Data Watts Partners Inc. Portfolio Update: AdvEn Industries Inc ("AdvEn"), The Alberta Producer of Super Activated Carbon, Secures Repeat Customer Orders

Executive Summary

• AdvEn’s commercial plant in Nisku, Alberta is now operating at design capacity (1,200 t/yr) with repeat customer orders and a focus on EU export markets.
• The company has received over CAD 10 million in grants from federal and provincial programs to fund the facility’s completion and certification.
• AdvEn is expanding its commercial partnership program, engaging Agilitas Advisory Corp. to target high‑emitter utilities and battery manufacturers, leveraging recent carbon‑tax incentives.

Key Details

• Plant Capacity: 1,200 metric tons per annum of super activated carbon produced from oil‑sands by‑products.
• Customer Orders: First repeat orders secured; sales strategy now emphasizes European Union markets where the product enjoys tax‑free status.
• Environmental Benefits: Production avoids charcoal/coal, reduces Scope 2 and 3 emissions for customers, and qualifies for EU carbon‑tax exemptions.
• Grant Funding: CAD 10 million+ received from Sustainable Development Technology Canada, Alberta Innovates, IRAP, and Emissions Reduction Alberta toward facility completion.
• Certification: Full production lifecycle certified by SAISS Consulting (Ontario).
• Commercial Expansion: Engaged Agilitas Advisory Corp. to pursue partnerships with high‑emitting oil & gas firms, utilities, and battery manufacturers.
• Regulatory Context: Recent changes to Alberta’s industrial carbon tax program now recognize investments in emissions reduction, enhancing the financial case for partners.

Notable Quotes

“This is an exciting milestone as we seek to fully utilize our first plant's capacity,” – Ingo Mueller, CEO, AdvEn.

“Using by‑product from Oil Sands to create super activated carbon with a low footprint is remarkable,” – Ron Loborec, CEO, Data Watts Partners Inc.