Core Insights - HyOrc Corporation has changed its name and trading symbol to HYOR on OTC markets, reflecting its growth in the clean energy sector [1][6] - The company is advancing its flagship green methanol projects, with initial facilities planned in Scunthorpe, UK, and Porto, Portugal, each expected to produce up to 80 tons of green methanol per day [2][4] - HyOrc aims to establish methanol production hubs across Europe, projecting $1.8 billion in revenues over the next ten years [4] - The company is also developing a hydrogen locomotive program, targeting a multi-billion-dollar market opportunity with retrofit costs of approximately $2.5 million per unit [5] Company Developments - The transition to trading as HYOR signifies the company's momentum and expanding opportunities in green fuels and hydrogen mobility [6] - HyOrc is focused on decarbonizing hard-to-abate sectors without relying on subsidies, supported by a growing patent portfolio and ISO-certified operations [6] - The company has 737 million shares issued and outstanding, with 26.30 million shares at DTC [7]
HyOrc Corporation Announces Effective Market Name/Symbol Change; Advances Green Methanol Projects and Hydrogen Locomotive Program
Globenewswire·2025-08-22 14:29