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Carbonxt Advances Kentucky Facility, Boosts PAC Sales and Raises $1M Capital
4:34pm on Friday 31st of January, 2025 AEDT
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Cleantech
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Carbonxt Advances Kentucky Facility, Boosts PAC Sales and Raises $1M Capital
4:34pm on Friday 31st of January, 2025 AEDT
Key Points
Kentucky facility reached mechanical completion in December 2024
Powdered Activated Carbon (PAC) sales increased 14% year-on-year
$1.03 million raised through share placement to support growth
Operating expenses cut by $1.5 million annually to improve cash flow
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