Just look at the following report HAYC is No 3 position in the world ranking. With future demand and seeing at 1st players revenue, you could see the potential of HAYC.
[size=32]The Top 5 Global Activated Carbon Companies: Ranked by Revenue[/size]
Activated carbon is a processed form of carbon that can be derived from either wood or coconut shell charcoal. It is an adsorbent that finds its applications in water and air purification industries. Activated carbon's use in water treatment, gold recovery and teeth whitening has seen its demand grow over the years across numerous industry verticals.
Beroe has ranked the top activated carbon suppliers in ascending order of their revenue.
5. Shinkwang Chem. Ind. Co., Ltd.
Revenue: $1Mn (2018)
Shinkwang Chem was established in 1985 and operates out of South Korea. The atmospheric activated carbon by Shinkwang Chem. Ind. Co., Ltd. is used for air purification, organic solvent recovery, anti-gas mask, and other uses. Powdered activated carbon is used as a food additive, for medication, for sugar, and is useful in the maintenance industry. Granular activated carbon by Shinkwang are used for purification processes such as gas purification.
4. Indo German Carbon Limited
Revenue: $13Mn
Galfar Engineering and Contracting LLC. is the parent company of Indo German Carbon Limited or IGCL that was founded in 1972. Galfar is located in Oman. Galfar employs more than 15,000 people in Oman and India at present. IGCL is located in Kerala, India and has a production capacity of 6000 MTS. IGCL is a coconut shell activated carbon product supplier and provides a range of solutions. The applications of IGCL activated carbon include gas applications, air applications, liquid applications, and water applications.
3. HayCarb
Revenue: $123.33Mn (2019)
HayCarb was established in 1973 and it is one of the marketing subsidiaries of Hayleys Plc. It has manufacturing locations in Indonesia, Sri Lanka, and Thailand. HayCarb’s marketing subsidiaries include Australia, the USA, and the UK. HayCarb has a market share of more than 15% and its production of activated carbon is more than 50,000 metric tons.
HayCarb manufactures a range of activated carbon types used for energy storage, air treatment, food and beverage, water treatment, and gold recovery. Other uses include chemical processing, medical industry, and the automotive industry.
2. Kuraray Europe
Revenue: $1Bn (2019)
Kuraray was founded in June 1926 in Japan. Kuraray Co., Ltd was established in 1965 in Germany while Kuraray Europe was established in 1991 in Germany. Kuraray Europe employs over 10,000 people all over the world out of which 1000 people are employed in Europe. The company has offices in Europe, the Americas, and Asia.
Kuraray’s activated carbon products can be used in more than 700 applications including metal recovery, wastewater treatment facilities, capacitors and other applications geared towards environmental protection.
1. Oxbow Coal SARL
Revenue - $3.7Bn
Topping this list is Oxbow Coal with a revenue of $5 billion. Oxbow Corporation was formed by William I Koch in 1983. The company has facilities that are present in more than 45 countries across the globe. Oxbow is known for supplying natural gas, metallurgical coke, sulfur, coal, petroleum coke, and petroleum.
Oxbow’s products are used in various applications. They are used in steel and aluminum manufacturing processes by companies and they are used in home construction. Other applications of Oxbow products include water filtration system, air filters, power generation, food production, cement, and more.
https://www.beroeinc.com/blogs/top-5-gloobal-activated-carbon-companies-ranked-by-revenue/
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