HyGear Announces Engineering Contract with Aramco Overseas Company B.V. for Development of Decentralized Blue Hydrogen Generation Technology

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Engineering study to create a new LPG-to-hydrogen system with carbon capture

HyGear, a wholly-owned subsidiary of Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), is pleased to announce that it has signed a contract with Aramco Overseas Company B.V. (SR: 2222) to conduct a Front-End Engineering Design (“FEED”) study for packaged hydrogen generators based on membrane reformer technology.

By leveraging HyGear’s expertise in decentralized hydrogen production, a detailed assessment and benchmarking of technologies will be performed to design a system that can convert liquid feedstocks into low carbon hydrogen and high purity carbon dioxide (CO2) that can be captured and used as process gas.

“HyGear has participated in several European projects utilizing membrane reactor-based technology and we are excited to leverage this unique experience to design a new system for Aramco,” said Dr. Ellart de Wit, General Manager of HyGear.

He added, “By integrating Aramco’s next-generation palladium-membrane reforming technology, HyGear is able to use multiple feedstocks, ranging from natural gas to heavy naphtha, to produce blue hydrogen”.

The main goal for HyGear in this project is to determine the scope of design and feasibility of a demonstration unit for Aramco to assess larger-scale deployment in the future.

About HyGear

At HyGear, we believe that hydrogen will be the fuel of the future. With state-of-the-art technologies to generate and recycle hydrogen at or near the end users’ site, HyGear offers the most optimal and cost-efficient supply with the best reliability and lowest environmental impact. Providing worldwide services in the existing industrial gases market and the upcoming market for hydrogen energy, HyGear is set on a mission to establish local hydrogen sources globally.

As a subsidiary of Xebec Adsorption Inc., we are dedicated to helping the world transition to a low-carbon future. Together with our affiliated companies, we deliver premium technologies for renewable natural gas, hydrogen as clean future energy carrier, and on-site generation and recycling of industrial gases. With a global network of technical services companies, we provide installation, servicing and maintenance of our equipment worldwide.

For more information, visit www.hygear.com and www.xebecinc.com

28/04/2022

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