Arq Reports Third Quarter 2024 Results Record PAC revenue and profitability driven by ongoing and sustainable improvements Strategic GAC project at Red River remains on target for first deliveries in Q1 2025 with modular commissioning already underway; capex, timing and contracting advancing in-line with expectations Expect to ramp Red River GAC run-rate to 25 million nameplate by end of Q1 2025; identified potential to increase GAC nameplate capacity by 10-20% with no anticipated additional capex required GREENWOOD VILLAGE, Colo., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ: A...
Arq to Host Third Quarter 2024 Conference Call on November 7, 2024 GREENWOOD VILLAGE, Colo., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ: ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced the Company expects to release its third quarter 2024 financial results and file its Quarterly Report on Form 10-Q for the period ended September 30, 2024 before market open on November 7, 2024. A conference call to discuss the Company's financial performance is sched...
Arq Publishes its First-Ever ESG Report GREENWOOD VILLAGE, Colo., Sept. 25, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ: ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products, today announced the publication of its inaugural Environmental, Social, and Governance (ESG) Report. This report builds upon the Company’s previously published 2023 ESG Overview Tear Sheet and provides a comprehensive assessment of Arq’s ongoing efforts to drive positive environmental impact, employee well-being, and responsible governance. "The release...
Arq, Inc. Announces Pricing of $25 Million Public Offering of Common Stock GREENWOOD VILLAGE, Colo., Sept. 20, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ: ARQ) (“Arq” or the “Company”), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced the pricing of an underwritten public offering of 4,770,000 shares of its common stock, par value $0.001 per share (“common stock”), at a price to the public of $5.25 per share. All of the shares in the offering are being sold by Arq. The gross proceeds to Ar...
Arq, Inc. Announces Proposed Public Offering of Common Stock GREENWOOD VILLAGE, Colo., Sept. 19, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ: ARQ) (“Arq” or the “Company”), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced that it has commenced an underwritten public offering of shares of its common stock, par value $0.001 per share (“common stock”), for sale in an underwritten public offering. All of the shares in the offering are being offered by Arq. Arq expects to grant the underwriters ...
Arq Reports Second Quarter 2024 Results Ongoing improvement to ASP and profitability of foundational PAC business 52% of Red River’s GAC nameplate capacity now contracted nearly six months ahead of first production Red River expansion remains on target for first GAC deliveries in Q1 2025 GREENWOOD VILLAGE, Colo., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ: ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced its financial and operating results f...
Arq to Attend Upcoming Investor Conferences GREENWOOD VILLAGE, Colo., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ: ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced that the Company will attend the following upcoming investor conferences: Canaccord Genuity 44th Annual Growth Conference Date: August 13-14, 2024Location: Boston, MALive presentation: August 13, 2024 at 4:15 p.m. EST (information below) H.C. Wainwright 26th Annual Global Investment Conf...
Arq to Host Second Quarter 2024 Conference Call on August 13, 2024 GREENWOOD VILLAGE, Colo., July 30, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ: ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced the Company expects to release its second quarter 2024 financial results and file its Quarterly Report on Form 10-Q for the period ended June 30, 2024 after market close on Monday, August 12, 2024. A conference call to discuss the Company's financial performance is sc...
Arq Contracts Additional Production for its Granular Activated Carbon (GAC) Product Incremental demand takes total annual contracted volume to 13 million pounds Reflects >50% of nameplate capacity under contract roughly six months ahead of first production GREENWOOD VILLAGE, Colo., July 15, 2024 (GLOBE NEWSWIRE) -- GlobeNewswire - Arq, Inc. (NASDAQ: ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced it has secured material incremental contracted volume for t...
CEO Bob Rasmus joined us on the Water Tower Hour podcast to talk about the recent transformation of the company through the merger of Advance Emissions Solutions (NASDAQ: ADES) and UK-based Arq and its strategic shift to producing higher-margin Granular Activated Carbon (GAC). Those interested can listen to the episode on Apple Podcasts, Spotify, or on our website. Today, Arq, Inc. is a diversified environmental technology company focused on developing and providing solutions for air, water, and...
Arq Added to Russell 3000® Index GREENWOOD VILLAGE, Colo., July 02, 2024 (GLOBE NEWSWIRE) -- GlobeNewswire - Arq, Inc. (NASDAQ: ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced that the Company has been added to the broad-market Russell 3000® Index and the Russell 2000® Index, effective July 1, 2024. Bob Rasmus, CEO of Arq, remarked, "We are proud and delighted to be part of one of the most esteemed and widely-cited benchmarks for assessing the performance o...
Arq Secures Second Contract for its Granular Activated Carbon (GAC) Facility New customer contract for 4 million pounds of GAC per annum in specialist market GREENWOOD VILLAGE, Colo., June 18, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ: ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced its second major sales contract for the supply of GAC to be produced from its strategic Red River facility. This agreement, with a company specializing in the manufacturi...
Arq Publishes its Inaugural ESG Overview Important milestone as Arq continues transition to an environmental technology company with a core focus on maximizing shareholder value, sustainability and driving positive change for all stakeholders GREENWOOD VILLAGE, Colo., May 22, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ: ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced the publication of its inaugural Environmental, Social, and Governance (ESG) Overview. This...
Arq Announces $15 Million PIPE Transaction Entered Into $15 million PIPE at $7.00 per share, reflecting a roughly 3% discount to yesterday's close Transaction resulted from unsolicited offer from new, accredited institutional investor Bolsters long-term growth strategy, provides additional third-party validation of strategy and prospects GREENWOOD VILLAGE, Colo., May 16, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ: ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today an...
Arq Reports First Quarter 2024 Results Delivered materially improved YoY results in Q1 from PAC margin enhancement Achieved strategic milestone with first GAC contract for 20% of capacity at attractive pricing Red River expansion remains on schedule for first production in Q4 2024; expected payback of 3 years or less GREENWOOD VILLAGE, Colo., May 08, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ: ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced its financial...
Arq Announces First Supply Contract for its Strategic Granular Activated Carbon (GAC) Facility Achieved critical strategic milestone with the execution of its first supply contract for Granular Activated Carbon ("GAC") product with a new customer Agreement reflects 5 million pounds/year of GAC with delivery commencing in Q1 2025; Arq’s Red River GAC plant is on target to complete commissioning in Q4 2024 Encouraging ongoing discussions with additional potential customers for further GAC contracts; Arq expects additional near-term announcements GREENWOOD VILLAGE, Colo., May 08, 202...
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Arq to Host First Quarter 2024 Conference Call on May 9, 2024 GREENWOOD VILLAGE, Colo., April 24, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ: ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced the Company expects to release its first quarter 2024 financial results and file its Quarterly Report on Form 10-Q for the period ended March 31, 2024 after market close on Wednesday, May 8, 2024. A conference call to discuss the Company's financial performance is schedul...
Arq Applauds EPA's First-Ever Definitive PFAS Regulations On April 10, 2024, the EPA issued its first-ever national, legally enforceable PFAS regulations, confirming stricter rules reducing permissible PFAS levels by more than 90% Changes are focused on reducing PFAS contamination in U.S. drinking water, protecting public health and improving environmental integrity Regulations are expected to drive even stronger near and long-term demand for Arq's solutions, including its unique waste-derived Granular Activated Carbon ("GAC") GREENWOOD VILLAGE, Colo., April 11,...
Arq Reports Fourth Quarter & Full Year 2023 Results Q4 2023 revenues from foundational Powder Activated Carbon business increase 20% YoY while gross margin improves to 50%, generating Adjusted EBITDA of $7.2 million and Net Income of $3.3 million, while Granular Activated Carbon growth business remains on schedule for commissioning by Q4 2024 GREENWOOD VILLAGE, Colo., March 12, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ: ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, toda...
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