Carbacid Investments plc, is a manufacturing and investment company in Kenya, the largest economy in the East African Community. The company manufactures and markets carbon dioxide gas for Food processing, industrial use and medical use as well as dry ice. It also tests and validates gas cylinders.
Carbacid Investments currently has a market share of above 65% in the regional carbon dioxide market. The shares of the company’s stock are listed on the Nairobi Securities Exchange (NSE), where they trade under the symbol CARB.
Carbacid Investments traces its roots to BEA Sawmills Limited, a company that was first to extract carbon dioxide from a natural underground reservoir in Kereita Forest in Kenya in 1933.Carbacid was officially incorporated in 1961 and listed at the NSE in 1972.
Carbacid Investments is mainly involved in the mining, purification and distribution of carbon dioxide gas to soft drink manufacturers and to beer bottlers. The company also makes medical CO2 for use in hospitals and other medical facilities and laboratories including universities. Other products manufactured by Carbacid include dry ice, which is used in the preservation of cold temperatures when shipping sensitive biological and chemical material. Carbacid’s distribution network extends across the whole of East Africa, serving customers in Kenya, Uganda, Tanzania, Rwanda, Burundi, Ethiopia, Eastern DRC, Zambia, South Sudan and Somalia

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