CHARBONE Completes Its First Helium Delivery to the Greater Toronto Area and Signs Three-Year Supply Agreement with Independent Distributor

Core Insights - CHARBONE CORPORATION has successfully launched its Helium Division with the first delivery of 161,000 cubic feet of helium to an independent distributor in the Greater Toronto Area, marking a significant milestone in its operations [1][2] - The company has entered into a three-year supply agreement with the distributor, ensuring a reliable supply of several million cubic feet of helium to the Ontario market, which diversifies its product portfolio [3] - The global helium market is projected to grow by USD 2 billion from 2024 to 2030, with an average annual growth rate of 6.7%, indicating a favorable market environment for CHARBONE's expansion [4] Company Overview - CHARBONE specializes in clean Ultra High Purity (UHP) hydrogen and the strategic distribution of industrial gases in North America and Asia-Pacific, focusing on building a distributed network of green hydrogen production plants [5] - The company aims to provide strong alternatives for independent distributors across Canada, enhancing its market presence and addressing the growing demand for specialty gases [4][5]