Charbone delivers first load of clean UHP hydrogen

Executive Summary

• Charbone Corp. completed its first delivery of clean ultrahigh‑purity (UHP) hydrogen to an independent distributor in Ontario, marking the start of revenue generation for its production division.
• The shipment demonstrates Charbone’s ability to supply markets outside Quebec from its flagship Sorel‑Tracy plant and initiates a growth phase for its North American distribution network.
• No purchase order volumes or pricing were disclosed, but the delivery signals commercial traction in a market with limited clean UHP hydrogen availability.

Key Details

• First load of clean UHP hydrogen delivered to an Ontario‑based independent distributor; produced at Charbone’s Sorel‑Tracy facility in Quebec.
• Delivery confirms operational capability to serve customers beyond Quebec and initiates revenue generation for the production division.
• Company plans to gradually expand its distribution network across Eastern Canada and the American Midwest.
• Purchase order volumes and pricing were not disclosed to protect competitive positioning.
• Revenues from Charbone’s production, distribution, and advisory businesses are reported quarterly on a consolidated basis.
• CEO Dave Gagnon stated: “We are extremely proud to begin delivering locally produced clean UHP hydrogen to our first customer today… another major milestone for Charbone, and also for the clean UHP hydrogen industry in North America.”

Notable Quotes

• Dave Gagnon, CEO & Chairman: “We are extremely proud to begin delivering locally produced clean UHP hydrogen to our first customer today. This is another major milestone for Charbone, and also for the clean UHP hydrogen industry in North America.”