Arq Provides Update on Transformational GAC Project
Portfolio Pulse from
Arq, Inc. (NASDAQ: ARQ) is on track with its Granular Activated Carbon (GAC) project, expecting initial production in Q1 2025 and full production by H2 2025. Customer negotiations for GAC contracts are progressing well.
February 07, 2025 | 1:15 pm
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Arq, Inc. is progressing well with its GAC production facility, with initial production expected in Q1 2025 and full capacity by H2 2025. Customer negotiations are also advancing, indicating potential revenue growth.
The update on the GAC project indicates that Arq is on schedule, which is positive for future revenue growth. The progress in customer negotiations suggests potential demand for the product, likely boosting investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100