CARBACID LIMITED
CARBACID INVESTMENTS LTD

Carbacid Investments Limited is an investment holding company invested in carbon dioxide gas production processing and marketing through its main operating subsidiary, Carbacid (CO2) Limited. Carbacid Investments Limited also has investments in property, in shares in other listed companies, investments in bonds and financial assets. The source of Carbon Dioxide in Kerita Forest was first discovered in 1933. It was not until 1957 that serious investigation into its nature when Kagwe Limited was established in 1958, in order to process the gas, and the first 150 Kg per hour high pressure plant was installed. The plant, located at the well head, commenced processing of Carbon dioxide into liquid and dry ice. This small scale production facility progressed satisfactorily for some time and in 1960, the first storage tank and road tanker were acquired The challenges associated with handling and distribution were addressed by adopting a bulk CO2 system. Business to the entire East African region had developed sufficiently by 1971 to justify the setting up of an office and distribution depot in Nairobi with a stock holding facility, cylinder filling unit and dry ice plant. In order to finance this expansion and the purchase of a larger production plant, the company changed its name to Carbacid (CO2) Ltd., and a parent company, Carbacid Investments Limited was floated on the Nairobi Stock Exchange. Business continued to develop rapidly necessitating the purchase of more storage tanks, road tankers and additional processing capacity By the late 1980s the Group began exporting to the neighbouring countries of Uganda and Tanzania.

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Nairobi Securities Exchange – NSE

 

MANUFACTURING & ALLIED INDUSTRY

COMPANY NAME

ISIN CODE

TICKER

MARKET CAP

KE0000000042

BOC

 

KE0000000075

BAT

 

KE0000000117

CARB

 

KE0000000216

EABL

 

KE4000001323

FTGH

 

KE0000000331

ORCH

 

KE0000000372

MSC

 

KE0000000497

UNGA

 
Reports

Financial Reports for Carbacid Investments Plc (CARB.ke)

Carbacid Investments Plc (CARB.ke) listed on the Nairobi Securities Exchange under the Industrial holding sector has released it’s  annual report.

For more information about Carbacid Investments Plc (CARB.ke) reports, abridged reports, interim earnings results and earnings presentations visit the Carbacid Investments Plc (CARB.ke) company page on AfricanFinancials.

Financial Report

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