November 10, 2017 - 9:00 AM EST
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Xebec Leads the Way in Biogas Upgrading - Multi-Million Dollar Orders from France, Italy & China

(via TheNewswire)



MONTREAL, (QC) / TheNewswire / November 10, 2017 - Xebec Adsorption Inc. (TSXV: XBC) ("Xebec"), a global provider of gas generation, purification, and filtration solutions announced a significant lift in its order book today, driven by more than CDN$ 9.8 million in recent biogas orders from Europe and China.

In France, Xebec has won 12 more contracts through its French partner for biogas upgrading systems to be delivered in 2018. For this group of projects, Xebec will supply core technology while its partner will provide the complete biogas upgrading systems. One system in particular will be Xebec's largest project yet in France - upgrading 2,000 Nm3/h of biogas into biomethane, also known as renewable natural gas (RNG), for injection into the national grid. These orders firmly position Xebec as the market leader in France in PSA purification technology.

In Italy, Xebec has received an order for a flange-to-flange agri-food waste biogas upgrading plant to be located close to Modena in the Emilia-Romagna region for 1,000 Nm3/h of biogas to be upgraded to RNG for injection into their national grid.

In China, Xebec received yet another order for delivery of a complete biogas upgrading plant to be located at a waste water treatment plant (WWTP) in the city of Suzhou in Jiangsu province, to upgrade 1,250 Nm3/h of biogas to RNG. The gas will be injected into the local town gas grid.

High Recovery. High Reliability. Total Flexibility.... A Winning Formula

"Xebec's latest biogas upgrading system deployments in Europe are achieving performance levels of >99% methane recovery, thanks to a break-through in our adsorption technology that not only improves methane recovery, but reduces operating costs" says Dr. Amir Ghasdi, Director, Advanced Gas Purification Systems, Xebec.

"Our high recovery rate is our strongest commercial selling point but customers are just as impressed with our high reliability - our PSAs have accumulated over 15 million commercial operating hours with proven availabilities beyond 99%. Flexibility is another key attribute customers want and we deliver. Xebec's proprietary fast-cycle rotary valve is built for a flexible operation - gas flow and composition can be automatically adjusted while maintaining gas purity. Thanks to the reduced valve complexity and smaller footprint, Xebec's complete systems are delivered as skidded, containerized modules for simple, fast installation, all of which result in considerable cost savings."

These latest orders demonstrate the rapidly growing need for RNG - at a tipping point worldwide. Not only do they solidify Xebec's 2017 order book but they demonstrate the potential for a strong foundation for 2018 orders. With more than 50 biogas systems delivered over the last 15 years in North America, Europe and Asia, Xebec experience will be the critical component to winning even more of these RNG projects moving forward.

For more information:

Xebec Adsorption Inc.

Sandi Murphy

Marketing & Communication Manager

+1 (450) 979 8718 smurphy@xebecinc.com

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, and has 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 Relation Contact:

Xebec Adsorption Inc.

Kurt Sorschak

President and Chief Executive Officer

+1 (450) 979 8701 ksorschak@xebecinc.com

Copyright (c) 2017 TheNewswire - All rights reserved.


Source: TheNewsWire (November 10, 2017 - 9:00 AM EST)

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