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 market, 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 North American markets for low-carbon and ultra-high-purity gases. This collaboration enhances CHARBONE's operational flexibility, optimizes the use of its logistics and transport assets, and establishes strategic synergies with a globally recognized partner. The partnership represents a major milestone in CHARBONE's long-term growth strategy, which aims to diversify revenue streams and consolidate its footprint in the Canadian market.

Dave B. Gagnon, CEO of CHARBONE, stated that this partnership with a global leader in the sector represents a strategic advancement for the company. "It reinforces our leadership in hydrogen and accelerates our diversification into new markets - particularly helium in Canada," Gagnon explained. "This collaboration embodies our disciplined approach to growth: 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."

By joining forces, CHARBONE will be better positioned to meet 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 strategic move contributes to strengthening North America's supply chain resilience in specialty gases at a time when global supply chains face increasing pressure. The alliance comes as CHARBONE continues to build its distributed network of green hydrogen production plants while diversifying revenues through helium and specialty gas partnerships.

This development is particularly significant given CHARBONE's focus on clean Ultra High Purity hydrogen and strategic industrial gases. The company's modular approach to hydrogen production, combined with this new partnership, positions it to capitalize on the growing demand for low-carbon industrial solutions. The strategic alliance represents a calculated expansion that could have broader implications for North America's industrial gas landscape, potentially influencing how companies approach partnerships and market expansion in the evolving energy transition landscape.