Carbonxt Group Ltd. announced the imminent appointment of Dr. Imtiaz Kathawalla to the Board as a Non-Executive Director. Dr. Kathawalla's appointment materially strengthens the composition of the board, with extensive sector- related management experience that's directly applicable to the Company's development plans for its state-of-the-art activated carbon production facility in Kentucky, USA. As a Director, Dr. Kathawalla is well-placed to provide strategic advice to the board and management team in connection with the plant's development and future operations.

Previously, Dr. Kathawalla was a Vice-President at NYSE-listed Cabot Corporation, where he had a 27-year career. Dr. Kathawalla's most recent position with Cabot Corporation was as General Manager of Cabot's Purification Solutions Division. Dr. Kathawalla ran the group's USD 300 million global activated carbon business where he oversaw a material increase in EBITDA before managing the sale of the business to a large private equity group.

With demonstrated experience in the US activated carbon and water purification industries, Dr. Kathawalla is the ideal candidate to provide strategic advice at the Board level at what marks an exciting juncture for Carbonxt, with the forthcoming construction of the Kentucky facility in a joint venture with US partner Kentucky Carbon Processing, LLC.