Arq Inc - Company Profile
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Arq Inc (Arq), formerly known as Advanced Emissions Solutions Inc, is a provider of emissions control and water purification technologies. The company offers activated carbon injection systems, dry sorbent injection systems, and mixer technology to reduce SO2, SO3, NOx, HC1, particulates, acid gases, mercury, and sorbent consumption. It also offers consulting services to electric power generators, the electric utility industry, and various others in planning and implementing strategies to meet government emission standards. The company provides fuel gas conditioning and coal treatment technology under the brands RESPond and M-Prove. The company through its holding entities ADA-ES, Inc. serves customers in power generation and other industries. The company through Tinuum Group, LLC provides patented CyClean technology to enhance combustion and reduce emissions of NOx and mercury from coals in cyclone boilers. Arq is headquartered in Highlands Ranch, Colorado, the US.
Headquarters
United States of America
Address
8051 E. Maplewood Ave., Ste 210, Greenwood Village, Colorado, 80111
Website
www.arq.com
Telephone
1 720 5983500
No of Employees
147
Industry
Chemicals
Ticker Symbol & Exchange
ARQ (NASD)
Revenue (2022)
$103.0M
2.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-114.8%
(2022 vs 2021)
Market Cap*
$228.7M
Net Profit Margin (2022)
XYZ
-114.4%
(2022 vs 2021)
* As of and is in US$
Arq Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Flue Gas Conditioning Technology | Consulting | ADA |
| Coal Additives | PowerPAC WS | |
| Dry Sorbent Injection Systems | PowerPAC Premium | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Plans/Strategy | In January, the company announced its plans to rebrand as Arq, Inc. |
| 2023 | Divestiture | In March, the company completed the sale of Marshall Mine to Caddo Creek Resource Company. |
| 2023 | Acquisitions/Mergers/Takeovers | In February, the company completed the acquisition of Arq Limited. |
Competitor Comparison
| Key Parameters | Arq Inc | Ecolab Inc | Kuraray Co Ltd | Midwest Energy Emissions Corp. | Chem-Mod LLC |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | Japan | United States of America | |
| City | Greenwood Village | Saint Paul | Chiyoda-Ku | Corsicana | - |
| State/Province | Colorado | Minnesota | Tokyo | Texas | - |
| No. of Employees | 147 | 47,000 | 11,703 | 11 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| L. Spencer Wells | Chairman | Executive Board | 2014 | 52 |
| Greg P. Marken | President; Treasurer; Chief Executive Officer | Senior Management | 2020 | 41 |
| Jeremy Williamson | Chief Operating Officer | Senior Management | 2023 | - |
| Morgan Fields | Chief Accounting Officer | Senior Management | 2021 | 42 |
| Joe M. Wong | Chief Technology Officer | Senior Management | 2018 | 62 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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