Original News Release
Charbone completes first helium delivery to GTA
Mr. Dave Gagnon reports
CHARBONE COMPLETES ITS FIRST HELIUM DELIVERY TO THE GREATER TORONTO AREA AND SIGNS THREE-YEAR SUPPLY AGREEMENT WITH INDEPENDENT DISTRIBUTOR
Charbone Corp. has generated revenues with the first delivery of 161,000 cubic feet of helium to an independent distributor in the Greater Toronto Area (GTA). This milestone marks the launch of Charbone's helium division and its integration into the North American specialty industrial gases supply chain.
The delivery was completed using a newly commissioned Type 1 tube trailer dedicated to helium, underscoring Charbone's commitment to logistics reliability and the security of ultrahigh-purity gas supply.
Concurrently, Charbone entered into a three-year supply agreement with the independent distributor, ensuring a reliable supply of several million cubic feet of helium to the Ontario market. The agreement is a strategic step in diversifying Charbone's product portfolio, which includes hydrogen, helium and other value-added gases.
"This first delivery to the GTA demonstrates Charbone's ability to expand alongside our hydrogen platform and meet growing Canadian demand for specialty gases," said Dave B. Gagnon, chief executive officer of Charbone. "We aim to provide a strong new alternative for independent distributors across Canada."
According to projections, the global helium market is expected to grow by $2-billion (U.S.) between 2024 and 2030, representing an average annual growth rate of 6.7 per cent.
About Charbone Corp.
Charbone is an integrated company specializing in clean ultrahigh-purity (UHP) hydrogen and the strategic distribution of industrial gases in North America and Asia-Pacific. Through a modular approach, the company is building a distributed network of green hydrogen production plants while diversifying revenues via helium and specialty gas partnerships. This disciplined model reduces risk, enhances flexibility and positions Charbone as a leader in the transition to a low-carbon future.
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