Carbonxt Group Ltd. (AU:CG1) has released an update.
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Carbonxt Group Ltd has achieved a significant milestone with the mechanical completion of its new activated carbon production plant in Kentucky, increasing its ownership stake to 40%. This facility, noted for its innovative and sustainable design, is poised to meet the rising demand for activated carbon driven by stringent PFAS regulations in North America. The Kentucky plant positions Carbonxt to capitalize on lucrative market opportunities, bolstered by high customer interest and strategic production capabilities.
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