- CEO
- Shelly Befumo
- Sector
- Industrials
- Industry
- Industrial - Pollution & Treatment Controls
- Address
- 5041 General Puller Highway Saluda VA United States of America 23149
- IPO Date
- Mar 10, 2004
- Business
- Xcelplus International, Inc. (XLPI) operates as a waste-coal-to-energy company focused on converting waste coal into sustainable energy sources through plasma gasification technologies; it produces synthetic gas for sustainable aviation fuel (SAF), clean hydrogen, green electricity, and synthetic fuels; additionally extracts rare earth elements such as cerium, lanthanum, neodymium, praseodymium, and scandium, as well as alumina, lithium, silver, nickel, magnesium, cobalt, and titanium from waste coal sites. The company develops and deploys plasma gasifiers, including portable 50-ton-per-day units and larger models processing up to 1,000 tons of waste daily, targeting waste coal piles primarily in Pennsylvania and other U.S. states with acid mine drainage; it serves energy, defense, electronics, ceramics, aluminum, and aviation sectors with zero-emission waste-to-energy solutions. Founded in 1999 and headquartered in Saltsburg, Pennsylvania, Xcelplus International trades on OTC Markets under the ticker XLPI.
In June 2025, Firepoint Energy Inc. acquired Xcelplus International in a reverse merger transaction, positioning the combined entity for expanded operations in waste coal conversion and public trading under a new ticker symbol. Previously, in 2021, the company acquired controlling interest in adaptiveARC Inc., a plasma-waste-to-energy firm, and upgraded its plasma gasifiers while securing a letter of intent for projects in India; it also raised $1.05 million in seed funding for plasma reactor development and completed a 1-for-100 reverse stock split as part of recapitalization efforts. Xcelplus International continues to pursue mergers with private energy firms and patent protections for Cool Plasma gasification innovations amid its transition to hydrogen and rare earth extraction focus.