Arq, Inc., a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, announced that it has successfully completed commissioning of its first Granular Activated Carbon (“GAC”) production line at the Company’s Red River Plant in Colorado, marking a major milestone in Arq’s ongoing business transformation.
Initial production of GAC at the Red River facility was successfully achieved this summer. With this milestone successfully achieved, the facility has now completed its commissioning phase and formally commenced ramp-up. Arq’s operations team is now focused on optimizing production processes to achieve targeted nameplate capacity. Management anticipates that the plant should reach its full nameplate capacity of 25 million pounds within the next six months.
With this announcement, Arq confirms successful commercial-scale GAC production at Red River and reports first sales revenue from initial GAC shipments to customers for previously announced testing programs. As production increases, the Company will begin fulfilling its existing supply agreements while finalizing contract negotiations for the remaining production capacity.
