Financial PerformanceConverting from powdered activated carbon to granular activated carbon should increase prices and margins for Arq — driving meaningful higher revenue and profits.
Market StrategyThe company continues on its journey to transform its business and financial profile by transitioning from PAC to GAC, which should result in a meaningful upgrade to the company’s revenue and EBITDA profile.
Production And OperationsArq announced that it has successfully completed commissioning of its first Granular Activated Carbon production line at the Company's Red River Plant, and initial production was successfully achieved.