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 updated materials provide investors with a refreshed view of Charbone’s vertically integrated 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.
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% (MarketsandMarkets - High Purity Gas Market Report 2025). Demand drivers include semiconductor fabrication, AI and data centers, advanced pharmaceuticals, and aerospace and defense applications. The supply gap remains significant, as global supply is dominated by a handful of mega-plant operators, creating a structural opening for regional, modular, and decentralized producers like Charbone.
Global hydrogen demand reached nearly 100 million tons in 2024, with less than 1% sourced from low-emissions production (IEA Global Hydrogen Review 2025). 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 UHP semiconductor gas market is projected to grow from approximately US$7.4 billion in 2025 to US$14.2 billion by 2034, at a CAGR of 7.5% (MarketsandMarkets).
Charbone’s 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 reaching C$66.0 million by Phase 5. Power is sourced from renewable baseload electricity from Hydro-Quebec, with greenhouse gas emissions 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, with site selection and permitting advancing in H1 2026 and Phase 1 launch targeted for H2 2026. In Wisconsin, Phase 1 capacity is 200 kg per day (0.5 MW), leveraging Charbone’s Wolf River hydro dam assets on approximately 157,687 sq. ft. of land owned by the Company. In Malaysia, Charbone has an asset-light equity participation with Green Hydrogen ASIAPAC SDN BHD., with advisory revenues in Q4 2025 and equity participation intent confirmed in April 2026. Malaysia is a top-10 global semiconductor manufacturing hub.
Beyond these four projects, Charbone is evaluating 12+ additional plant opportunities across North America and Asia-Pacific. The Company is also developing Regional Supply Hubs for storage and distribution of industrial gases in Ontario, Quebec, Nova Scotia, and New York, targeting 6-8 hubs total across North America. Hydrogen and helium tube trailers have been deployed, and multi-year supply agreements are in place with a subsidiary of one of the world’s largest chemical and industrial conglomerates, providing a recurring revenue foundation.
Charbone’s modular, demand-driven approach allows deployment of up to 16 hydrogen projects in proximity to end-users, at a fraction of the capital intensity of traditional centralized mega-plants. Each project is designed with up to 5 phases of production capacity, deployed within 6-12 months in line with local demand and access to renewable energy. This model supports scalable growth, enhances operational flexibility, and enables more stable and diversified revenue generation.
