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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, 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

Post by tamaracktopon Nov 28, 2022 1:46pm
426 Views
Post# 35134362

Still wrestling with this and losing

Still wrestling with this and losing August 11, 2022:

"We believe Xebec remains well positioned for the energy transition towards renewable and low carbon gases as markets around the world aim for lower costs, lower emissions and local supply for energy, industrial and mobility applications."

SEPTEMBER 29,2022:


"announced today that the Superior Court of Qubec (the “Court”) has granted the Corporation’s application for an initial order (the “Initial Order”) under the Companies’ Creditors Arrangement Act (the “CCAA”). Xebec intends to seek recognition of the Initial Order and the SISP Order (as defined below) in the United States under Chapter 15 of the Bankruptcy Code."
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