CHARBONE Corporation, a North American producer and distributor of clean ultra-high purity (UHP) hydrogen and industrial gases, announced the signing of a three-year supply contract for UHP oxygen with an undisclosed American industrial client. The agreement, announced April 23, 2026, strengthens the company's foothold in the United States, particularly in New York State's "Tech Valley" region, and validates its strategy to offer a diversified portfolio of specialty gases.
The contract follows previous orders, including an initial UHP oxygen delivery, and establishes a regular supply of the gas at the highest purity standards to support the customer's critical operations in an advanced industrial sector. CHARBONE did not disclose the financial terms or the specific industry of the client but emphasized that the deal demonstrates growing confidence in its ability to deliver reliable, high-quality industrial gases.
This agreement marks a significant milestone in CHARBONE's commercial expansion in the U.S., where the company aims to become a key player in UHP industrial gases. The multi-year commitment aligns with its broader multi-molecule strategy, which integrates hydrogen, oxygen, helium, and other specialty gases to serve advanced technology, pharmaceutical, and manufacturing industries.
"The signing of this three-year UHP oxygen supply contract with an American customer confirms the strength of our business relationship and our ability to deliver ultra-high purity gases according to the most demanding market standards," said Dave Gagnon, CHARBONE’s Chief Executive Officer and Chairman of the Board. "This agreement strengthens our presence in the United States and fully validates our multi-molecule development strategy. We are pursuing our goal of becoming a key player in UHP industrial gases in North America."
CHARBONE's integrated model focuses on developing a network of clean hydrogen production facilities across North America, starting with its flagship Sorel-Tracy project in Quebec. By expanding beyond hydrogen into complementary gases like oxygen and helium, the company diversifies its revenue streams and reduces operational risk. The company is listed on the TSX Venture Exchange (TSXV: CH), OTC Markets (OTCQB: CHHYF), and the Frankfurt Stock Exchange (FSE: K47).
The announcement comes as demand for UHP gases grows in sectors such as semiconductor manufacturing, pharmaceuticals, and advanced materials, where purity is critical. By securing long-term supply contracts, CHARBONE positions itself to capture a larger share of this market. The company's forward-looking statements, as outlined in its regulatory filings on SEDAR+, highlight risks and uncertainties that could affect actual results, but management remains optimistic about the trajectory.
This contract not only strengthens CHARBONE's existing relationship with the U.S. customer but also underscores the company's commitment to supporting the global transition to a lower-carbon economy through accessible, decentralized clean energy and specialty gas solutions.
