CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47), a vertically integrated industrial gases company focused on production, distribution, and storage of clean ultra-high purity (UHP) hydrogen and other strategic industrial gases, announced the addition of an industrial gas cylinder filling unit at its Sorel-Tracy site. The new activity is designed to support revenue growth, broaden the commercial offering, and develop the company’s customer base in Quebec and other Canadian regions.
The unit will allow CHARBONE to fill hydrogen and helium cylinders directly from the onset at the Sorel-Tracy site, with the ability to expand to other industrial gases and specialized mixtures in the future. These cylinders are used to store, transport, and supply gases for various customer applications. By managing this step in-house, CHARBONE internalizes a process previously sourced externally, which is expected to support margin improvement and enhance control over product quality and delivery timelines.
The filling unit will primarily serve the Quebec market while also supporting business development elsewhere in Canada. Target customers include private companies and distribution partners, including independent distributors. The offering will also address supply needs related to certain government contracts and the defense sector. This initiative represents a further step in the development of CHARBONE’s integrated platform, expanding accessible markets and generating new revenue opportunities through an offering tailored to industrial, commercial, and institutional clients.
Dave Gagnon, President and CEO of CHARBONE, stated, “Our goal is to make Sorel-Tracy a growth engine for CHARBONE. By handling the filling of helium cylinders ourselves, and later industrial gases and specialty mixtures, we are expanding our offering and opening up new opportunities to grow our revenue with a diverse clientele. We are building a Canadian industrial gas group with the ambition of becoming a leading supplier for companies seeking to source their gases from a Canadian partner, reliably. Our priority is to develop lasting relationships with our customers and translate this business expansion into long-term value creation for our shareholders.”
Helium, in particular, represents a high-demand industrial gas with constrained supply, making direct cylinder filling a strategically important capability for customers across sectors such as semiconductors, aerospace and defense, and advanced manufacturing. The company intends to leverage the new unit to increase its presence in Quebec and develop business opportunities with Canadian buyers seeking a long-term supply partner.
This initiative further develops CHARBONE beyond hydrogen production, expanding the activities and services offered within its industrial gas platform. The move aligns with the company’s strategy to serve mid-tier industrial gas customers with a reliable supply of UHP gases, including hydrogen, helium, oxygen, and other high-demand gases that are often difficult to source reliably at the regional level.
In conjunction with the announcement, CHARBONE has been invited to present at the upcoming Emerging Growth Conference, a live, interactive online event giving individual and institutional investors, advisors, and analysts the opportunity to receive a brief recap of recent achievements and path forward from CHARBONE’s CFO and Corporate Secretary, Benoit Veilleux. The conference is scheduled for Thursday, October 29, 2026, at 3:10 PM ET, and interested parties can register via the conference registration link.
For more information about CHARBONE, visit www.charbone.com. The original press release is available through www.newmediawire.com.
