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FormerXBC Inc XEBEQ

Industrials
Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification, associated gas, engineering services, and air dryers. The company's geographical segments are United States, Canada, China, Other, Korea, Italy, and France.


GREY:XEBEQ - Post by User

FormerXBC Inc > TD Flash Note =no respect
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Post by savyinvestor333on Sep 30, 2021 1:41pm
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Post# 33946625

TD Flash Note =no respect

TD Flash Note =no respectXebec Adsorption Inc. (XBC-T) C$3.08 Hydrogen Contract Announced Aaron MacNeil, CA Aly Hemraj, CPA, CA (Associate)
Event Xebec announced an on-site hydrogen contract.
Impact: NEUTRAL

Details: Xebec has signed a contract to supply two Hy.GEN 150 units, producing 600kg of hydrogen per day (220 tons per year), with a Turkey-based flat steel manufacturer.

TD View: This equipment order is unique in that it is Xebec's first order in the steel market, which is a significant producer of CO2 and, as a result, represents a large addressable market. However, no financial details were provided in the press release.
Based on the order details, we do not believe that this order will have a material impact on Xebec's consolidated financial performance. As a result, we will not be making any changes to our estimates at this time.
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