HyOrc, Acetech Ink UK Green Methanol Deal, Projected to Generate $200 Million in Revenues
HyOrc Corporation (OTC: ASPZ) has signed a Memorandum of Understanding (MOU) with Acetech Metals Limited to develop a municipal waste-to-green methanol production facility in Scunthorpe, UK. The project will begin with a 35 TPD Municipal Waste: Refuse-Derived Fuel (RDF) gasification plant and methanol synthesis unit, with plans to scale up to 150 TPD.
The facility is expected to produce 12,000 metric tons of methanol annually over a 25-year plant life, with projected revenues of $200 million over the project's lifetime. The collaboration will be structured through a jointly owned UK-based Special Purpose Vehicle (SPV), with Acetech providing RDF supplies and industrial land, while HyOrc contributes proprietary gasification and methanol synthesis equipment.
HyOrc Corporation (OTC: ASPZ) ha firmato un Memorandum d'Intesa (MOU) con Acetech Metals Limited per sviluppare un impianto di produzione di metanolo verde da rifiuti municipali a Scunthorpe, Regno Unito. Il progetto inizierà con un impianto di gassificazione di rifiuti municipali: Combustibile Derivato da Rifiuti (RDF) da 35 TPD e un'unità di sintesi del metanolo, con l'obiettivo di espandersi fino a 150 TPD.
Si prevede che l'impianto produca 12.000 tonnellate metriche di metanolo all'anno durante una vita operativa di 25 anni, con ricavi stimati di 200 milioni di dollari nell'arco del progetto. La collaborazione sarà strutturata tramite una Società Veicolo Speciale (SPV) con sede nel Regno Unito, di proprietà congiunta, in cui Acetech fornirà le forniture di RDF e l'area industriale, mentre HyOrc contribuirà con le attrezzature proprietarie per la gassificazione e la sintesi del metanolo.
HyOrc Corporation (OTC: ASPZ) ha firmado un Memorando de Entendimiento (MOU) con Acetech Metals Limited para desarrollar una planta de producción de metanol verde a partir de residuos municipales en Scunthorpe, Reino Unido. El proyecto comenzará con una planta de gasificación de residuos municipales: Combustible Derivado de Residuos (RDF) de 35 TPD y una unidad de síntesis de metanol, con planes para ampliar hasta 150 TPD.
Se espera que la planta produzca 12,000 toneladas métricas de metanol anualmente durante una vida útil de 25 años, con ingresos proyectados de 200 millones de dólares a lo largo del proyecto. La colaboración se estructurará a través de un Vehículo de Propósito Especial (SPV) con sede en el Reino Unido y propiedad conjunta, donde Acetech proporcionará el suministro de RDF y el terreno industrial, mientras que HyOrc contribuirá con equipos propietarios para la gasificación y síntesis de metanol.
HyOrc Corporation (OTC: ASPZ)는 Acetech Metals Limited와 영국 스컨소프에 도시 폐기물을 활용한 친환경 메탄올 생산 시설을 개발하기 위한 양해각서(MOU)를 체결했습니다. 이 프로젝트는 35 TPD 규모의 도시 폐기물: 폐기물 유래 연료(RDF) 가스화 플랜트와 메탄올 합성 유닛으로 시작하며, 150 TPD까지 확장할 계획입니다.
이 시설은 25년 동안 연간 12,000톤의 메탄올을 생산할 것으로 예상되며, 프로젝트 기간 동안 2억 달러의 매출을 목표로 하고 있습니다. 협력은 영국에 공동 소유된 특수목적법인(SPV)을 통해 구조화되며, Acetech는 RDF 공급과 산업용 부지를 제공하고, HyOrc는 독자적인 가스화 및 메탄올 합성 장비를 기여합니다.
HyOrc Corporation (OTC : ASPZ) a signé un protocole d'accord (MOU) avec Acetech Metals Limited pour développer une installation de production de méthanol vert à partir de déchets municipaux à Scunthorpe, Royaume-Uni. Le projet débutera par une usine de gazéification de déchets municipaux : combustible dérivé de déchets (RDF) de 35 TPD et une unité de synthèse de méthanol, avec des plans d'extension à 150 TPD.
Cette installation devrait produire 12 000 tonnes métriques de méthanol par an sur une durée de vie de 25 ans, avec des revenus projetés à 200 millions de dollars sur la durée du projet. La collaboration sera structurée via un véhicule à but spécial (SPV) basé au Royaume-Uni et détenu conjointement, Acetech fournissant les approvisionnements en RDF et le terrain industriel, tandis que HyOrc apportera ses équipements propriétaires de gazéification et de synthèse de méthanol.
HyOrc Corporation (OTC: ASPZ) hat eine Absichtserklärung (MOU) mit Acetech Metals Limited unterzeichnet, um eine Anlage zur Produktion von grünem Methanol aus kommunalem Abfall in Scunthorpe, Großbritannien, zu entwickeln. Das Projekt beginnt mit einer 35 TPD Anlage zur Vergasung von kommunalem Abfall: Refuse-Derived Fuel (RDF) und einer Methanolsynthese-Einheit, mit Plänen zur Erweiterung auf 150 TPD.
Die Anlage soll über eine Betriebsdauer von 25 Jahren jährlich 12.000 metrische Tonnen Methanol produzieren, mit prognostizierten Einnahmen von 200 Millionen US-Dollar über die Projektlaufzeit. Die Zusammenarbeit wird durch ein gemeinsames britisches Special Purpose Vehicle (SPV) strukturiert, wobei Acetech RDF-Lieferungen und Industriegrundstücke bereitstellt, während HyOrc proprietäre Vergasungs- und Methanolsyntheseanlagen beisteuert.
- Projected revenue generation of $200 million over the project lifetime
- Significant production capacity of 12,000 metric tons of methanol annually
- Long-term project lifecycle of 25 years
- HyOrc retains ownership and licensing rights to proprietary technology
- Secured feedstock supply and industrial land through long-term agreement
- Initial small-scale deployment at 35 TPD before scaling to full capacity
- Project execution dependent on successful MOU conversion to definitive agreement
HOUSTON, June 30, 2025 (GLOBE NEWSWIRE) -- HyOrc Corporation (OTC: ASPZ), a leading developer of hydrogen combustion and waste-to-fuel technologies, today announced it has signed a Memorandum of Understanding (MOU) with Acetech Metals Limited to develop a municipal waste to green methanol production facility in Scunthorpe, United Kingdom.
Under the MOU, the parties have committed to deploy a 35 TPD (tons per day) Municipal Waste: Refuse-Derived Fuel (RDF) gasification plant combined with a methanol synthesis unit, with plans to scale up to a 150 TPD integrated facility converting RDF into syngas and subsequently into green methanol and clean electricity. Once fully operational, the project is expected to produce approximately 12,000 metric tons of methanol annually over a projected 25-year plant life.
Project Highlights: - Phase 1: Installation of a 35 TPD RDF gasification system and methanol synthesis unit, with on-site HyOrc engines generating electricity from syngas for facility operations. - Planned Scale-Up: Expansion to 150 TPD capacity, supporting the production of an estimated
“This collaboration with Acetech marks a major milestone in HyOrc’s mission to decarbonize hard-to-abate sectors using proven waste-to-fuel solutions,” said K. Reginald Fubara, CEO of HyOrc. “The project is the first of a series of waste to green methanol projects planned by HyOrc, as part of the rollout of our green fuels portfolio.”
About HyOrc Corporation
HyOrc Corporation (OTC: ASPZ) develops and commercializes advanced waste to methanol systems, and hydrogen combustion engines for rail, maritime, and distributed power. Backed by a growing patent portfolio and ISO-certified operations, HyOrc’s mission is to decarbonize hard-to-abate sectors without subsidy reliance.
HyOrc has 728.19 million shares issued and outstanding with 26.30 million shares at DTC.
About Acetech Metals Limited
Acetech Metals is a UK-based recycling and waste processing company committed to sustainable materials management and innovative clean energy projects.
Contact:
Laura Donohoe
Investor Relations
laura@hyorc.com
www.hyorc.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b03a86d3-0536-46ad-a036-31c81ec4e54a
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