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Carbacid Investments Plc (CARB)

July 31, 2021
in Business
Reading Time: 3 mins read
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Carbacid Investments Plc (CARB)

Carbacid Investments Plc (CARB)

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Carbacid Investments Ltd is a Kenya-based investment and holding company with three subsidiaries. The principal activities of the main subsidiary, Carbacid (CO2 ) Limited, are mining and marketing of carbon dioxide gas while Goodison Twenty Nine Limited and Goodison Forty Seven Limited are investment companies. The principal activities of the Company are mining and sale of carbon dioxide gas and investments. These are organized in the following operating segments: Trading and Investments.  Carbacid’s distribution network extends across the whole of East Africa, serving customers in Kenya, Uganda, Tanzania, Rwanda, Burundi, Ethiopia, Uganda, Zambia, Southern Sudan and Somaliland.

Carbacid produces natural, certified food grade (99.99% purity) carbon dioxide for the beverage and brewery industries, where it is used to carbonate wat er, soft drinks and alcoholic beverages.  It  supplies compressed carbon dioxide for industrial uses including MIG welding and fire extinguisher applications among other products. The company strategy is keen on enhancing cost reduction and scaling up operating efficiency to improve the operating margins.The company stands out from competitors through the delivery of high quality products free of the alcohol base which is an essential requirement of a large segment of the market.

About Carbacid Investments Ltd.

Carbacid Investments Limited is an investment and holding company. The principal activities of the Company include mining and sale of carbon dioxide (CO2) gas, and investments. The Company operates through two segments: Trading and Investments. Its products and services include food grade CO2, industrial CO2, medical CO2, dry ice, and cylinder testing and validation. It produces food grade CO2 for the beverage and brewery industries. It supplies compressed carbon dioxide for industrial uses, including metal inert gas welding and fire extinguisher applications. Its services under cylinder maintenance and validation include internal cleaning and drying of cylinders, and external dry ice blasting and painting. The Company supplies its products to countries, including Kenya, Uganda, Tanzania, Rwanda, Burundi, Ethiopia, Zambia, Southern Sudan and Somaliland. Its subsidiaries include Carbacid (CO2) Limited, Goodison Twenty Nine Limited and Goodison Forty Seven Limited.

INDUSTRY

Chemical Manufacturing

CONTACT INFO

P O Box 764

00606

Kenya

https://carbacid.com

EXECUTIVE LEADERSHIP

Dennis N. O. Awori

Independent Non-Executive Chairman

N. P. Kothari

Group Secretary

Baloobhai Chhotabhai Patel

Non-Executive Director

Mukesh K. R. Shah

Non-Executive Director

James Maina Wanjigi

Non-Executive Director

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