CHARBONE Forges Strategic Alliance with Major U.S. Industrial Gas Producer to Expand North American Market Presence

CHARBONE Corporation has announced the conclusion of a strategic alliance and multiple commercial supply agreements with a major U.S. producer and distributor of industrial gases, a subsidiary of a member of one of the world's largest chemical and industrial conglomerates. This partnership represents a significant advancement in CHARBONE's market positioning and operational capabilities across North America.

The alliance will enable CHARBONE to expand its product offering by adding high-value gases, most notably helium, while strengthening its positioning in the North American markets for low-carbon and ultra-high-purity gases. Through this collaboration, CHARBONE enhances its operational flexibility, optimizes the use of its logistics and transport assets, and establishes strategic synergies with a globally recognized partner. This partnership embodies CHARBONE's disciplined approach to growth by relying on world-class partners to minimize risk and maximize opportunity.

This strategic move comes at a time when the global industrial gas market is projected to grow by USD 31.1 billion between 2024 and 2029, representing an average annual growth rate of 5.7%. The partnership positions CHARBONE to better serve a wide range of industrial clients including gas distributors, semiconductor and data-center industries, as well as the energy, petrochemical, and refining sectors. This diversification strategy contributes to strengthening North America's supply chain resilience in specialty gases at a critical time for industrial development.

Dave B. Gagnon, CEO of CHARBONE, emphasized the strategic importance of this alliance, stating that it reinforces the company's leadership in hydrogen and accelerates diversification into new markets, particularly helium in Canada. The collaboration represents a major milestone in CHARBONE's long-term growth strategy, which aims to diversify revenue streams and consolidate its footprint in the Canadian market while building a solid, sustainable platform for the production and distribution of industrial gases. Additional information about CHARBONE's operations and strategic direction can be found at https://www.charbone.com.

The timing of this alliance is particularly significant given the growing demand for reliable industrial gas supplies across multiple sectors. By leveraging the expertise and resources of a global industrial gas leader, CHARBONE enhances its ability to meet evolving market demands while maintaining its focus on clean energy solutions. This partnership not only expands CHARBONE's product portfolio but also strengthens the overall industrial gas infrastructure in North America, providing more stable supply chains for critical industries that depend on these essential gases for their operations.