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Powerhouse Energy Group

294 Posts
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  1. forum rang 7 nine_inch_nerd 31 januari 2022 11:32
    Edit:
    Powerhouse Energy Group plc
    ("Powerhouse" or the "Company")
    31 January 2022
    Appointment of Chief Executive Officer


    Powerhouse Energy Group plc (AIM: PHE), the UK technology company commercialising hydrogen production from plastic, is delighted to announce that that it has appointed Paul Drennan-Durose as its Chief Executive Officer.

    Paul has many years of Board level experience in complex new technology, distribution, engineering services, and manufacturing companies. He has led businesses on an international scale and has extensive experience in a range of sectors, including cleantech energy, oil & gas, waste to energy, process manufacturing, marine, and the auto industry. Paul brings significant and diverse commercial, strategic, tactical and transformation experience to Powerhouse.

    Paul will join Powerhouse on 14 February 2022, having spent over three years as the investor appointed Chief Executive Officer of Heliex Power Limited, a private equity backed cleantech energy business. Whilst there, he led the transformation of the start-up new technology company, leading the roll-out of its technical and commercial market recovery.

    On being appointed Chief Executive Officer of Powerhouse, Paul Drennan-Durose said: “I am excited to be joining Powerhouse as we aim to become a global leader in technology solutions that will help the world transition to clean energy, as well as help to remove plastic from environments worldwide. It is set to be an exciting and busy year for Powerhouse which I look forward to leading, especially the build of the first facility at Protos.”

    James Greenstreet, Chairman of Powerhouse, said: “Paul is a valuable addition to the Powerhouse Board and will bring his expertise in driving strategy, investment and delivery. Growing Powerhouse internationally with the roll-out of our clean energy technology is a key priority for Paul and will help ensure that Powerhouse will be part of the solution to tackling the world’s waste problem.”

    Further regulatory disclosures:

    Other than as disclosed below, there are no further disclosures to be made in accordance with AIM Rule 17 and paragraph (g) of Schedule Two of the AIM Rules for Companies:

    Full Name: Paul Drennan-Durose

    Age: 53

    Paul Drennan-Durose is, or has during the last five years been, a director or partner of the following companies and partnerships:

    Current Directorships:

    N/A

    Past Directorships:

    Heliex Power Limited

    Poole Process Equipment Ltd

    Paul Drennan-Durose does not hold any ordinary shares in the Company.

    -ENDS-
  2. forum rang 7 nine_inch_nerd 4 februari 2022 08:53
    Aandeel is down, maar er is zeer veel activiteit bij HUI en Powerhouse. De basis wordt gelegd voor een goed lopend bedrijf met veel bouwplannen en uitbreidingen.

    polaris.brighterir.com/public/powerho...

    RNS (AIM: #PHE) POWERHOUSE ENERGY GROUP PLC: Directorate Changes
    Powerhouse Energy Group plc

    ("Powerhouse" or the "Company")

    4 February 2022

    Board appointments

    Powerhouse Energy Group plc (AIM: PHE), the UK technology company commercialising hydrogen production from plastic, is pleased to announce that that it has appointed Russell Ward and Hugh McAlister as Non-Executive Directors with immediate effect.

    Russell Ward has many years’ experience at board level across a range of sectors including power and energy, oil and gas, materials handling and processing, infrastructure and rail, and electronics and military systems and has a strong record of performance turnaround and business expansion. His skills include operational leadership and strategic development and he has strong relationships with private equity and other investors.

    Russell was the chief executive office of Motherwell Bridge Limited, a global engineering group where he led the turnaround of the business, selling it to Cape Plc in 2014 where he then became Managing Director, forming and leading Cape’s global specialist service group for 3 years. He then undertook as CEO the turnaround and sale of Aspin Group in 2018 for its private equity owner. He was the chairman at Heliex Power Ltd, a company creating cleantech energy from waste heat and steam, until 2021. His current roles include chairman of Nucore Group Limited, a provider of HVAC and safety critical integrated solutions, chairman of Shorterm Group Ltd which is a specialist technical engineering recruitment firm, and chairman of Advanced Innergy Group Ltd, a global leader in fire and insulation products.

    On joining the Board of Powerhouse Russell Ward said: “I’m delighted to be joining Powerhouse Energy and hope to bring my expertise to the board as the Company develops its pioneering technology. I look forward to working with the team to help deliver the UK’s first facility at Protos and see its technology rolled out internationally.”

    With over 40 years’ stockbroking experience in the City, Hugh McAlister has been the executive chairman of Novum Securities Limited since 2018, having been its Chief Executive Officer for the previous nine years. Prior to this, Hugh was a founding partner and head of trading a Kaupthing Singer & Friedlander Capital Markets and Head of Pan European Equities at Dresdner Kleinwort Benson.

    On joining the Board of Powerhouse Hugh McAlister said: “I am pleased to have joined Powerhouse at an exciting time for the company as its technology aims to help the world transition to clean energy, whilst providing a solution to end-of-life plastic. I look forward to working with the board and management team to deliver the UK’s first facility at Protos and see Powerhouse technology rolled out globally”.

    James Greenstreet said: “We welcome the appointment of Russell whose experience within the power and energy sectors will help support Powerhouse in its ambition to become a global leader in technology solutions that transform plastics and waste into clean energy. We also welcome Hugh, whose appointment strengthens the Powerhouse board in what is an exciting time for the Company. We are delighted Hugh and Russell will be supporting the board and management team as we aim for the global rollout of this first of a kind technology and see the delivery of the UK’s first facility at Protos.”

    Further regulatory disclosures:

    Other than as disclosed below, there are no further disclosures to be made in accordance with AIM Rule 17 and paragraph (g) of Schedule Two of the AIM Rules for Companies:

    Full Name: Russell Ward

    Age: 60

    Russell Ward is, or has during the last five years been, a director or partner of the following companies and partnerships:

    Current Directorships:

    Shorterm Group Ltd

    Nucore Group Ltd

    Nucore Group Holdings Ltd

    Advanced Innergy Holdings Ltd

    Oteac Limited

    Grouse Topco Limited

    Advanced Innergy Holdings Ltd

    Advanced Innergy EBT Ltd

    RW Industrial Services Limited

    Past Directorships:

    Heliex Power Ltd

    Aspin Group Limited

    Aspin Rail Limited

    Aspin Consulting Limited

    Aspin Construction Group Limited

    Aspin Plant Limited

    Aspin Underpinning Limited

    Aspin Agreements Ltd

    McGrattan Piling and Supplies Limited

    Rogers Structural Investigations Limited

    FMGH1 Limited

    Castlegate Nexus Ltd

    Formaplex Group Ltd

    Cape Plc

    Russell Ward does not hold any ordinary shares in the Company.

    Full Name: Hugh Michael Grant McAlister

    Age: 61

    Hugh McAlister is, or has during the last five years been, a director or partner of the following companies and partnerships:

    Current Directorships:

    Novum Securities Limited

    Novum Private Clients Limited

    Hyde Park Holdings Limited

    Rienplus Limited

    Past Directorships:

    Novum Nominees Limited

    Hugh McAlister does not hold any ordinary shares in the Company.

    -ENDS-
  3. forum rang 7 nine_inch_nerd 4 februari 2022 17:31
    Toevoegingen

    POWERHOUSE ENERGY GROUP PLC - Directorate Changes
    Powerhouse Energy Group plc


    ("Powerhouse" or the "Company")

    4 February 2022

    Board appointments

    Powerhouse Energy Group plc (AIM: PHE), the UK technology company commercialising hydrogen production from plastic, is pleased to announce that that it has appointed Russell Ward and Hugh McAlister as Non-Executive Directors with immediate effect.

    Russell Ward has many years’ experience at board level across a range of sectors including power and energy, oil and gas, materials handling and processing, infrastructure and rail, and electronics and military systems and has a strong record of performance turnaround and business expansion. His skills include operational leadership and strategic development and he has strong relationships with private equity and other investors.

    Russell was the chief executive office of Motherwell Bridge Limited, a global engineering group where he led the turnaround of the business, selling it to Cape Plc in 2014 where he then became Managing Director, forming and leading Cape’s global specialist service group for 3 years. He then undertook as CEO the turnaround and sale of Aspin Group in 2018 for its private equity owner. He was the chairman at Heliex Power Ltd, a company creating cleantech energy from waste heat and steam, until 2021. His current roles include chairman of Nucore Group Limited, a provider of HVAC and safety critical integrated solutions, chairman of Shorterm Group Ltd which is a specialist technical engineering recruitment firm, and chairman of Advanced Innergy Group Ltd, a global leader in fire and insulation products.

    On joining the Board of Powerhouse Russell Ward said: “I’m delighted to be joining Powerhouse Energy and hope to bring my expertise to the board as the Company develops its pioneering technology. I look forward to working with the team to help deliver the UK’s first facility at Protos and see its technology rolled out internationally.”

    With over 40 years’ stockbroking experience in the City, Hugh McAlister has been the executive chairman of Novum Securities Limited since 2018, having been its Chief Executive Officer for the previous nine years. Prior to this, Hugh was a founding partner and head of trading a Kaupthing Singer & Friedlander Capital Markets and Head of Pan European Equities at Dresdner Kleinwort Benson.

    On joining the Board of Powerhouse Hugh McAlister said: “I am pleased to have joined Powerhouse at an exciting time for the company as its technology aims to help the world transition to clean energy, whilst providing a solution to end-of-life plastic. I look forward to working with the board and management team to deliver the UK’s first facility at Protos and see Powerhouse technology rolled out globally”.

    James Greenstreet said: “We welcome the appointment of Russell whose experience within the power and energy sectors will help support Powerhouse in its ambition to become a global leader in technology solutions that transform plastics and waste into clean energy. We also welcome Hugh, whose appointment strengthens the Powerhouse board in what is an exciting time for the Company. We are delighted Hugh and Russell will be supporting the board and management team as we aim for the global rollout of this first of a kind technology and see the delivery of the UK’s first facility at Protos.”

    Further regulatory disclosures:

    Other than as disclosed below, there are no further disclosures to be made in accordance with AIM Rule 17 and paragraph (g) of Schedule Two of the AIM Rules for Companies:

    Full Name: Russell Ward

    Age: 60

    Russell Ward is, or has during the last five years been, a director or partner of the following companies and partnerships:

    Current Directorships:

    Shorterm Group Ltd

    Nucore Group Ltd

    Nucore Group Holdings Ltd

    Advanced Innergy Holdings Ltd

    Oteac Limited

    Grouse Topco Limited

    Advanced Innergy Holdings Ltd

    Advanced Innergy EBT Ltd

    RW Industrial Services Limited

    Past Directorships:

    Heliex Power Ltd

    Aspin Group Limited

    Aspin Rail Limited

    Aspin Consulting Limited

    Aspin Construction Group Limited

    Aspin Plant Limited

    Aspin Underpinning Limited

    Aspin Agreements Ltd

    McGrattan Piling and Supplies Limited

    Rogers Structural Investigations Limited

    FMGH1 Limited

    Castlegate Nexus Ltd

    Formaplex Group Ltd

    Cape Plc

    Russell Ward does not hold any ordinary shares in the Company.

    Full Name: Hugh Michael Grant McAlister

    Age: 61

    Hugh McAlister is, or has during the last five years been, a director or partner of the following companies and partnerships:

    Current Directorships:

    Novum Securities Limited

    Novum Private Clients Limited

    Hyde Park Holdings Limited

    Rienplus Limited

    Past Directorships:

    Novum Nominees Limited

    Hugh McAlister does not hold any ordinary shares in the Company.

    -ENDS-

  4. forum rang 7 nine_inch_nerd 10 februari 2022 18:51
    HUI: Hydrogen specialist plans second thermal chemical recycling plant in Poland | Plasteurope.com
    HUI

    Hydrogen specialist plans second thermal chemical recycling plant in Poland

    Hydropolis United, the Polish wholly owned subsidiary of UK technology company Hydrogen Utopia International (HUI, London; www.hydrogenutopia.eu) has signed a letter of intent to develop a waste plastics-to-hydrogen plant with Polish waste management group Regionalny Zaklad Zagospodarowania Odpadow (RZZO, Ostrow Wielkopolski; www.rzzo.com.pl).

    Under the agreement, and subject to final contract, RZZO will provide land in Ostrow Wielkopolski, Poland, as well as plastics feedstock for the new plant, which is to have capacity to process up to 40 t of waste per day and a daily output of 2 to 3 t of hydrogen, as well as electricity and heat.

    The facility is to be based on Distributed Modular Gasification (DMG) thermal recycling technology licensed from Powerhouse Energy Group (PHE, Bingley, UK; www.powerhouseenergy.co.uk). Plants using the process can be bolted on to existing waste remediation facilities (see also Plasteurope.com of 04.09.2019).

    HUI has exclusive rights to market the DMG technology in Poland, Hungary and Greece, and non-exclusive rights for the rest of the world.

    RZZO said it will assist in procuring funds for the plant from the EU, national, local and private sources, as well as finding offtake partners for the hydrogen and energy produced by the plant. The heat energy will likely be fed into a district system.

    To rollout a series of plants, HUI has formed alliances with industrial gases group Linde (London; www.linde.com), architecture and engineering consultancy Sweco (Stockholm; www.swecogroup.com), and Dutch heat treatment system provider Electron Thermal Processing (Nijkerk, www.glaesum.nl/en/electron).

    HUI also has another waste plastics to hydrogen project planned in Poland: Sweco has already submitted an engineering impact assessment for the plant in Konin, and HUI said the scheme is likely to be approved within a year.
    Published on 08.02.2022
  5. forum rang 7 nine_inch_nerd 28 februari 2022 08:30
    Powerhouse Energy Group plc

    ("Powerhouse Energy" or the "Company")

    28 February 2022

    Extension of SPV Loan Facility

    Powerhouse Energy Group plc is the UK headquartered technology company commercialising hydrogen production from non-recyclable plastic waste. The company has an update on the loan facility it provided to Protos Plastics to Hydrogen No. 1 Limited, the special purpose vehicle (“SPV”) established by the Company’s partner, Peel NRE, to develop the plant at the Protos site (the “Loan Facility”).

    Further to the announcement issued on 1 November 2021, the Company has agreed to extend the availability period for the Loan Facility to the SPV until 31 August 2022. As a result of progression made by the SPV, Peel NRE and Powerhouse Energy, the loan has been extended to support the expected timeframes for negotiation and completion of contractual arrangements by the SPV, required for the commencement of the first build at Protos, in the UK.

    Upon taking the helm, Powerhouse Energy’s new leadership has been quick in engaging with Peel NRE, and this has secured a mature open culture, and focused level of engagement.

    The Company’s priority remains to ensure the first hydrogen facility using its DMG technology, based at its UK partner Peel NRE’s Protos site, becomes operational during 2023.

    -ENDS-

    For more information, contact:

    Powerhouse Energy Group plc Tel: +44 (0) 203 368 6399

    James Greenstreet, Non-Executive Chairman

    WH Ireland Limited (Nominated Adviser) Tel: +44 (0) 207 220 1666

    James Joyce / Megan Liddell

    Turner Pope Investments (TPI) Ltd (Joint Broker) Tel: +44 (0) 203 657 0050

    Andrew Thacker / James Pope

    SisterSmith PR (media enquiries)
    Becca Smith Mob: +44 (0) 7766522305

    Notes to Editors:

    About Powerhouse Energy Group plc

    Powerhouse Energy has developed a proprietary process technology - DMG® - which can utilise waste plastic, end-of-life-tyres, and other waste streams to convert them efficiently and economically into syngas from which valuable products such as chemical precursors, hydrogen, electricity and other industrial products may be derived. Powerhouse’s technology is one of the world's first proven, distributed, modular, hydrogen from waste process.

    Powerhouse’s process produces low levels of safe residues and requires a small operating footprint, making it suitable for deployment at enterprise and community level. As announced on 11th February 2020 under its Supplemental Agreement with Peel Environmental, Powerhouse will receive an annual license fee of £500,000 in respect of each project which is commissioned.

    Powerhouse is quoted on the London Stock Exchange's AIM Market under the ticker: PHE and is incorporated in the United Kingdom.

  6. forum rang 7 nine_inch_nerd 6 maart 2022 09:43
    Zoals ooit gezegd, Ways2H is concurrent van PHE. Misschien geldt wel: "hoe meer gegadigden hoe beter"

    Japanese collaboration to produce clean hydrogen from plastic waste

    Toyota, Iwatani and JGC have agreed to work together to use the garbage as a new source of H2.

    Toyota, Iwatani and JGC have announced that they will be collaborating on a new source of clean hydrogen as Japan continues to push forward toward an H2 economy.

    The three major Japanese corporations will use household and industrial plastic waste for H2 production.

    Automaker Toyota, industrial gas giant Iwatani and JGC Holdings engineer are collaborating to produce clean hydrogen by using household and industrial plastic. They intend to begin production by 2025, according to a Nikkei report.

    Waste-to-energy H2 production is a relatively new sector but is a rapidly growing one. Start-ups worldwide have been focusing on this type of strategy, particularly in regions where resources are limited. California’s SGH2 and Ways2H are among the most well recognized start-ups in this sector at the moment.

    That said, with major corporations diving into this area in Japan, it is certainly notable hydrogen fuel news. Should these companies be successful, it could prove to be highly beneficial to Japan’s decarbonization efforts. As the country’s land and fossil fuel resources are slim at best, an H2 economy holds considerable promise, even as it would be required to import the majority of the fuel.

    Clean hydrogen - plastic waste

    According to Ways2H, clean hydrogen production using waste is cheaper than using renewables.

    As Japan’s land resources for installing solar or wind farms are limited this could mean that using plastic waste – something it has in abundance – could help to correct two major challenges. In fact, Japan has been struggling to deal with its massive plastic waste problem. Every year, it produces 9.4 million tons of it. Each Japanese citizen produced an average of 37 kilograms of single-use plastic waste in 2019.

    Almost none of the country’s plastic waste is recycled domestically. Currently, 67 percent of it is incinerated and 12 percent of it is exported. Those practices contribute 13 million tons of CO2 equivalent into the atmosphere every year. Another 8 percent of that waste goes straight into landfills.

    The Japanese corporations would make clean hydrogen by using that collected plastic waste, pulverize it, then low-temperature and high-temperature burn it in gasification furnaces for synthetic gas (syngas) production containing carbon monoxide and hydrogen. From there, water vapor would be added to boost the H2 concentration, which would then be removed with an adsorber.
  7. forum rang 7 nine_inch_nerd 31 maart 2022 14:07
    Laten we maar de moed erin houden.
    "geduld is hier een schone kunst"

    This afternoon our Business Development Executive, Richard Hodgkinson, will be speaking at the Hydrogen Expo, talking about how our tech turns waste to hydrogen.
    Lookout for the recording over the coming days.
  8. forum rang 7 nine_inch_nerd 4 april 2022 15:42
    HUI to enhance Electron’s chemical conversion chamber design and integration

    Hydrogen Utopia International PLC (the 'Company' or ‘HUI’)

    Hydrogen Utopia International LC (AQSE:HUI), a company pioneering non-recyclable waste plastics to hydrogen technology, in May 2021 commissioned Electron Thermal Processing B.V. (“Electron”) to design a chemical conversion chamber which will comprise the heart of an HUI waste plastic to hydrogen facility. HUI has recently tasked Linde Engineering to provide engineering guidance and advice by assessing the interfacing of the kiln and synthesis gas designs. Where necessary or desirable, improvements will be suggested to enhance the potential performance, longevity and/or integration of a complete HUI waste plastic to hydrogen facility. Furthermore, Linde Engineering will help facilitate the fabrication and commissioning of a fully integrated HUI waste plastic to hydrogen plant.

    Keith Riley, Technical Director of HUI, commented:

    “This collaboration is essential for finalisation of the chemical conversion chamber design and its integration within the overall HUI waste plastic to hydrogen facility. It provides us with a high level of engineering comfort on the whole project.”

    Aleksandra Binkowska, CEO of HUI, commented:

    “We are delighted that Linde Engineering continues to advise the team - enabling us to install a fully optimised and integrated HUI facility as rapidly and smoothly as possible.”


  9. forum rang 7 nine_inch_nerd 26 april 2022 10:51
    Proposed HUI waste plastic to hydrogen facility in Ireland and investment in complementary waste plastic to wax business
    Hydrogen Utopia International
    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, OR SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.


    Hydrogen Utopia International PLC (the 'Company' or ‘HUI’)

    Hydrogen Utopia International PLC (AQSE:HUI), a company pioneering non-recyclable waste plastics to hydrogen technology, is pleased to announce that it has reached an agreement (the “Agreement”) with Trifol Resources Limited (“TRL”) in the Republic of Ireland which it anticipates will lead to its first operational full scale waste plastic to hydrogen facility in Europe. The Agreement encompasses a suitable sitein an EU Just Transition Fund region, potential access to an investment grade plastic feedstock supplier and the potential to agree offtake for the facility’s anticipated hydrogen and syngas outputs with a substantial customer whose covenant would be regarded as of a very high quality.

    As part of the Agreement, HUI will invest €500,000 in TRL, a company in Co. Tipperary, Ireland in the Irish Midlands, with patented waste plastic to wax technologies that process plastic feedstock using an innovative pyrolysis process under low pressure to transform post-consumer plastic into high grade new slack wax and a fuel. The wax can be used in various applications such as rust proofing, moisture proofing, polishes and emulsions and is used around the world. HUI’s hydrogen production process uses pyrolysis of plastics and the parties believe that the investment offers potential synergies and opportunities for both companies.

    TRL occupies a site in Co. Tipperary, Ireland comprising approximately 2.64 hectares (c.6.5 acres) which is held on a long lease, with an option for the tenant to acquire the freehold. The site was a former railway locomotive repair shop and therefore has the necessary utilities, including a potential 3MW power supply, to get a facility operating with the minimum of delay. It is also sufficiently large to accommodate both an HUI waste plastic to hydrogen facility and the operation of TRL’s business. TRL’s landlord has formally agreed that it would consent to the grant of a sub-lease of the site to HUI. The site has planning permission for TRL’s plastic to wax pyrolysis business. HUI will apply for any necessary regulatory permissions required for its facility.

    HUI and TRL have had extensive discussions regarding the site, the proposed HUI facility and TRL’s business, including discussions with TRL’s landlord. TRL, and its founder, Pat Alley, in particular, has connections in the waste industry in Ireland. As a consequence, HUI has had preliminary meetings with a potential investment grade waste plastic supplier that could provide all of the feedstock necessary to run an HUI facility and a potential substantial customer that could utilise the facility’s anticipated hydrogen and syngas output and whose covenant would be regarded as of a very high quality. HUI anticipates that this could lead to long term supply and offtake agreements at a suitable juncture.

    Pursuant to the Agreement, HUI has agreed to subscribe €500,000 for new shares in TRL which will give it a minimum equity stake of 3.33% in TRL on a fully diluted basis and a seat on TRL’s board. HUI and TRL have each committed to use their best endeavours to negotiate and enter into a full development and collaboration agreement (“DCA”) within the next 90 days, subject to TRL having procured all consents necessary for it to enter into the DCA on terms acceptable to HUI. The DCA will provide a detailed framework for developing both the HUI waste plastic to hydrogen facility and TRL’s wax business, the grant of a license, sub-lease of the site or other appropriate use agreement acceptable to HUI, or a special purpose vehicle set up to own the HUI facility, with step-in rights to TRL’s lease and the right to acquire the freehold. The Agreement also provides for HUI to provide TRL with further funding in the form of equity and a secured loan facility.

    HUI is in discussions with a third party in relation to a joint venture to build the HUI facility in Ireland. It has also had indications of funding support for the shorter term funds likely to be required to move the project in Ireland forward.

    Aleksandra Binkowska, CEO of HUI, commented:

    “My biggest ambition was to expand our plastic waste to hydrogen technology to as many European markets as possible, with the additional goal of delivering our first facility in the shortest possible time. Partnership with TrifolResources in Ireland is an ideal stepping stone in turning this ambition and that goal into a reality. Trifol’s motto ‘Giving Old Plastic A New Future’ and its ethos certainly chimes with Hydrogen Utopia’s own aims.”

    Pat Alley, Chairman and Founder of Trifol ResourcesLimited, commented:

    “HUI’s investment is the initial part of a planned investment programme for the re-commissioning of Trifol’s plant at our newly established facility at Lanespark, Littleton, Co.Tipperary and the establishment of a centre of excellence for the global outreach of our patented technologies”.

    For further information please contact:

    Hydrogen Utopia International PLC

    Aleksandra Binkowska/Guy Peters
    +44 20 3811 8770

    Alfred Henry Corporate Finance Limited (AQSE Corporate Adviser)

    Jon Isaacs
    +44 20 3772 0021

    Novum Securities Limited (Broker)

    Jon Belliss/Colin Rowbury
    +44 20 7399 9400

    About Hydrogen Utopia International PLC

    HUI aims to become one of the leading new European companies specialising in turning non-recyclable mixed waste plastic into carbon-free fuels, new materials or distributed renewable heat.

    A HUI facility uses non-recyclable mixed waste plastic as feedstock and turns it into syngas from which new products and energy can be produced. HUI anticipates that its revenues will be derived from a variety of sources, dependent upon location and configuration of the HUI facilities, including the sale of syngas, hydrogen and other gases, electricity and heat sales, and the payment to it of fees for a given quantity of non-recyclable mixed waste plastic received at a HUI facility .

    HUI will target areas where there is significant private sector interest or potential, financial backing is accessible and or where substantial EU and/or government funded sources of grants and loans are or may be available. The global increase in fossil fuel-based energy prices reinforces the need for alternative, price competitive energy sources, which HUI's business model can provide.

    HUI's initial strategic focus is to work closely with Powerhouse Energy Group plc to create a project pipeline of HUI facilities.

    The pressing need to deal with growing amounts of waste plastic combined with a real momentum in the use of hydrogen from renewable sources may pave the way for a rapid deployment of and investment in HUI facilities.
  10. forum rang 7 nine_inch_nerd 3 mei 2022 13:21
    quote:

    H@lf-one schreef op 3 mei 2022 12:24:

    Pff, weet niet goed wat ik hiermee moet. We blijven maar zakken. Ondertussen veel te laat om te verkopen, dus ik laat ze maar staan, maar veel goeds zie ik hier niet verschijnen;
    Ja, begrijp het helemaal.
    Om eerlijk te zijn, ben ik vorige week eruit gestapt (verlies genomen) en het resterende bedrag geïnvesteerd in Sayona Mining Ltd (SYA).
    Idem voor SunHydrogen (HYSR). Hoop hiermee de verliezen in bepaalde mate te compenseren. Af en toe moet je zo'n besluiten nemen.
    Blijf ze beiden volgen maar ik denk dat we moeten wachten tot er vooruitzichten zijn vwb productie.
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