HyOrc Corporation Announces Plans for Global Rollout of Methanol Projects, Targeting Over $100 Billion in Income Over the Next Decade

Core Insights - HyOrc Corporation plans to execute numerous methanol projects globally over the next decade, focusing on sustainable fuel solutions [1][4] - The company has signed a Memorandum of Understanding (MOU) with Start Lda to develop a green methanol production facility in Porto, projected to generate lifetime revenues of $390 million [2] - HyOrc aims to establish a robust European supply network for low-carbon marine fuels and industrial decarbonization through these projects [2][5] Company Strategy - The planned methanol facilities will support decarbonization efforts in maritime, industrial, and heavy transport sectors, capitalizing on strong market demand and tightening emissions regulations [5] - HyOrc's long-term strategy includes leveraging proprietary technologies and international partnerships to pursue dozens of similar methanol production projects worldwide [4][5] - The cumulative income from these projects is expected to exceed $100 billion, positioning HyOrc as a global leader in sustainable fuel solutions [4] Company Background - HyOrc Corporation develops advanced waste-to-methanol systems and hydrogen engines for various sectors, including rail and maritime [6] - The company is backed by a growing patent portfolio and ISO-certified operations, with a mission to decarbonize hard-to-abate sectors without relying on subsidies [6] - As of now, HyOrc has 737 million shares issued and outstanding, with 26.30 million shares at DTC [6]