HyOrc, Acetech Ink UK Green Methanol Deal, Projected to Generate $200 Million in Revenues

Core Insights - HyOrc Corporation has signed a Memorandum of Understanding (MOU) with Acetech Metals Limited to develop a municipal waste to green methanol production facility in Scunthorpe, UK [1][4] Project Overview - The project will deploy a 35 tons per day (TPD) 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 [2][3] - Once fully operational, the facility is expected to produce approximately 12,000 metric tons of methanol annually over a projected 25-year lifespan [2] Financial and Operational Highlights - The planned scale-up to 150 TPD capacity is expected to support the production of an estimated $200 million of green methanol over the project's lifetime [3] - Acetech will arrange RDF supplies and provide the necessary industrial land under a long-term agreement [3] - HyOrc will deliver proprietary gasification and methanol synthesis equipment, retaining ownership and licensing rights [3] Strategic Importance - This collaboration is a significant milestone in HyOrc's mission to decarbonize hard-to-abate sectors using waste-to-fuel solutions [4] - The project is the first of a series of waste to green methanol projects planned by HyOrc as part of its green fuels portfolio rollout [4] Company Background - HyOrc Corporation develops and commercializes advanced waste to methanol systems and hydrogen combustion engines for various sectors [6] - The company is backed by a growing patent portfolio and ISO-certified operations, aiming to decarbonize sectors without relying on subsidies [6] - Acetech Metals Limited is a UK-based recycling and waste processing company focused on sustainable materials management and clean energy projects [7]