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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,... see more

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FormerXBC Inc > XBC won that big $114m project some time ago

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Post by mingzhu on Jun 13, 2022 5:05pm

XBC won that big $114m project some time ago

i am wondering if it can increase the price, say $120m amid high inflation. If not, it will be in big trouble. Either it gives up the the project or does it in negative margin like current legacy projects. 8.8% inflation will likely eat off your gross margin entirely. Somebody should ask CEO.

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Comment by Gann999 on Jun 13, 2022 5:59pm

Inflation is mainly being caused by gas prices the wholesale gas price at the start of 2021 was roughly 56 cents per litre by the end of 2021 the wholesale price was roughly 87 cents per litre 55 percent higher than the start of 2021. About 3 months into 2022 the wholesale price spiked to 1.20s per litre more than double the price of early 2021. We now sit at mid 1.40s mind you this is for ...more

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FormerXBC Inc