Carbonxt and KCP finalize JV for activated carbon plant in Kentucky

Carbonxt and Kentucky Carbon Processing (KCP) finalized a legally binding joint venture agreement called 'NewCarbon' to build an activated carbon production facility in Kentucky, USA. Carbonxt will contribute $10 million over two years, and KCP will contribute Inez Power assets for an initial capacity of over 10,000 tons.

“Carbonxt will contribute US$10 million under the agreement over the next two years.”kalkinemedia.com

• 1 source
• kalkinemedia.comCarbonxt (ASX: CG1) confirms JV agreement with KCP for Kentucky activated carbon plantMay 31, 2023

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