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Charm Industrial Stock (CHID)

Charm Industrial is working to produce reliable, cost-competitive hydrogen from biomass.

About Charm Industrial Stock

Founded

2017

Headquarters

San Francisco, CA, US

Industries

Software, Artificial Intelligence, Data and Analytics

Humanity uses 65 million metric tons of hydrogen annually for ammonia production, hydrocracking, and other refinery processes. Nearly all of this hydrogen is produced from steam methane reformation, which is reasonably efficient but is responsible for ~1% of all global carbon dioxide emissions. This $130B market is expected to grow to $180B by 2023. Our approach to producing industrial hydrogen is unique, and allows us to deliver carbon-neutral hydrogen reliably and cost-effectively. To do this we've integrated a specially-chosen biomass crop, tightly coordinated farm operations, and a novel gasification system. Our engineering team is based in San Francisco, with operations in central Louisiana.

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