FormerXBC Inc XEBEQ

Xebec Announces On-site Electrolyser Order

[Puffpuff02]

Xebec Announces On-site Electrolyser Order from Desmet Ballestra for Food Hydrogenation

MONTREAL, (QC), February 1, 2022 – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of sustainable gas technologies, is pleased to announce today that it has signed a contract with Belgium-based Desmet Ballestra Group (“Desmet Ballestra”) to deliver the company’s first Hy.GEN-e on-site electrolyser unit for a food application. The electrolyser system which produces 100 Nm3/h (215 kg per day) of hydrogen will be used by one of Desmet Bellestra’s major customers in North Africa for a hydrogenation process.  

“We are excited to receive our first electrolyser order for this use case from Desmet Ballestra. They are a worldwide leader in the fields of engineering, supply of plants and equipment for oils and fats, and oleochemicals. This is great validation of our electrolysis offering which adds to the breadth of our decentralized hydrogen generation technology portfolio,” said Marinus van Driel, President of Xebec Europe.  

“To date, we have successfully delivered four Hy.GEN systems, which are based on steam methane reforming process for food hydrogenation at facilities located in Bangladesh and Colombia. We feel that it is important to give customers the option to choose the most appropriate technology for their needs. Xebec believes this agnostic approach will be valuable to customers going forward as they consider the lifecycle costs and carbon emissions from their gas supply,” he added.  

Xebec continues traction in industrial applications for on-site hydrogen production
Through its wholly owned subsidiary HyGear, Xebec has delivered over 80 on-site hydrogen generation systems to customers worldwide in the fields of flat glass manufacturing, steel production and finishing, powder metal production, semiconductor fabrication, and hydrogenation as well as several hydrogen vehicle filling stations for forklifts, cars and buses.  

As industrial customers aim to reduce the costs and emissions of their gas supply, adopting an on-site and decentralized approach offered by Xebec can help them achieve their budget and ESG requirements.  

Executing strategy to use industrial supply as a launchpad for hydrogen mobility
The company is leveraging its industrial expertise and supply to allow for local production of adequate quantities of hydrogen while addressing the upcoming demand from fuel cell electric vehicles (FCEVs).  

Today’s announced installation will not only contribute to local industrial hydrogen supply, but excess hydrogen quantities of high purity hydrogen can be used to fill emerging demand from FCEVs. The company believes that this approach can support the economic rollout of hydrogen refueling infrastructure.

[ZouZS3]

Boooooooooring

[tamaracktop]

Booooring? This is an entirely new application. Note this part:    "The electrolyser system which produces 100 Nm3/h (215 kg per day) of hydrogen will be used by one of Desmet Bellestra’s major customers in North Africa for a hydrogenation process." 215 kg per day is alot of hydrogen And this part?    "Today’s announced installation will not only contribute

[ZouZS3]

Honestly I was expecting to hear about an RNG contract in the US. Not sure how the market will react to this

[Ciao]

We had to wait patiently for the first MSA from Brightmark / Chevron, we'll still need to wait patiently for the next large RNG contract. New application for hydrogen electrolyer in the food industry so they issued a NR, likely much more exciting for our customer than XBC shareholders. I guess many found the increase in production floor space at Inmatec  more interesting, but this

[tamaracktop]

An additional 4,800 sq feet was a doubling of Inmatec's floor space? I found that item particularly disappointing. Small wonder it wasn't revealed in a Xebec news release. Not significant, whereas Xebec found this news worth releasing. Now I see why the financial details of the Inmatec acquisition were never announced. The readers here have it backwards to get excited about Inmatec'

[forbiddenkiwi]

Any news that the company is not going bankrupt is good news. Appreciate the little things ;) 

[tamaracktop]

I'm sorry to break it to you but the company will announce their bankruptcy filing next Wednesday.

[tamaracktop]

The company is leveraging its industrial expertise and supply to allow for local production of adequate quantities of hydrogen while addressing the upcoming demand from fuel cell electric vehicles (FCEVs). Today’s announced installation will not only contribute to local industrial hydrogen supply, but excess hydrogen quantities of high purity hydrogen can be used to fill emerging demand from