#kentuckyfacility

[colitco]

🚀 Carbonxt Expands Ownership and Nears Commissioning at Kentucky Activated Carbon Facility

Carbonxt Group Ltd (ASX: CG1) has invested an additional US$750,000 into New Carbon Processing, LLC, increasing its ownership to 45.9% as the Kentucky activated carbon facility enters its final commissioning stage.

📌 Strategic Highlights:

✅ Additional investment boosts ownership stake to 45.9% 🏗️ Kiln construction completed with refractory installation underway ⚡ Bagging systems, silos, and power station in final installation phase 🚀 Commissioning set for November with first sample production to follow 📈 Facility expected to expand total group sales by ~200% and enable entry into the liquid-phase activated carbon market

💬 Managing Director Warren Murphy:

“The Kentucky project has reached its final stages of construction, with commissioning now in sight. This investment secures our participation in one of the fastest-growing activated carbon segments. The facility will materially expand our production business and strengthen Carbonxt’s position as a domestic U.S. supplier for both air and water purification markets.”

📈 Investor Outlook:

The Kentucky facility is a cornerstone asset in Carbonxt’s U.S. growth strategy, unlocking access to the high-demand liquid-phase activated carbon market for PFAS filtration, wastewater treatment, and emissions control. With commissioning imminent, CG1 is well positioned to benefit from tightening EPA regulations and the shift toward sustainable, domestic supply solutions.

📊 Last Price: A$0.090 | Market Cap: A$37.26M

Read More - https://colitco.com/carbonxt-750k-investment-kentucky-plant-start/

📢 Disclaimer: This is not investment advice, please do your own research for any investment decisions.

[carbonxtgroupblog]

Carbonxt Accelerates U.S. Expansion with Kentucky Facility Nearing Completion

Carbonxt Group Limited (ASX: CG1) is making significant strides in the U.S. cleantech sector, as highlighted in its March 2025 Quarterly Activities Report. The company's Kentucky activated carbon facility is in the final stages of commissioning, with commercial production expected to commence soon. The Kentucky plant has achieved mechanical completion, with final electrical and insulation work underway. Once operational, the facility will significantly increase Carbonxt's output of activated carbon products, including Granular Activated Carbon (GAC), enabling the company to enter the liquid-phase treatment market. 

The March quarter saw Carbonxt report a total revenue of $4.6 million, marking a 49.8% increase from the previous quarter. Powdered Activated Carbon (PAC) contributed 52% of total revenue, with gross margins improving to 47%. Customer cash receipts reached $4.1 million, an 87% increase compared to the prior quarter.