GREY:XEBEQ - Post by User
Post by
Tan4646on Jan 21, 2022 11:28pm
281 Views
Post# 34346025
These people didn't sell to Xebec because...
These people didn't sell to Xebec because...they wanted to just make a few bucks fermenting cow s..t into natural gas.....
NEW STAGE IN GROWTH
“Our businesses are highly complementary which places us in a strategic position in the hydrogen economy. Together with Xebec, HyGear will be able to accelerate further growth and create opportunities for our customers, business partners and personnel worldwide,” said Marinus van Driel, CEO of HyGear. “We developed our company with a highly motivated group of employees and the continuous support of Oost NL and a loyal investors base, trading our share certificates on NPEX stock exchanges. We are thankful to Oost NL for providing financing in several rounds, strengthening the operational execution power as well as building solid governance structures. This has created the basis for our next steps together with Xebec.
“Ultimately, we believe that hydrogen will be the dominant gas and energy carrier of the future. HyGear has been able to build a growing and profitable business by first selling to industrial customers and then using the same technology to deliver solutions to the emerging hydrogen refuelling industry,” commented Kurt Sorschak, Chairman, CEO and President of Xebec Adsorption Inc. “The technologies of HyGear have the potential to be used in renewable natural gas and hydrogen installations and we see value in cross-selling these solutions throughout our service companies in North America and our combined customer base.”