Xebec Adsorption Inc (XBC)

[junkHustler]

Xebec Chosen for City of Toronto's Renewable Natural Gas (RNG) Facility

Montréal, Québec (FSCwire) - Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of clean energy solutions, announced today that it has been selected by Enbridge Gas Distribution Inc (Enbridge) to be the supplier for the turn-key biogas upgrading system for the City of Toronto’s first Renewable Natural Gas (RNG) facility, located at the Dufferin Solid Waste Management Facility.

Xebec’s upgrading solution provides high performance and reliability along with low operating costs. Thanks to this leading technology, Xebec has been gaining worldwide market share, and is now making strong inroads into the North American market.

This announcement follows the recent announcement that the City and Enbridge will build and install equipment at the Dufferin Solid Waste Management Facility that will turn Toronto`s organic waste into clean energy.

Related link: https://www.toronto.ca/home/media-room/news-releases-media-advisories/?nrkey=5065783082B4B3CF852582D0005802DE

The project provides a perfect example of a truly circular economy – where Green Bin organic waste is collected, cleaned and conditioned to become carbon-neutral renewable natural gas, and then injected into the gas grid to fuel the collection trucks that pick it up.

Expected to be completed in 2019, the project will allow the City to reduce fuel costs for its fleet of collection trucks and significantly reduce its carbon footprint.

Quotes:

"Xebec, as a Canadian Cleantech company, is proud to be part of this high profile Canadian project. Our technology perfectly supports the City of Toronto’s commitment to climate change action goals, using renewable energy which is the cornerstone of the global energy transition. It is gratifying to see our country’s momentum building on climate change initiatives, particularly as it relates to Renewable Natural Gas.” - Kurt Sorschak, President and CEO, Xebec Adsorption Inc.

For more information:

Xebec Adsorption Inc.
Sandi Murphy, Director, Investor Relations and Communications
+1 450.979.8718 [e-mail]
Kurt Sorschak, President and Chief Executive Officer
[e-mail]

About Xebec Adsorption Inc.
Xebec Adsorption Inc. is a global provider of gas generation, purification and filtration solutions for the industrial, energy and renewables marketplace. Its customers range from small to multi-national corporations and governments looking to reduce their carbon footprints. Headquartered in Montreal (QC), Xebec designs, engineers and manufactures innovative and transformative products, and has more than 1,500 customers worldwide. With two manufacturing facilities in Montreal and Shanghai, as well as a sales and distribution network in North America, Europe, and Asia, Xebec trades on the TSX Venture Exchange under the symbol XBC. For additional information on the company, its products and services, visit Xebec at xebecinc.com.