secwatch.observer — SEC 8-K summary
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Issuer:     Arq, Inc. (ARQ)
CIK:        0001515156
Form:       8-K
Filed at:   2024-01-24T23:59:59+00:00
Accession:  0001515156-24-000005
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ADES signs GAC expansion contract; cost $45-50M, completion Q4 2024
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- Contract with Wieland-Davco on cost-plus basis; total construction and equipment cost estimated at $45-50M, up 20% from prior guidance.
- Mobilization underway; mechanical completion anticipated by Q4 2024; facility will add 25M lbs of granular activated carbon capacity.
- Corbin facility on track and within budget; commissioning activities begin March 2024.
- CEO expects to sign sales contracts for the 25M lb expansion well before Q4 2024 completion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1515156/000151515624000005/0001515156-24-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1515156/000151515624000005/ades-20240119.htm
  HTML page:      https://secwatch.observer/filing/0001515156-24-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer