FormerXBC Inc XEBEQ

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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.

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FormerXBC Inc > Sale of Hygear

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Comment by overnouton Feb 10, 2023 8:48am

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Post# 35279166

RE:RE:RE:Sale of Hygear

I loved the idea of being in the hydrogen space when they bought Hygear. The potential seemed great on the fueling station side, but I was underwhelmed by the glass factory contracts they got and the need for a massive capital infusion if they were going to build out the hydrogen terminal project.
If there is going to be anything left of this company, the low hanging fruit seems to be in the carbon capture and the RNG space. Both modular manufacturing models and one with an existing large contract. I would be jettisoning everything to concentrate on those two streams.

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