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Last C$0.06 CAD
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As of 3:50 PM 04/15/15 All times are local (Market data is delayed by at least 15 minutes).

xebec adsorption inc (XBC) Snapshot

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04/25/14 - C$0.17
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xebec adsorption inc (XBC) Details

Xebec Adsorption Inc. designs, manufactures, and sells purification, separation, dehydration, and filtration equipment for gases and compressed air in Canada and internationally. The company offers biogas plants for the purification of biogas from agricultural digesters, landfill sites, and waste water treatment plants; natural gas dryers for natural gas vehicle refueling stations and for natural gas upgrading; hydrogen purification pressure swing adsorption (PSA) systems; helium purification PSA systems; and field gas purification systems. It also provides associated gas purification systems that enable diesel displacement on drilling sites; and filtration and separation equipment, including water separators for bulk water removal, coalescing filters for the removal of fine water droplets, and particulate filters used for the capture of particles. The company markets its products under the BGX Solutions, NGX Solutions, H2X Solutions, SGX Solutions, AGX Solutions, and FSX Solutions brands. Xebec Adsorption Inc. was founded in 1965 and is headquartered in Blainville, Canada.

87 Employees
Last Reported Date: 04/28/14
Founded in 1965

xebec adsorption inc (XBC) Top Compensated Officers

Co-Founder, Chairman, Chief Executive Officer...
Total Annual Compensation: C$282.3K
Compensation as of Fiscal Year 2013.

xebec adsorption inc (XBC) Key Developments

Xebec Adsorption Expands its Gas Upgrading and Conditioning Solutions with High Efficency Membranes

Xebec Adsorption Inc. announced that, effective immediately, it will be integrating high efficiency membranes into its gas purification and separation solutions. For biogas upgrading applications, Xebec membrane systems will achieve recovery rates of up to 99.8%, while meeting stringent product gas specifications. For biogas or landfill gas applications containing nitrogen (N2) and oxygen (O2), Xebec offers advanced fast cycle kinetic pressure swing adsorption (kPSA) solutions that can handle nitrogen levels of up to 30% with excellent recovery rates. For hydrogen applications, Xebec now integrates membranes into its overall system design, which results in significantly higher overall recovery rates, while still being able to meet extremely stringent product gas specifications of up to 99.9999% (6 nines) pure hydrogen.

Xebec Adsorption Inc. Appoints Alnoor Mandjee as Chief Financial Officer, Effective November 3, 2014

Xebec Adsorption Inc. announced that it appointed Mr. Alnoor Mandjee, (CPA, CA) to the position of Chief Financial Officer, effective November 3, 2014.

Xebec Adsorption Inc. Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Xebec Adsorption Inc. announced unaudited earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported revenues of CAD 4,325,242 compared with CAD 1,929,497 for the same period a year ago. EBITDA was CAD 462,057 compared with EBITDA of CAD 557,951 for the same period a year ago. Net income was CAD 369,893 or CAD 0.01 per diluted share compared with net income of CAD 491,173 or CAD 0.01 per diluted share for the same period a year ago. For the nine months, the company reported revenues of CAD 10,473,509 compared with CAD 8,499,037 for the same period a year ago. LBITDA was CAD 950,497 compared with CAD 642,942 for the same period a year ago. Net loss was CAD 1,243,343 or CAD 0.03 per diluted share compared with CAD 971,650 or CAD 0.03 per diluted share for the same period a year ago. Revenues increase of CAD 2.0 million is partly due to the CAD 0.8 million increase in sales in the Associated gas segment due to the completion of a project during 2014. The lower EBITDA number in 2014 is explained by the fact that in 2013 a CAD 1.9 million non-recurring gain on disposal of asset was recorded. The increase in net loss compared to 2013 is explained by the fact that for the corresponding period in 2013, a CAD 1.9 million non-recurring gain on disposal of assets was included.


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