CHARBONE Secures Three-Year UHP Oxygen Supply Contract with US Customer
CHARBONE Corporation has signed a three-year contract to supply ultra high purity oxygen to a strategic American customer, bolstering its presence in the US and advancing its multi-molecule strategy.
CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47), a North American producer and distributor of clean Ultra High Purity (UHP) hydrogen and strategic industrial gases, announced the signing of a three-year supply contract for UHP oxygen with an American industrial client. The agreement strengthens the Company's foothold in the United States, particularly in New York State's "Tech Valley" region, and underscores its commitment to expanding beyond hydrogen into a broader portfolio of specialty gases.
The contract, which follows previous orders including an initial delivery of UHP oxygen, provides for regular supply meeting the highest purity standards to support the customer's critical operations in an advanced industrial sector. This long-term commitment validates CHARBONE's multi-molecule strategy, which aims to build an integrated platform of UHP industrial gases encompassing hydrogen, oxygen, helium, and other specialty gases. By diversifying its offerings, the Company positions itself to serve advanced technology, pharmaceutical, and manufacturing industries more comprehensively.
Dave Gagnon, CHARBONE's Chief Executive Officer and Chairman of the Board, stated: "The signing of this three-year UHP oxygen supply contract with an American customer confirms the strength of our business relationship and our ability to deliver ultra-high purity gases according to the most demanding market standards. This agreement strengthens our presence in the United States and fully validates our multi-molecule development strategy. We are pursuing our goal of becoming a key player in UHP industrial gases in North America."
The deal marks a significant milestone in CHARBONE's commercial expansion in the US, reflecting growing customer confidence in the Company as a reliable partner for UHP gas supply. It also aligns with the broader industry trend towards localized, decentralized clean energy solutions. CHARBONE's integrated model, which includes partnerships in helium and other specialty gases, reduces risk and enhances scalability while supporting the global transition to a lower-carbon economy.
CHARBONE is listed on the TSX Venture Exchange under the symbol CH, on the OTC Markets under CHHYF, and on the Frankfurt Stock Exchange under FSE: K47. More information is available at www.charbone.com.