Xebec Adsorption Inc. XEBEQ

Company Overview

Xebec Adsorption Inc. (formerly TSX: XBC, OTC: XEBEQ) was a Canadian clean-energy and gas-treatment technology company focused on renewable gases, hydrogen purification, biogas upgrading, and industrial gas generation systems. The company operated primarily in the environmental infrastructure and industrial technology sectors, supplying systems that remove impurities from gases for use in renewable natural gas (RNG), hydrogen mobility, helium recovery, and industrial applications. Its core offerings included pressure swing adsorption systems, gas purification units, renewable gas upgrading equipment, and on-site gas generation technologies.

The company’s principal revenue drivers historically came from equipment sales, engineering services, and recurring aftermarket service contracts tied to renewable gas and industrial gas systems. Xebec served utilities, industrial manufacturers, energy infrastructure operators, landfill gas developers, wastewater treatment facilities, and hydrogen-related customers across North America, Europe, and parts of Asia. Founded in Québec in 1967, the company evolved from an industrial adsorption technology business into a broader clean-energy platform through acquisitions and expansion into renewable gas infrastructure. Following financial distress and liquidity challenges, Xebec entered creditor protection proceedings under Canada’s Companies’ Creditors Arrangement Act (CCAA) in 2022, and significant portions of the business and assets were subsequently sold or restructured based on public court filings and company disclosures.