Nov 12 (Reuters) - Xebec Adsorption Inc XBC.V :
* XEBEC AND SHENERGY STRENGTHEN PARTNERSHIP TO DEVELOP CHINA'S GROWING HYDROGEN MARKET
* XEBEC ADSORPTION INC - PARTNERSHIP WILL RECEIVE A DIRECT STRATEGIC EQUITY INVESTMENT ($3.4 MILLION) FROM SHENERGY
* XEBEC ADSORPTION INC - INVESTMENT FROM SHENERGY IN EXCHANGE FOR DEBT AND INTEREST OWED BY XEBEC FOR ITS SHARE BUYBACK OBLIGATION
* XEBEC ADSORPTION INC - XEBEC AND SHENERGY WILL HAVE BOARD REPRESENTATION IN XEBEC SHANGHAI