Carbacid (CO2) Limited is a leading producer of natural food-grade carbon dioxide in East Africa. The company extracts carbon dioxide gas from natural underground reservoirs which are purified on-site to produce natural, certified food grade (99.99% purity) for use in carbonated water, soft drinks and alcoholic beverages. The CO² is Halaal certified. Compressed carbon dioxide sold by Carbacid, is used by the industry sector for MIG welding and applications for fire extinguishers. Formerly a sub-division of BEA Sawmills Limited, the company was founded in 1975 through various mergers and acquisitions and was renamed Carbacid Investments Limited. It supplies major drinks bottlers and breweries in Kenya, Uganda, Tanzania, Ethiopia, Southern Sudan, Somalia, Malawi, Zambia, Rwanda and Burundi.

Financial Data source: Company’s Annual reports (Check investor relations on the Company’s website)

Company Description source: African Financials

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