
COMPANY DESCRIPTION |
---|
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. |
Company contact info
Nairobi 00606
Kenya
Financial Reports
This content is locked
Login To Unlock The Content!
Industry peers
Nairobi Securities Exchange – NSE MANUFACTURING & ALLIED INDUSTRY | |||
COMPANY NAME | ISIN CODE | TICKER | MARKET CAP |
B.O.C Kenya Plc | KE0000000042 | BOC | |
British American Tobacco Kenya Plc | KE0000000075 | BAT | |
Carbacid Investments Ltd | KE0000000117 | CARB | |
East African Breweries Ltd | KE0000000216 | EABL | |
Flame Tree Group Holdings Ltd | KE4000001323 | FTGH | |
Mumias Sugar Co. Ltd | KE0000000372 | MSC | |
Unga Group Ltd | KE0000000497 | UNGA |
Company News
- Carbacid Investments Plc (CARB.ke) HY2023 Interim Report - AfricanFinancials
Carbacid Investments Plc (CARB.ke) HY2023 Interim Report  AfricanFinancials
- Baloobhai buys Sh181m extra stake in Co-op Bank - Business Daily
Baloobhai buys Sh181m extra stake in Co-op Bank  Business Daily
- Centum Investment Company Limited (CENT.ug) 2022 Abridged ... - AfricanFinancials
Centum Investment Company Limited (CENT.ug) 2022 Abridged ...  AfricanFinancials
- Carbacid regional sales lift earnings to hit Sh411m - Business Daily
Carbacid regional sales lift earnings to hit Sh411m  Business Daily
- Richest Men In Kenya And Their Networth 2023: Top 15 Wealthiest - Bscholarly
Richest Men In Kenya And Their Networth 2023: Top 15 Wealthiest  Bscholarly
- Kenya: Pension funds fail to beat inflation during 2022 - african markets
Kenya: Pension funds fail to beat inflation during 2022Â Â african markets
Social media feed
WEBSITE :Â CARBACID