Charbone Starts Sorel-Tracy Production Expansion

Charbone Corporation commenced construction Monday on Phase 1B of its Sorel-Tracy facility expansion in Quebec, Canada. The company is targeting an increase in its clean, ultra-high purity (UHP) hydrogen production capacity with this new unit.

The project is expected to be completed by Fall 2026. This expansion is part of Charbone's strategy to address the growing demand for clean hydrogen. The company operates in the industrial gas distribution sector, and the global hydrogen market is projected for significant growth in the coming years.

The Sorel-Tracy facility serves as one of Charbone's key production sites. The expansion is intended to enhance the company's ability to serve industrial clients requiring reliable and pure hydrogen supply. Specific production targets or investment figures have not yet been disclosed.

Charbone is listed on the TSX Venture Exchange in Canada, the OTCQB market in the USA, and the Frankfurt Stock Exchange in Germany. The company's market capitalization was approximately C$32 million at the time of publication.