ACME Group announced today it will establish a green methanol manufacturing facility in Odisha with a capacity of 200 kilotonne per annum. The project, to be set up in Kendrapada district through ACME Akshya Energy Pvt Ltd, is expected to create more than 1,100 jobs. The facility is part of ACME’s green hydrogen business and will be developed in partnership with Industrial Promotion and Investment Corporation of Odisha Limited (IPICOL). The company has identified Odisha as a key manufacturing destination du ...

Core Insights - HyOrc Corporation is advancing its first industrial green methanol project in Portugal, with discussions on a long-term offtake structure for initial production [1] - The company has received a non-binding letter of intent from a global energy trading group for future expansion phases, indicating potential long-term volumes of up to 25,000 tonnes per year over a ten-year horizon [1] Group 1: Project Development - HyOrc's methanol projects are competitive with European grey methanol prices, ensuring profitability based on market fundamentals [3] - The company is experiencing significant demand from global traders and buyers, with critical support from local authorities and major Portuguese infrastructure hubs [3] Group 2: Financial Position - HyOrc reports assets in the hundreds of millions of dollars, primarily linked to proprietary energy technology and long-dated contractual economic rights developed over more than a decade [4] Group 3: Alternative Fuel Solutions - Beyond maritime fuels, HyOrc is working on replacing diesel power rail systems with alternative-fuel solutions, having completed factory tests of contracted turbines [5]

HOUSTON , Jan. 12, 2026 (GLOBE NEWSWIRE) -- HyOrc Corporation (OTCID: HYOR), a clean-energy infrastructure company focused on green methanol and rail decarbonisation, today announced that it has completed and submitted all required documentation for its uplisting to the OTCQB market. The Company also confirmed continued progress on its first industrial green methanol project in Portugal, as demand for compliant marine fuels accelerates under European maritime regulations. HyOrc is in advanced discussions on ...

Core Insights - The key challenge in decarbonizing shipping is finding a cost-competitive fuel solution, as highlighted by industry analysis [1][4] - HyOrc Corporation's green methanol platform offers a high-efficiency, low-CAPEX solution that avoids reliance on expensive inputs like large-scale electrolysis [3][4] - The company's technology allows for the conversion of negative-cost municipal waste into high-purity green methanol, achieving up to a 90% reduction in lifecycle CO2 emissions [4] Company Positioning - HyOrc has secured a 10-year offtake commitment from a major European green fuel producer through its Portuguese joint venture, indicating strong commercial interest [5] - The company is positioned to accelerate the maritime sector's transition to decarbonization by providing a practical, scalable, and economically viable fuel source [5] - HyOrc is preparing for a Nasdaq uplist, with 737 million shares issued and outstanding, and 26.30 million shares at DTC [6]

Core Insights - HyOrc Corporation has achieved a significant commercial milestone with its Portuguese green methanol project, enhancing its European strategy [1] - The company secured a non-binding 10-year offtake commitment for the entire output of its planned pilot facility with a major European renewable fuels producer, pending a definitive Term Sheet [2] - Engagements with global energy traders and international shipping lines for co-funding and large-volume offtake discussions indicate strong long-term interest in green methanol [3] Group 1 - The non-binding agreement represents a validation of HyOrc's vertically integrated approach and its position in the marine fuel market [2] - The commitment from a major European producer provides essential revenue assurance, demonstrating the commercial viability of HyOrc's asset-backed approach [4] - The execution of definitive agreements will facilitate key project financing pathways, transitioning HyOrc from R&D to a revenue-generating platform [4] Group 2 - The company is developing patented hydrogen-capable combustion and waste-to-fuel systems for various sectors, including shipping and off-grid power [5]

Core Insights - DevvStream Corp and Southern Energy Renewables Inc have entered into a definitive agreement to combine under a new U.S.-domiciled, Nasdaq-listed company, focusing on producing carbon-negative sustainable aviation fuel (SAF) and green methanol at scale [1] - The new company aims to support aviation and maritime operators in meeting global decarbonization mandates by creating an integrated clean fuels platform in Louisiana [1] - The merger is expected to transition DevvStream from a microcap services profile to a financeable, industrial fuels and credits business with long-duration revenue potential [1] Company Overview - DevvStream Corp specializes in carbon management and environmental-asset monetization, focusing on the development, investment, and sale of environmental assets worldwide, including carbon credits and renewable energy certificates [2] - Southern Energy Renewables Inc is a U.S.-based developer of clean fuels, chemicals, and products, concentrating on large-scale biomass-to-fuels projects that produce carbon-negative SAF and green methanol [3] Business Combination Highlights - Upon closing, Southern equity holders are expected to own approximately 70% of the combined company, while DevvStream shareholders will own about 30% [1] - Southern has committed to an initial investment of approximately $2.0 million in DevvStream at $15.58 per share [1] - The proposed combination is subject to shareholder approvals, Nasdaq and other regulatory approvals, and customary closing conditions [1]

Core Insights - HyOrc Corporation is gaining media attention for its hydrogen-ready locomotive retrofits and partnership with Zero-Emission Locomotive Technologies, reflecting a growing interest in decarbonization solutions for rail transport [2][6] Technology & Integration Progress - The company is advancing its patented external-combustion engine platform, which can operate on hydrogen, LPG, and natural gas, and is working with ZELTECH on system integration for pilot deployment with Dreamstar Lines in California and other rail customers in the UK, EU, and India [3] Green Methanol Program - HyOrc's joint venture in Portugal is preparing to construct its first green methanol facility, which is aligned with the company's European expansion strategy and designed for long-term offtake and project-finance-friendly structures [5] Corporate Positioning - The company aims to build a capital-light, contract-backed platform across three major decarbonization markets, emphasizing disciplined execution and transparent communication of material developments [6]

Core Insights - The execution of the Shareholders Agreement between HyOrc Corporation and Start Lda marks a significant milestone for the establishment of a joint venture, HyOrc Start Green Fuels, Lda., aimed at creating a national network of waste-to-green methanol plants in Portugal [1][2][4] Company Developments - The joint venture will mobilize technical teams to prepare a 35 TPD Municipal Waste - Refuse Derived Fuel (RDF) gasification unit, with plans to deliver the core gasifier by May 2026 and achieve first Green Methanol production of 8 tonnes per day by the end of 2026 [2][4] - The first project in Porto is expected to serve as a model for a national rollout of five larger-scale facilities, representing a potential multi-billion-euro investment in the Portuguese economy [4][5] Market Positioning - The partnership aims to position Portugal as a net exporter of green fuel, leveraging local execution strengths and advanced technology to address waste and energy challenges [5][8] - There is strong interest from fuel distributors and global shipping lines for long-term offtake agreements for green methanol, indicating robust market demand [5] Technological Background - HyOrc Corporation specializes in advanced waste-to-methanol systems and has developed technologies over the past decade, including a 3-TPD RDF-to-methanol pilot plant in the UAE and a 25-TPD gasifier in India [6]

Core Insights - HyOrc Corporation has entered a joint venture with Start Lda to develop a national network of green methanol plants in Portugal, utilizing HyOrc's RDF-to-methanol technology [1][2] - The project aims to support Europe's transition from fossil fuels and aligns with decarbonization goals in shipping and heavy industry [2] Project Details - The initial phase will deploy a 35 Tons Per Day (TPD) launch unit in Porto, producing 8 TPD of methanol, with plans to scale to five full-scale sites, each processing 300 TPD of Municipal Waste to produce 80 TPD of green methanol [2] - Over a 10-year period, the project is projected to generate over $3.25 billion in total revenues, establishing a robust waste-to-fuel portfolio in Europe [3] Joint Venture Structure - The joint venture will have a 50/50 equity ownership structure, with HyOrc providing gasifiers, methanol technology, and project leadership, while Start Lda contributes land, permitting, and local infrastructure [8] - HyOrc retains intellectual property rights and appoints the Managing Director of the joint venture [8] Company Background - HyOrc Corporation specializes in developing advanced waste-to-methanol systems and hydrogen engines for various sectors, aiming to decarbonize hard-to-abate industries without relying on subsidies [5] - Start Lda focuses on waste processing, logistics, and clean fuel technologies, emphasizing sustainable practices and regional execution [7]

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]