MONTREAL (QC), November 29th, 2018 – Xebec Adsorption Inc. (TSXV: XBC) (OTC: XEBEF) (FRANKFURT: XB6) (“Xebec”), a global provider of clean energy solutions announces strong order activity for France with a C$5.9 milllion order for multiple biogas upgrading Pressure Swing Adsorption (PSA) units to be delivered in 2019.
Xebec’s French partner has won contracts for biogas upgrading systems where Xebec will supply core technology while its partner will provide the balance of plant for the biogas upgrading systems. This follows the twelve contracts announced last November (see related link below), reinforcing Xebec’s position as market leader for PSA purification technology in France.
This order follows on the heels of a recent Press Release from Engie, a global energy provider, (see related link below) announcing that €800 million would be mobilized in the next five years to develop green gases, a new French sector of excellence that will create value and jobs in France. The plan will support the objective of at least 10% green gas injected into the networks by 2030, as enshrined in the French Energy Transition Law for Green Growth.