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Bullboard - Stock Discussion Forum FormerXBC Inc XEBEQ

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,... see more

GREY:XEBEQ - Post Discussion

FormerXBC Inc > Xebec Reveals Recent Major Order Comes From Chevron Joint Ve
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Post by AwareInvestor on Oct 06, 2021 8:35am

Xebec Reveals Recent Major Order Comes From Chevron Joint Ve

Xebec Adsorption this morning announced that it has received the first task orders under a major master services agreement announced in July. The order is for an initial 18 BGX-Biostream units, representing the largest purchase order received to date for the units by the company.
Comment by gwalker on Oct 06, 2021 9:01am
Guess who won a $7.7MM contract from Brightmark a while back? Greenlane... Looks like Brightmark has seen the light and likes Biostream a heck of a lot better. This is REALLY good news in my view
Comment by retiredcf on Oct 06, 2021 9:14am
Two contracts in a week. Certainly good news but it will be interesting to see how the SP responds in what is looking like another tough day in the markets. GLTA
Comment by Ciao on Oct 06, 2021 9:53am
Absolutely, I recall when they won the order and wondered, why didn't XBC get it.  Don't know if it was the alternate gas upgrading tech that GRN offered vs XBC's PSA. There's a reason GRN didn't get a followup order from Brightmark and Brightmark decided to sign on with XBC with a MSA to "lock-in" supply for their accelerated foray into dairy RNG.
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