HOUSTON, Sept. 09, 2025 (GLOBE NEWSWIRE) -- HyOrc Corporation (OTC: HYOR), a developer of patented hydrogen combustion and waste-to-fuel technologies, today announced it is intending to execute numerous methanol projects worldwide within the next decade.
In July 2025, the Company 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 $390 million. This agreement follows HyOrc's earlier plans for a 13,000 ton per annum RDF-to-methanol facility in Scunthorpe, UK. Together, these projects form the foundation of HyOrc's long-term strategy to establish a robust European supply network for low-carbon marine fuels and industrial decarbonization.
Building on this momentum, HyOrc today disclosed plans to pursue dozens of similar methanol production projects worldwide over the next decade, leveraging its proprietary technologies and international partnerships. These projects are expected to generate more than $100 billion in cumulative income, positioning HyOrc as a global leader in sustainable fuel solutions.
"These MOUs are just the beginning," said HyOrc Business Development Director Andrea Magalini. "With our technology and partner network, we are aiming to transform waste into clean fuels at scale-and unlock massive value in the process. The global shift to green fuels is accelerating, and HyOrc intends to be at the forefront."
The planned methanol facilities will support maritime, industrial, and heavy transport decarbonization efforts in Europe and beyond, capitalizing on strong market demand and tightening emissions regulations.
About HyOrc Corporation
HyOrc Corporation (OTCID: HYOR) develops and commercializes advanced waste to methanol systems, and hydrogen engines for rail, maritime, and distributed power. Backed by a growing patent portfolio and ISO-certified operations, HyOrc's mission is to decarbonize hard-to-abate sectors without subsidy reliance.
HyOrc has 737 million shares issued and outstanding with 26.30 million shares at DTC.
Forward-Looking Statements
This press release contains forward-looking statements, particularly as related to, among other things, the business plans of the Company, statements relating to goals, plans and projections regarding the Company's financial position and business strategy. The words or phrases "plans," "would be," "will allow," "intends to," "may result," "are expected to," "will continue," "anticipates," "expects," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "think," "considers" or similar expressions are intended to identify "forward-looking statements." These forward-looking statements fall within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 and are subject to the safe harbor created by these sections. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or expressed achievements or implied by such forward-looking statements.
Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of local, regional, and global economic conditions, the performance of management and our employees, our ability to obtain financing, competition, general economic conditions and other factors that are detailed in our periodic reports and on documents we file from time to time with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.
Contact:
Laura Donohoe
Investor Relations
laura@hyorc.com
www.hyorc.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9d727891-8211-4b15-b635-5de46c69e725
