CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47), a vertically integrated industrial gases company, announced the release of its updated Corporate Presentation and Fact Sheet, now available in the Investors section of the Company's website at www.charbone.com. The materials provide investors and stakeholders with a refreshed view of CHARBONE’s vertically integrated industrial gases platform, the structural growth dynamics shaping the global ultra-high purity (UHP) gas market, and the Company’s growing portfolio of clean UHP hydrogen production plants across Canada, the United States, and Asia-Pacific.
CHARBONE operates in a critical segment of the modern industrial economy. The updated investor materials highlight the favorable market backdrop supporting the Company’s growth strategy, with demand drivers anchored in semiconductor fabrication, AI and data centers, advanced pharmaceuticals and biotech, aerospace and defense, and precision laboratories. According to MarketsandMarkets' 2025 High Purity Gas Market Report, the global UHP gas market is projected to grow from approximately US$37.5 billion in 2025 to US$52.8 billion by 2030, representing a CAGR of 7.1%. Global supply remains dominated by a handful of mega-plant operators, creating a structural opening for regional, modular and decentralized producers and distributors like CHARBONE.
Clean UHP hydrogen is CHARBONE’s core production molecule. As noted in the IEA Global Hydrogen Review 2025, global hydrogen demand reached nearly 100 million tons in 2024, with less than 1% sourced from low-emissions production. Low-emissions hydrogen production is expected to reach 4.2 Mtpa by 2030, a fivefold increase versus 2024. Drivers include semiconductor fabs, AI data centers, carbon-price pressure, and industrial decarbonization mandates.
The updated Corporate Presentation provides additional clarity on CHARBONE’s project pipeline. The Company’s modular, demand-driven approach is designed to deploy up to 16 hydrogen projects in proximity to end-users. The flagship project in Sorel-Tracy, Quebec, Canada, successfully launched Phase 1A in Q4 2025, with continuous commercial production and initial hydrogen revenues. Multiple U.S. and Canadian sales were confirmed in Q1 2026. The modular build-out includes up to 5 phases, scaling from 2.25 MW to 25.65 MW of installed electrolysis capacity, with indicative annual sales potential from C$5.1M (Phase 1) to C$66.0M (Phase 5). Power is sourced from renewable baseload electricity from Hydro-Quebec, and greenhouse gas emissions are expected to be reduced by approximately 10 kilograms of CO2 for every kilogram of hydrogen produced.
In Detroit, Michigan, Phase 1 capacity is 1 ton per day of clean UHP hydrogen, following a similar commissioning approach to Sorel-Tracy. The site is strategically located in the Great Lakes corridor with proximity to growing semiconductor and advanced manufacturing customers. Next steps include site selection and permitting in H1 2026, with Phase 1 launch targeted for H2 2026. In Wisconsin, Phase 1 capacity is 200 kg per day (0.5 MW), leveraging the Company’s Wolf River hydro dam assets. Land of approximately 157,687 sq. ft. is owned by CHARBONE, and site permitting is advancing through H2 2026.
In Malaysia, CHARBONE is partnering with Green Hydrogen ASIAPAC SDN BHD. under an asset-light equity participation model. Advisory engagement launched in Q4 2025, and equity participation intent was confirmed in April 2026. Malaysia is a top-10 global semiconductor manufacturing hub, with rapidly growing industrial gas demand driven by foreign direct investment in chip fabs, data centers, and advanced manufacturing.
Beyond these four projects, the Company is evaluating 12+ additional plant opportunities across North America and Asia-Pacific. CHARBONE’s hydrogen production assets are supported by a network of Regional Supply Hubs for storage and distribution. The Company is developing hubs in Ontario, Quebec, Nova Scotia, and New York, with a target of 6-8 hubs total across North America. Hydrogen and helium tube trailers have been deployed, supporting commercial deliveries across Ontario, Quebec, and New York State. Multi-year supply agreements are in place with a subsidiary of one of the world’s largest chemical and industrial conglomerates, providing CHARBONE with a recurring revenue foundation.
“The updated Corporate Presentation and Fact Sheet bring together, in one place, the market context and the project execution story that we believe make CHARBONE a differentiated investment opportunity,” said Dave B. Gagnon, Chairman and Chief Executive Officer of CHARBONE. “The structural undersupply of clean UHP hydrogen and helium, combined with accelerating demand from semiconductors, AI, data centers, advanced pharma, and aerospace, defines a multi-decade tailwind, and our modular, decentralized model is purpose-built to capture it.”
