Arq Inc Delays Commissioning of GAC Facility

Arq Inc ( (ARQ) ) has shared an announcement.

Arq, Inc. announced a revised timeline for the commissioning of its granular activated carbon (GAC) facility at the Red River Plant. Initially expected by the end of Q1 2025, the final commissioning and first commercial production are now anticipated by the end of Q2 or early Q3 2025 due to extended fine-tuning and testing. Despite producing small non-commercial volumes, the company aims to ensure consistent commercial-scale production without increasing capital expenditures. A ramp-up period of three to six months is expected to achieve full capacity.

Spark’s Take on ARQ Stock

According to Spark, TipRanks’ AI Analyst, ARQ is a Neutral.

Arq Inc’s overall stock score reflects strong financial resilience and positive strategic developments, such as the CFO appointment and GAC market expansion. However, ongoing profitability challenges, negative stock momentum, and valuation concerns weigh on the score.

To see Spark’s full report on ARQ stock, click here.

More about Arq Inc

Average Trading Volume: 272,818

Technical Sentiment Signal: Sell

Current Market Cap: $178.6M

For an in-depth examination of ARQ stock, go to TipRanks’ Stock Analysis page.