe, efficient, and lightweight storage solutions has become critical. Composite cylinders are particularly well-suited for this transition because they can withstand high pressures, are resistant to corrosion, and offer superior safety compared to traditional steel alternatives. In LPG applications, their lightweight and explosion-resistant design makes them a preferred choice for both residential and commercial users, aligning with the broader push toward safer and cleaner domestic energy consumption.

High potential in Asia-Pacific Countries

Rapid urbanization and increasing middle-class population in countries like India, China, Indonesia, Vietnam, and others are driving greater demand for clean cooking fuels (LPG), cleaner automotive fuels (CNG, hydrogen), and industrial gases. Government programs in many APAC countries aimed at reducing dependency on traditional polluting fuels (biomass, kerosene), improving indoor air quality, and meeting climate goals. These include subsidies, mandates, incentives for LPG deployment, hydrogen roadmaps, CNG vehicle fleet growth, etc. Infrastructure being built or planned: fueling stations (for CNG, hydrogen), gas distribution networks, manufacturing/adoption of composite materials, and cylinders.

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Key Players: –

• Hexagon Ragasco AS
• NPROXX
• Amtrol-Alfa
• Drägerwerk AG & Co. KGaA
• EVAS
• FABER INDUSTRIE SPA
• Luxfer Gas Cylinders
• Quantum Fuel Systems
• Sinoma International Engineering Co., Ltd.
• AMS Composite Cylinders

The report provides a detailed analysis of these key players in the global composite cylinder industry. These players have adopted different strategies, such as new product launches, collaborations, expansion, joint ventures, and agreements to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to highlight the competitive scenario.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. 

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SOURCE Allied Market Research

WUHU, China, Nov. 3, 2025 /PRNewswire/ — From October 17 to 21, the 2025 Chery International User Summit held in Wuhu, Anhui. As Chery Group’s all-new new energy brand, LEPAS presented its brand character through a series of activities. In the presence of global media and distributor representatives, LEPAS showcased its positioning as the “Preferred Brand for Elegant Mobility Life.”

Elegant Driving Experience: Long-Distance and Interactive Testing

The Global Journey of Elegant Driving (China Stop) and Fun Test Drive allowed guests to experience the LEPAS L8 across multiple driving scenes over 900 kilometers. Participants tested range, intelligent driving, comfort, and adaptability. In the Fun Test Drive, interactive sessions such as straight-line acceleration and slalom highlighted the LEPAS L8’s precise handling and power control. Guests also experienced Automatic Parking Assist (APA) and Remote Parking Assist (RPA), while the Vehicle-to-Load (V2L) function powered coffee machines and grills on-site. A storage treasure-hunt game showcased the vehicle’s interior design, illustrating “Elegant Technology for daily life.”

Elegant Way of LEPAS Debuts: The World’s First LEPAS Elegant Lifestyle House and Brand Showcase Define the Essence of “Elegance”

The world’s first LEPAS Elegant Lifestyle House also opened during the summit. The space integrated LEPAS L8, LEPAS L6, and LEPAS L4 into three immersive scenes— “LEPAS Space,” “Memory Lane,” and “Time Café.” It attracted numerous public figures, including Ban Ki-moon, the 8th Secretary-General of the United Nations; Ybg. Mr. NG KAI SENG, Minister-Counsellor of the Embassy of Malaysia in China; JeryL Lee, Malaysian singer; and Sanly Liu, Miss Universe Indonesia 2025.

At the LEPAS Brand Showcase & Elegant Technology Launch, the brand unveiled its technological cornerstone—LEPAS Elegant Technology—and announced the Global Distribution Agreement Signing Ceremony and Global Elegant Lifestyle Partner Program, marking a new chapter in its globalization.

Safety and Ecosystem: The Foundation of Confidence

During the summit, LEPAS held its first open safety test for LEPAS L8, including Bottom Scraping, Fording Obstacle, and Rollover Tests, demonstrating its five-star safety standards and uncompromising elegance built on safety. Together with Chery Group’s AiMOGA Robot and the ecosystem exhibition covering diverse lifestyle scenarios, LEPAS illuminated the summit and set a new benchmark for Elegant Driving in the new energy era.

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SOURCE Chery Group

HANOVER, Germany, Nov. 3, 2025 /PRNewswire/ — Zoomlion Heavy Industry Science & Technology Co., Ltd. (“Zoomlion”; 1157.HK) is set to debut a lineup of high-end green and smart agricultural machinery at AGRITECHNICA 2025, the world’s largest agricultural technology exhibition, opening Nov. 9 in Hanover. The Chinese equipment leader will present nine advanced models, including hybrid tractors and harvesters designed for the European market.

On October 29, Zoomlion’s new-generation machines, coated in its signature “Aurora Green”, rolled into the Hanover Exhibition Center, making the company one of the first exhibitors to begin setup in Hall 5. Towering nearly four meters tall, the equipment signals Zoomlion’s dedication to engineering excellence and sustainable innovation.

Zoomlion’s 2025 showcase is anchored by three strategic pillars: new energy, new technology, and a revitalized global brand.

Leading the display are its new energy agricultural machines, custom-built for European farming practices and environmental standards. These machines feature optimized power output, energy efficiency, and improved operator comfort, which are key priorities for modern agricultural operations.

A major highlight will be Zoomlion’s proprietary HIDD platform, an integrated hybrid power system driven by eight core technologies. The architecture forms the foundation of the company’s next-generation smart farm machinery, enhancing efficiency, automation, and connectivity.

Zoomlion will also highlight the achievements of RABE, its German subsidiary with over 100 years of experience in tillage, seeding, and fertilization. Since being acquired in 2020, RABE has combined its engineering heritage with Zoomlion’s global R&D and manufacturing capabilities to deliver tailored solutions for the European market.

From Nov. 9–15, Zoomlion welcomes visitors, partners, and industry professionals to Stand D37 in Hall 5 to explore its latest innovations firsthand and join the conversation on sustainable, intelligent agriculture.

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SOURCE Zoomlion

Donation to help accelerate relief as the island’s communities face widespread devastation

MOORESVILLE, N.C., Nov. 2, 2025 /PRNewswire/ — Lowe’s today announced a $1 million donation to support hurricane recovery and rebuilding efforts in Jamaica after the devastating impact of Hurricane Melissa earlier this week. As a part of the company’s long-standing commitment to helping communities when they need it most, the donation will provide grants and product donations to nonprofit relief partners.

“Our thoughts and prayers are with the people of Jamaica,” said Marvin Ellison, Lowe’s chairman and CEO. “We believe in showing up to help when communities need it most. Through our nonprofit partners we aim to accelerate recovery efforts to help the island begin the long road to recovery.”  

The direct hit from the powerful Category 5 hurricane left many Jamaican communities nearly demolished. Lowe’s is working closely with its nonprofit partners on the ground in Jamaica to help meet urgent needs while also planning support for long-term recovery. Since the hurricane made landfall, Lowe’s red vest associates have mobilized to deliver critical supplies to the island, including generators and flood relief buckets.

Visit Lowe’s Newsroom for updates on Lowe’s ongoing work to support recovery efforts.

About Lowe’s

Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 100 home improvement company serving approximately 16 million customer transactions a week, with total fiscal year 2024 sales of more than $83 billion. Lowe’s employs approximately 300,000 associates and operates over 1,700 home improvement stores, 530 branches and 130 distribution centers. Based in Mooresville, N.C., Lowe’s supports the communities it serves through programs focused on creating safe, affordable housing, improving community spaces, helping to develop the next generation of skilled trade experts and providing disaster relief to communities in need. For more information, visit Lowes.com.  

Media Contact

Laurel Waller
Lowe’s Companies, Inc.
Laurel.Waller@lowes.com

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SOURCE Lowe’s Companies, Inc.

MANAMA, Bahrain, Nov. 2, 2025 /PRNewswire/ — Foulath Holding, an industrial holding company with major steel investments and the parent company of Bahrain Steel and SULB, today announced its partnership with Yellow Door Energy, the leading sustainable energy developer in the Middle East and Africa, to embark on a groundbreaking sustainability initiative to develop a massive 123-Megawatt-Peak (MWp) solar project. Developed under a power purchase agreement (“PPA”), this milestone project includes the construction of the world’s largest single-site rooftop solar power plant with a capacity of 50 MWp. It will comprise 77,000 solar panels installed across a new 262,000-square-meter stockyard shed.

The announcement was made at the third edition of the premier investment forum Gateway Gulf, which was held at the Four Seasons Hotel, Bahrain Bay. Hosted by Bahrain Economic Development Board, the forum gathered global investors, business leaders, policymakers, and  government officials from across the Americas, Europe, Asia and the Gulf region.

H.E. Noor bint Ali Alkhulaif, Minister of Sustainable Development, Chief Executive of Bahrain EDB, said, “Today, the island nation of Bahrain stands at the forefront of sustainable global innovation. We are incredibly proud of this transformative project – marking the largest rooftop solar plant in the world.  This milestone not only strengthens our position as a regional leader in clean energy, but embodies our dedication to build a resilience, sustainable future in line with our national vision of elevating Bahrain’s international competitiveness.”

Mr. Meshary Al-Judaimi, Chairman of Foulath Holding, remarked: “Over the past several years, Foulath has invested approximately USD 250 million in various sustainability projects. These investments are a testament to our commitment to responsible operations, environmental stewardship and protecting the health and well-being of our community, thereby ensuring industrial development goes hand-in-hand with environmental care. The solar project serves as a continuation of that commitment.”

Sherif ElKholy, Managing Director, Head of Middle East and Africa at Actis, and Chairman of Yellow Door Energy, remarked: “Congratulations to Foulath Holding and Yellow Door Energy on this landmark PPA to develop the world’s largest single-site rooftop solar plant. I think this project proves how cost-competitive, clean energy can drive forward industry and set a new global benchmark for decarbonising steel production. As a leading investor in sustainable infrastructure and majority shareholder of Yellow Door Energy, we are proud to witness this signing and look forward to seeing this transformative project come to life.”

Marking the largest industrial-scale on-site solar projects in the world, the 123-MWp site will encompass ten rooftop solar photovoltaic (PV) plants and four ground-mounted solar PV installations and is expected to significantly decarbonise the Kingdom’s steel production. With a total of over 189,900 high-efficiency solar panels spread across 707,000 square meters, the project aims to generate 200 million kilowatt-hours (kWh) of clean energy in its first year of operation, effectively reducing carbon emissions by 90,000 metric tons. This initiative will contribute to Foulath Holding’s sustainability objectives and Bahrain’s Net Zero 2060 target.

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SOURCE Bahrain EDB