Xebec and SAPIO Group Sign an Exclusive Partnership
-A Three Year Mandate Will Develop the Renewable Natural Gas (RNG) Market for Italy
MONTREAL, (QC), February 15th, 2018 - Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of gas generation, purification, and filtration solutions, announced today that it has entered into a Letter of Intent to establish a three year partnership with SAPIO, Italy’s largest distributor of technical gases, to help develop Italy’s renewable natural gas (RNG) upgrading infrastructure from biogas facilities such as landfills, digesters and waste water treatment plants.
Canadian-based clean energy provider Xebec confirmed today that it has signed an exclusive agreement to join forces with SAPIO Produzione Idrogeno Ossigeno Srl in developing the biomethane (BM) market in Italy. Xebec will be responsible for designing, building, installing and servicing SAPIO’s biogas upgrading projects, from landfills, agri-waste and dairy digesters, and waste water treatment facilities, using Xebec’s adsorption technology solution. Details on potential project value and timeframe will follow in the near future.
Tested and Proven: This partnership agreement with SAPIO is a reflection of the success Xebec has already experienced with its partner in France where Xebec is now the leading supplier of Pressure Swing Adsorption (PSA) systems. Leading-edge performance measures, coupled with its tested technologies, Xebec has proven itself a serious player on the world stage in biogas upgrading.
“We’re thrilled at the recognition and interest we are receiving from potential customers, partners and suppliers. Although Xebec has been involved globally in renewable natural gas projects for over a decade, it is just within the last few years that RNG has become recognized as a viable, ultra-clean, ultra-low carbon natural gas alternative. Our building order book and partnerships are clear indicators that we are in the right space in the right time. Our future looks bright."—Prabhu Rao, Chief Operating Officer, Xebec Adsorption Inc
Clean and Green: Italy has made an extraordinary commitment in its 2020 national plan to increasing energy efficiency and reducing energy consumption as part of the European Renewable Energy Directive (RED) target.
“SAPIO, like many corporations and countries around the world, is committed to that target, providing cost-effective, sustainable solutions through increased development, deployment and utilization of renewable natural gas so that present and future generations will have access to this domestic, renewable, clean fuel and energy supply.”– Andrea Dossi, Group Vice President, Sapio Produzione Idrogeno Ossigeno Srl
Related Links: www.xebec.com www.sapio.it
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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.
SAPIO Produzione Idrogeno Ossigeno S.r.l. produces and supplies industrial gases, and provides integrated services for customers in Italy and internationally. Its products include oxygen, hydrogen, nitrogen, and other gases that have applications in the fields of food, environment and energy, biotechnology, chemical-pharmaceutical, electronic, mechanical-metallurgical, health, glass and cement. SAPIO Produzione Idrogeno Ossigeno S.r.l. was founded in 1922 and is based in Monza, Italy.
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