XEBEC | A world powered by clean energy

Press Release


Release date: 06.03.2017

Press Release PDF

MONTREAL, (QC), March 6, 2017 - Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of gas generation, purification and filtration solutions for the industrial, energy and renewables marketplace, announced today that it has received orders for CDN 2.6 million for multiple purification systems. Orders originate from Taiwan, France and Canada, all to be delivered in 2017.

The first project involves a French refinery customer who wants to purify an unused hydrogen off-gas stream for delivery to a 1 MW PEM fuel cell for the production of zero-emission electricity to a utility grid. PEM fuel cells are very sensitive to impurities so Xebec will purify the stream using their H-3200 hydrogen purification system to produce 99.99% high purity hydrogen.

The second hydrogen purification project, located in Taiwan, involves an industrial customer who wants on-site generation of hydrogen through a steam methane reformer (SMR). The purified stream will be used in various industrial applications. Xebec will provide one of its super-compact, fast cycle hydrogen purifiers to deliver 99.999% ultra-pure hydrogen.

Two other projects are converting biogas to Renewable Natural Gas. One project is located in France and the other in Canada. Xebec will provide core PSA purification and pre-treatment technology so that the clients can monetize their respective biogas streams.

“We are proud to have been chosen as the clean tech provider for these innovative hydrogen and renewable natural gas projects,” said Kurt Sorschak, President and CEO of Xebec Adsorption Inc. “It’s gratifying to see more and more companies discovering Xebec’s truly unique offering – compact, fast cycle pressure swing adsorption (PSA) purification systems that offer significant cost savings, while delivering outstanding performance and durability.

Xebec is especially excited to see a solid increase in its hydrogen purification business. Hydrogen is quickly gaining traction in the clean energy field. Zero-emission energy projects, as well as global fuel cell electric vehicle (FCEV) initiatives are expanding our pipeline of projects, establishing us as a rising leader in the small to medium flow rate hydrogen purification segment.”

For more information:
Xebec Adsorption Inc.
Sandi Murphy
Marketing & Communication Manager
+1 (450) 979 8718

About Xebec Adsorption Inc.
Xebec Adsorption Inc. is a global provider of gas generation, purification and filtration solutions for the industrial, energy and renewables marketplace. Its customers range from small to multi-national corporations and governments looking to reduce their carbon footprints. Headquartered in Montreal (QC), Xebec designs, engineers and manufactures innovative and transformative products for more than 1,500 customers worldwide. With two manufacturing facilities in Montreal and Shanghai, as well as a sales and distribution network in North America, Europe, and Asia, Xebec trades on the TSX Venture Exchange under the symbol XBC. For additional information on the company, its products and services, visit Xebec at xebecinc.com.

Cautionary Statement
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Certain statements in this press release may constitute "forward-looking" statements within the meaning of applicable securities laws. This forward looking information includes, but is not limited to, the expectations and/or claims of management of Xebec with respect to information regarding the business, operations and financial condition of Xebec. Forward-looking information contained in this press release involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Xebec or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. This list is not exhaustive of the factors that may affect forward-looking information contained in this press release. When used in this press release, such statements use such words as "anticipate", "believe", "plan", "estimate", "expect", "intend", "may", "will" and other similar terminology. These statements reflect current expectations regarding future events and operating performance and speak only as of the date of this presentation. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements.

Investor Relations Contact:
Xebec Adsorption Inc.
Kurt Sorschak
President and Chief Executive Officer
+1 (450) 979 8701