Arq to spend $40,000,000.00 to expand into new space in Saint Rose Louisiana.
Saint Rose, Louisiana — According to state and local economic development sources Arq plans to invest $40,000,000.00 to build out new space in Saint Rose. The company plans to occupy the new space in Saint Rose, on or about October 1, 2021. According to the company website Arq separates pure hydrocarbons from mineral matter, transforming coal waste into Arq Fuel, a micro-fine powder used for blending into oil products. Arq Fuel behaves like oil without the costs of the oil industry. Arq is neither a mining nor an oil company; we take nothing out of the earth. We are an entech company, applying innovative thinking to unlock purified hydrocarbon from coal waste. We’re transforming a huge environmental liability into a low-cost and abundant commercial asset. Arq Fuels are a revolutionary source of energy for industry, power generation and transportation.
To learn more about Arq, visit http://www.arq.com/
Company Contact:
Julian McIntyre, Chief Executive Officer
859-469-6818
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