CHARBONE Adds Cylinder Filling Unit to Sorel-Tracy Site to Boost Margins and Expand Industrial Gas Offer

CHARBONE's new cylinder filling unit at its Sorel-Tracy site internalizes a previously outsourced step, aiming to improve margins, broaden its customer base, and strengthen its position in Quebec's industrial gas market.

Chicago Metrowire Staff
••Energy
CHARBONE Adds Cylinder Filling Unit to Sorel-Tracy Site to Boost Margins and Expand Industrial Gas Offer

CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) announced the addition of an industrial gas cylinder filling unit at its Sorel-Tracy site, a move that shifts a previously outsourced step in-house and is expected to support margin improvement while expanding the company's commercial reach in Quebec and other Canadian regions. The unit will allow CHARBONE to fill hydrogen and helium cylinders directly from the outset, with the capability to add other industrial gases and specialized mixtures in the future.

The strategic importance of this announcement lies in vertical integration. By managing cylinder filling itself, CHARBONE gains greater control over product quality and delivery timelines, and it can capture value that was previously paid to external providers. The company said the new activity is a further step in developing its integrated platform, aimed at expanding accessible markets and generating new revenue opportunities through an offering tailored to industrial, commercial and institutional clients.

Helium, in particular, represents a high-demand industrial gas with constrained supply, making direct cylinder filling a strategically important capability for customers in sectors such as semiconductors, aerospace and defense, and advanced manufacturing. The filling unit will primarily serve the Quebec market while supporting business development elsewhere in Canada. Target customers include private companies and distribution partners, including independent distributors, as well as supply needs related to certain government contracts and the defense sector.

Dave Gagnon, President and CEO of CHARBONE, said the goal is to make Sorel-Tracy a growth engine for the company. "By handling the filling of helium cylinders ourselves, and later industrial gases and specialty mixtures, we are expanding our offering and opening up new opportunities to grow our revenue with a diverse clientele," Gagnon said. He added that CHARBONE is building a Canadian industrial gas group with the ambition of becoming a leading supplier for companies seeking to source their gases from a Canadian partner reliably.

The initiative further develops CHARBONE beyond hydrogen production, expanding the activities and services offered within its industrial gas platform. The company intends to leverage the new unit to increase its presence in Quebec and develop business opportunities with Canadian buyers seeking a long-term supply partner. The announcement also underscores CHARBONE's modular, decentralized and demand-driven approach, which the company says supports scalable growth and more stable, diversified revenue generation. CHARBONE is listed on the TSX Venture Exchange, the OTC Markets and the Frankfurt Stock Exchange. For more information, visit www.charbone.com.

In addition, CHARBONE has been invited to present at the upcoming Emerging Growth Conference, a live, interactive online event giving investors, advisors and analysts the opportunity to receive a recap of recent achievements and the company's path forward from CFO and Corporate Secretary Benoit Veilleux. The presentation is scheduled for Thursday, October 29, 2026, at 3:10 PM ET. Interested parties can register at https://goto.webcasts.com/starthere.jsp?ei=1772210&tp_key=8ae90219a3&sti=ch. The original release is available via www.newmediawire.com.

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