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HyOrc, Expands European Green Methanol Strategy with New Porto Deal
Globenewswire· 2025-07-08 14:04
HOUSTON, July 08, 2025 (GLOBE NEWSWIRE) -- HyOrc Corporation (OTC: ASPZ), a developer of patented hydrogen combustion and waste-to-fuel technologies, today announced it has signed a Memorandum of Understanding (MOU) with Start Lda, a Portugal-based liquid and gaseous fuels trading company, to develop a 25,000 ton per annum green methanol production facility in Porto, with conservative projected lifetime revenues of $390m from the facility. This agreement builds on HyOrc’s previously announced MOU with Acete ...
HyOrc, Acetech Ink UK Green Methanol Deal, Projected to Generate $200 Million in Revenues
Globenewswire· 2025-06-30 13:09
HOUSTON, June 30, 2025 (GLOBE NEWSWIRE) -- HyOrc Corporation (OTC: ASPZ), a leading developer of hydrogen combustion and waste-to-fuel technologies, today announced it has signed a Memorandum of Understanding (MOU) with Acetech Metals Limited to develop a municipal waste to green methanol production facility in Scunthorpe, United Kingdom. Under the MOU, the parties have committed to deploy a 35 TPD (tons per day) Municipal Waste: Refuse-Derived Fuel (RDF) gasification plant combined with a methanol synthesi ...
Haffner Energy Reports Annual Results for Fiscal Year 2024-2025
Globenewswire· 2025-06-30 06:00
Haffner Energy Reports Annual Results for Fiscal Year 2024-2025 Strategic milestones were reached, opening up the prospect of a commercial and economic ramp-up in the current financial year Vitry-le-François, France - June 30, 2025, 08:00am (CEST) 2024-2025, a year of milestones demonstrating Haffner Energy's technological maturity: commissioning of the Marolles showcase site and green hydrogen production kick-off; signature of a first contract essential to the development of a hydrogen, electricity, and ...
Methanex Corporation Completes Acquisition of OCI Global's Methanol Business
GlobeNewswire News Room· 2025-06-27 14:36
VANCOUVER, British Columbia, June 27, 2025 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (Nasdaq:MEOH) announced today that it has completed the previously announced acquisition of OCI Global’s (“OCI”) international methanol business. As part of the transaction, first announced in September 2024, Methanex has acquired an interest in i) two world-scale methanol facilities in Beaumont, Texas, which have access to robust North American natural gas feedstock and one of which also produces ammonia, ii) a low ...
Methanex Corporation Completes Acquisition of OCI Global’s Methanol Business
Globenewswire· 2025-06-27 14:36
VANCOUVER, British Columbia, June 27, 2025 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (Nasdaq:MEOH) announced today that it has completed the previously announced acquisition of OCI Global’s (“OCI”) international methanol business. As part of the transaction, first announced in September 2024, Methanex has acquired an interest in i) two world-scale methanol facilities in Beaumont, Texas, which have access to robust North American natural gas feedstock and one of which also produces ammonia, ii) a low ...
HyOrc Appoints Andrea Magalini to Board, Achieves Key ISO Certification
Globenewswire· 2025-06-25 10:44
HOUSTON, June 25, 2025 (GLOBE NEWSWIRE) -- HyOrc Corporation (OTC: ASPZ), a clean energy technology company advancing advanced green methanol production systems, and hydrogen-based combustion systems for transport & off-grid power, is pleased to announce that Andrea Magalini has officially joined the Board of Directors as a Non-Executive Director. Andrea brings deep international experience in OEM leadership, industrial product commercialization, and global scale-up strategy. As the former General Manager o ...
Methanex Gets Green Light for OCI Global's Methanol Business Buyout
ZACKS· 2025-06-18 13:41
Key Takeaways MEOH has secured all required regulatory approvals for its acquisition of OCI Global's methanol business. The U.S. Hart-Scott-Rodino Act review period expired, allowing the transaction to proceed as planned. MEOH aims to close the deal on June 27 and quickly pursue integration to unlock strategic benefits.Methanex Corporation (MEOH) recently announced that the regulatory review period under the U.S. Hart-Scott-Rodino Antitrust Act has expired. As a result, all regulatory clearances required ...
Methanex Corporation Receives Regulatory Approval for the Acquisition of OCI Global’s Methanol Business
Globenewswire· 2025-06-12 12:00
VANCOUVER, British Columbia, June 12, 2025 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (Nasdaq:MEOH) announced today that the regulatory review period under the U.S. Hart-Scott-Rodino Antitrust Act has lapsed. Accordingly, all regulatory approvals required for Methanex to close its previously announced acquisition of OCI Global’s international methanol business have been obtained. The transaction is expected to close on June 27, 2025, and remains subject to the satisfaction of customary closing condit ...
Methanex Corporation Receives Regulatory Approval for the Acquisition of OCI Global's Methanol Business
GlobeNewswire News Room· 2025-06-12 12:00
VANCOUVER, British Columbia, June 12, 2025 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (Nasdaq:MEOH) announced today that the regulatory review period under the U.S. Hart-Scott-Rodino Antitrust Act has lapsed. Accordingly, all regulatory approvals required for Methanex to close its previously announced acquisition of OCI Global’s international methanol business have been obtained. The transaction is expected to close on June 27, 2025, and remains subject to the satisfaction of customary closing condit ...
CBL International (BANL) 2025 Conference Transcript
2025-05-29 17:30
Summary of CBL International (BANL) Conference Call Company Overview - CBL International Limited operates as a marine fuel logistics company, facilitating vessel refueling through local suppliers in over 60 major ports globally, covering Asia, Europe, Africa, and Latin America [3][4] - The company focuses on providing one-stop solutions for vessel refueling while adhering to environmental standards [3] Core Business and Fuel Mix - CBL has significantly expanded its biofuel operations, with B24 biofuel sales surging by 628% in the last fiscal year [4][5] - Plans to increase focus on sustainable fuels, including biofuels (B24, B30), methanol, and LNG, aligning with IMO GHG strategies and EU maritime regulations [5][8] - The global green marine fuel market is projected to grow at a CAGR of 50.4% [5][16] Market Expansion and Geographic Focus - CBL is targeting new ports for expansion in 2024, including Mauritius, Panama, and India, enhancing its global reach [10] - The company has a strong presence in the Asia Pacific, holding a 36% market share in Singapore's bunkering market [10] Revenue and Customer Segments - Bulk carriers and oil tankers contributed approximately 45% to CBL's revenue in 2024, up from 32% in 2023, indicating a diversification in customer segments [11][12] - The company is focusing on intra-Asia and Euro-Asia trade routes, which are significant for its business [11] Regulatory Compliance and Sustainability - CBL is adapting to increasing regulatory pressures by expanding its biofuel supply network and exploring alternative fuels [14] - The company aims to maintain profitability while complying with regulations by focusing on higher-margin sustainable fuels [14] Competitive Positioning - CBL differentiates itself through an extensive global supply network, operational reliability, and compliance with environmental standards [18] - The company emphasizes its ability to offer competitive pricing and flexible service solutions [18] Investment Considerations - Key reasons to consider investing in CBL include its leadership in the biofuel market, expansion of its service network from 36 to over 60 ports, and ongoing operational efficiencies through automation and IT investments [19][20] - The company plans to address rising operational costs by improving efficiency and focusing on sustainable fuels [21] Opportunities and Future Outlook - CBL sees significant opportunities in the global shift towards sustainable shipping solutions driven by regulatory changes [22] - By 2030, CBL aims to be a leader in sustainable marine fuel logistics with a diversified portfolio and a strong focus on decarbonization [25]