CHARBONE Forms 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 development in the North American industrial gas sector, coming 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 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 represents a major milestone in CHARBONE's long-term growth strategy, which aims to diversify its revenue streams and consolidate its footprint in the Canadian market.

By joining forces, CHARBONE will be better positioned to meet the growing demand from a wide range of industrial clients including gas distributors, semiconductor and data-center industries, as well as the energy, petrochemical, and refining sectors. This collaboration contributes to the strengthening of North America's supply chain resilience in specialty gases at a critical time when industrial sectors are increasingly seeking reliable, low-carbon gas solutions. The strategic alliance allows CHARBONE to leverage its existing infrastructure while accessing new market opportunities through its partnership with an established global leader.

Dave B. Gagnon, CEO of CHARBONE, emphasized the strategic importance of this partnership, stating that it reinforces the company's leadership in hydrogen and accelerates diversification into new markets, particularly helium in Canada. This collaboration embodies CHARBONE's disciplined approach to growth by relying on world-class partners to minimize risk, maximize opportunity, and build a solid, sustainable platform for the production and distribution of industrial gases in Canada. The alliance represents a calculated expansion strategy that positions CHARBONE to capitalize on emerging opportunities in the rapidly evolving industrial gas market while maintaining its focus on clean energy solutions and strategic gas distribution.