First Steel Metal Processing Contract Showcases Xebec’s Diverse Industrial Applications for Decentralized Hydrogen Production
MONTREAL, Sept. 30, 2021 (GLOBE NEWSWIRE) – Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of blank energy solutions, is pleased to announce today that it has signed a contract for the source. of two Hy. GEN Units® 150 with a flat metal manufacturer based in Turkey. environment within the annealing heat recovery process. This flat metal manufacturer contract represents the first of its kind won through Xebec and the third site in Turkey, highlighting the company’s development position and varied set of commercial programs for on-site hydrogen production.
“We are very pleased to be working with one of Turkey’s largest metal brands for carbon emissions and prices of its hydrogen source through our decentralized hydrogen production technologies. The use of high-purity hydrogen in the metal annealing procedure is a new use case for us. “and it’s a wonderful example of how we can cater to a variety of production procedures. We look forward to reaching our hydrogen baseline, which now includes active services in the production of glass, energy, electronics, hydrocracking and the emerging mobility sector to refuel hydrogen vehicles. “said Marinus van Driel, president of Xebec Europe.
Building a hydrogen source for commercial consumers while helping the emerging mobility sector Xebec continues to execute its strategy to meet existing and evolving commercial hydrogen desires through on-site production with the help of decentralized production centers (DPH). This strategy will make it imaginable to produce good enough. quantities of hydrogen locally while assembling the long-term call for mobile fuel electric cars (FCEVs). The facility announced today will not only contribute to the local commercial hydrogen source, but excessive amounts of high-purity hydrogen can also be used to meet the emerging CALL of FCEV. The company believes that this technique can help the economic deployment of hydrogen refueling infrastructure.
Related links: https://www. xebecinc. com
Media inquiries: Public relations for XebecVictor Henriquez, Partner principalvictor@publicsc. com 1514. 377. 1102
Investor Relations: Xebec Adsorption Inc. Brandon Chow, Director, investisseursbchow@xebecinc. com 1,450,979. 8700 ext. 5762
About Xebec Adsorption Inc. Xebec is a global provider of blank energy responses for renewable and low-carbon fuels used in energy, mobility and commercial applications. herbal fuel, oxygen and nitrogen. By focusing on the production of environmentally friendly fuel, Xebec has helped thousands of consumers around the world reduce their carbon footprint and operating costs. Headquartered in Quebec, Canada, Xebec has a global presence with seven production plants, ten Cleantech service centers and five sales offices spread across 4 continents. Xebec is listed on the Toronto Stock Exchange under the symbol (TSX: XBC). For more information, xebecinc. com.
Cautionary Statement This press release comprises forward-looking statements within the meaning of applicable Canadian securities laws. These statements relate to long-term occasions or functionalities and reflect management’s expectations related to the company’s growth, effects of operations, functionality and business customers and opportunities. Company or its industry. Forward-looking statements sometimes involve words such as “believes,” “expects,” “anticipates,” “continues,” “could,” “indicates,” “anticipates,” “will,” “intends,” “could,” “projects,” “timelines,” “would” or similar expressions suggest long-term effects or occasions, not all forward-looking statements involve those identifying words. Examples of such statements include, but are not limited to, statements regarding: (i) the production capacity of the apparatus and the purity point as set forth in this press release.
These statements are not promises or warranties, but involve known and unknown hazards and uncertainties that would possibly cause the Actual Effects, Point of Activity or Functionality of the Company to differ materially from the long-term effects, degrees of activity or functionality expressed or implied herein. . These hazards include, in general, hazards similar to the Company’s ability to execute its strategy, effects of operations, procurement of third-party materials for fabrics and key parts in a timely and cost-effective manner, industry and products, technology, competition, the ability to attract and retain qualified personnel, the ability to effectively manage the planned expansion of our business, the economy, the adequacy of insurance and other points that are discussed in more detail in the Discussion and Content (“MD”) of the Recent Maximum Quarterly Administration
The forward-looking statements contained in this document are based on a number of assumptions that the Company believes are moderate as of the date of this press release, including, but not limited to, assumptions related to trends in certain market position segments, the general economic climate, the speed and outcome of technological development, the identity and expected movements of competitors and customers, the price of the Canadian dollar and fluctuations in foreign currencies, interest rates, the expected margins under the award of new contracts, the status of the Company’s existing order book, the regulatory environment and the procurement of fabrics and key product components. If those assumptions turn out to be incorrect, the Company’s actual effects may differ materially from those expressed or implied in the forward-looking statements. The forward-looking statements contained in this document are made as of the date of this press release and are expressly qualified in their entirety by this cautionary statement. Except to the extent required by law, the Company assumes no legal responsibility to publicly update or revise the forward-looking statements contained in this document. Readers do not place undue reliance on forward-looking statements.