CHARBONE Corporation Announces Strategic Alliance with Major U.S. Industrial Gas Producer
TL;DR
CHARBONE gains competitive advantage by expanding into helium markets and strengthening North American positioning through strategic alliance with a major US industrial gas producer.
CHARBONE's partnership enhances operational flexibility and logistics optimization while diversifying revenue streams through helium and specialty gas distribution across industrial sectors.
This collaboration strengthens North America's supply chain resilience for low-carbon gases, supporting sustainable industrial growth and a cleaner energy future.
CHARBONE partners with a global chemical conglomerate subsidiary to enter the helium market amid projected 5.7% annual growth in industrial gases.
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CHARBONE Corporation has announced a strategic alliance and multiple commercial supply agreements with a major U.S. producer and distributor of industrial gases, marking a significant expansion of the company's market capabilities. The partnership with the subsidiary of one of the world's largest chemical and industrial conglomerates will enable CHARBONE to broaden its product portfolio by adding high-value gases, with helium being a particularly notable addition. This collaboration represents a major milestone in CHARBONE's long-term growth strategy, designed to diversify revenue streams and consolidate the company's footprint in Canadian markets.
The alliance strengthens CHARBONE's positioning in North American markets for low-carbon and ultra-high-purity gases while enhancing operational flexibility and optimizing the use of logistics and transport assets. Through strategic synergies with a globally recognized partner, CHARBONE aims to better serve growing demand from industrial clients including gas distributors, semiconductor and data-center industries, as well as energy, petrochemical, and refining sectors. 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%.
This partnership positions CHARBONE to capitalize on this growth while contributing to North America's supply chain resilience in specialty gases. Dave B. Gagnon, CEO of CHARBONE, emphasized that the collaboration with a global sector leader represents a strategic advancement that reinforces the company's leadership in hydrogen while accelerating diversification into new markets, particularly helium in Canada. CHARBONE's disciplined approach to growth focuses on partnering with world-class organizations to minimize risk and maximize opportunity while building a solid, sustainable platform for industrial gas production and distribution in Canada.
The company, which trades on multiple exchanges including the TSX Venture Exchange (TSXV: CH), OTC Markets (OTCQB: CHHYF), and Frankfurt Stock Exchange (FSE: K47), maintains corporate information available through its website at https://www.charbone.com. Additional regulatory filings and risk factor disclosures can be accessed through SEDAR at https://www.sedar.com, providing comprehensive information about the company's operations and forward-looking statements.
Curated from NewMediaWire
