Arq Announces Supply Contract For Strategic Granular Activated Carbon Facility; North American Solutions Provider Of Water And Wastewater Treatment And PFAS Capture Technologies To Purchase Forecasted 5 Million Pounds Of GAC Product In 2025
Portfolio Pulse from Benzinga Newsdesk
Arq has secured a supply contract for its strategic granular activated carbon (GAC) facility, with a North American provider of water and wastewater treatment and PFAS capture technologies committing to purchase an estimated 5 million pounds of GAC product in 2025.
May 08, 2024 | 10:39 pm
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Arq's new supply contract for its granular activated carbon facility is expected to significantly boost its revenues and market presence in the water and wastewater treatment sector by 2025.
Securing a large supply contract for 2025 indicates strong demand for Arq's GAC product, likely leading to increased revenue and a stronger market position. This positive development suggests a bullish outlook for Arq's stock in the short term, as it demonstrates the company's growth potential and operational success in securing significant contracts.
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