Houston American Energy Corp. to Break Ground at Cedar Port in Q4 with Corvus Construction
Houston American Energy Corp. (NYSE American: HUSA) has appointed Corvus Construction Company as its design and construction partner for a major development project at Cedar Port Industrial Park in Baytown, TX. The project includes two key components: a plastics recycling facility that will convert waste into renewable fuels and chemical products, and the Abundia Innovation Center.
The development, set to break ground in Q4 2025, will feature a state-of-the-art R&D facility alongside an energy-efficient office and innovation hub. The project represents HUSA's strategic move to establish itself as a leader in the low-carbon fuels sector through collaborative innovation. The partnership with Corvus Construction emphasizes sustainable building practices and energy efficiency throughout the development process.
Houston American Energy Corp. (NYSE American: HUSA) ha nominato Corvus Construction Company come partner per la progettazione e la realizzazione di un importante intervento al Cedar Port Industrial Park di Baytown, TX. Il progetto comprende due elementi principali: un impianto di riciclo della plastica che trasformerà rifiuti in combustibili rinnovabili e prodotti chimici, e il Abundia Innovation Center.
Il cantiere, la cui inaugurazione è prevista per il quarto trimestre del 2025, includerà un moderno centro di R&S affiancato da uffici a basso consumo energetico e un hub per l'innovazione. L'iniziativa rappresenta la mossa strategica di HUSA per affermarsi nel settore dei carburanti a bassa intensità di carbonio attraverso l'innovazione collaborativa. La collaborazione con Corvus Construction mette in primo piano pratiche edilizie sostenibili ed efficienza energetica lungo tutto il processo di sviluppo.
Houston American Energy Corp. (NYSE American: HUSA) ha designado a Corvus Construction Company como su socio de diseño y construcción para un importante proyecto en Cedar Port Industrial Park en Baytown, TX. El proyecto incluye dos componentes clave: una planta de reciclaje de plásticos que convertirá residuos en combustibles renovables y productos químicos, y el Abundia Innovation Center.
El desarrollo, cuya puesta en marcha está prevista para el cuarto trimestre de 2025, contará con una moderna instalación de I+D junto con oficinas eficientes energéticamente y un centro de innovación. El proyecto refleja la estrategia de HUSA para posicionarse como referente en combustibles bajos en carbono mediante la innovación colaborativa. La asociación con Corvus Construction subraya prácticas de construcción sostenibles y la eficiencia energética durante todo el proceso de desarrollo.
Houston American Energy Corp. (NYSE American: HUSA)는 텍사스 베이타운의 Cedar Port Industrial Park에서 진행되는 대규모 개발사업의 설계·시공 파트너로 Corvus Construction Company를 선정했습니다. 이 프로젝트는 폐기물을 재생 연료와 화학제품으로 전환하는 플라스틱 재활용 시설과 Abundia Innovation Center라는 두 가지 핵심 요소로 구성됩니다.
2025년 4분기 착공 예정인 이 개발에는 첨단 연구개발 시설과 에너지 효율이 높은 사무공간 및 혁신 허브가 포함됩니다. 본 사업은 협력적 혁신을 통해 저탄소 연료 분야의 선도 기업으로 자리매김하려는 HUSA의 전략적 행보를 보여줍니다. Corvus Construction과의 파트너십은 개발 전 과정에서 지속 가능한 건축 관행과 에너지 효율을 강조합니다.
Houston American Energy Corp. (NYSE American: HUSA) a nommé Corvus Construction Company comme partenaire de conception et de construction pour un important projet de développement au Cedar Port Industrial Park à Baytown, TX. Le projet comprend deux volets principaux : une usine de recyclage des plastiques qui transformera les déchets en carburants renouvelables et en produits chimiques, et le Abundia Innovation Center.
Le développement, dont le démarrage des travaux est prévu au quatrième trimestre 2025, comprendra une installation de R&D à la pointe de la technologie ainsi que des bureaux et un hub d'innovation à faible consommation d'énergie. Ce projet illustre la stratégie de HUSA visant à se positionner comme leader des carburants à faible empreinte carbone grâce à l'innovation collaborative. Le partenariat avec Corvus Construction met l'accent sur des pratiques de construction durables et l'efficacité énergétique tout au long du processus de développement.
Houston American Energy Corp. (NYSE American: HUSA) hat Corvus Construction Company als Design- und Baupartner für ein großes Entwicklungsprojekt im Cedar Port Industrial Park in Baytown, TX, benannt. Das Projekt umfasst zwei zentrale Komponenten: eine Kunststoffrecyclinganlage, die Abfälle in erneuerbare Kraftstoffe und chemische Produkte umwandelt, sowie das Abundia Innovation Center.
Die Entwicklung, deren Baubeginn für das vierte Quartal 2025 geplant ist, wird eine hochmoderne F&E-Einrichtung sowie energieeffiziente Büro- und Innovationsbereiche umfassen. Das Projekt ist Teil von HUSAs Strategie, sich durch kooperative Innovation als Vorreiter im Bereich kohlenstoffarmer Kraftstoffe zu etablieren. Die Partnerschaft mit Corvus Construction legt Wert auf nachhaltiges Bauen und Energieeffizienz während des gesamten Entwicklungsprozesses.
- Strategic expansion into renewable energy and low-carbon fuels sector
- Development of dual-purpose facility combining research and production capabilities
- Partnership with established construction firm Corvus enhances project execution confidence
- Location at Cedar Port Industrial Park provides strategic industrial positioning
- Significant capital expenditure required for construction and development
- Potential execution risks in new technology implementation
- Entry into competitive renewable fuels market with established players
Insights
HUSA advances its renewable energy strategy with construction partner selection for its Cedar Port recycling facility and innovation center.
Houston American Energy Corp's selection of Corvus Construction marks a tangible step forward in their strategic pivot toward renewable energy and plastics recycling. The company is developing two key assets at Cedar Port Industrial Park: a plastics recycling facility that will convert waste into renewable fuels and chemicals, and the Abundia Innovation Center focused on renewable energy technology validation.
This announcement represents the operational execution phase of HUSA's previously announced site acquisition from July, demonstrating progression from planning to implementation. The design-build agreement suggests HUSA is pursuing an integrated approach to accelerate development timeline.
The selection of Corvus, highlighted for their "outstanding reputation" and "proven track record," indicates HUSA is prioritizing quality execution for this infrastructure project. The emphasis on sustainable building practices aligns with the broader strategic shift toward low-carbon solutions.
This development signals HUSA's continued transformation from its traditional oil and gas operations toward the renewable energy sector. The company appears to be positioning the Abundia Innovation Center as a hub for collaborative technology development, suggesting a platform approach rather than solely developing proprietary solutions.
With groundbreaking scheduled for Q4 2025, investors should watch for project timeline adherence, construction milestones, and further details on technology partners that may utilize the innovation center once operational.
HOUSTON, TX, Aug. 27, 2025 (GLOBE NEWSWIRE) -- Houston American Energy Corp. (NYSE American: HUSA) (“HUSA” or the “Company”) and Abundia Global Impact Group (AGIG) today announced the appointment of Corvus Construction Company, Inc. (Corvus) as its design and construction partner for the infrastructure development underpinning AGIG’s Plastics Recycling Facility and the construction of the Abundia Innovation Center on the site acquired this July at the Cedar Port Industrial Park in Baytown, TX.
HUSA plans to construct the Abundia Innovation Center and its first plastics recycling plant at Cedar Port. The Center will serve as a transformative platform for commercial and technical validation of new technology solutions in the renewable energy sector, while the recycling facility will convert plastic waste into renewable fuels and chemical products. Under a Design-Build Agreement, Corvus will deliver a state-of-the-art research and development facility alongside an energy-efficient office and innovation hub, incorporating the latest technology and sustainable building practices. This first phase will create the foundation for HUSA’s long-term vision to be a leader in the low-carbon fuels sector by driving collaborative innovation.
Paul McBurney, Project Development and Construction Director for HUSA, said:
“Corvus Construction has been selected due to their outstanding reputation, uncompromising commitment to quality, and proven track record of delivering complex projects on time and to the highest standards. Over the course of our engagement, we have found Corvus to be straightforward and collaborative, building a level of trust that makes them the right partner for this critical first phase. Their approach and values align perfectly with HUSA’s vision for innovation and sustainability.”
Will Thornton, President of Corvus Construction, said:
“As HUSA’s design-build partner, Corvus is proud to help bring their vision for energy innovation to Houston’s industrial community. Together, with Powers Brown Architecture, we are prioritizing energy efficiency and sustainable practices in every phase of development—while upholding the high construction standards that define Corvus.”
About Corvus Construction Company, Inc.
Corvus Construction Company, Inc. is a family-owned general contractor that provides interior finish and ground-up construction services to the greater Houston area. Corvus’ Ground Up Division has extensive experience in institutional industrial projects for national developers and equity firms. They assist clients with due diligence budgets and feasibility analysis, with a reputation for delivery of high-quality buildings ahead of schedule and within budget. The operations team have decades of experience, coupled with a hands-on approach and long-standing relationships with the highest quality subcontractors.
About Houston American Energy Corp.
Houston American Energy Corp. (NYSE American: HUSA) is an independent energy company with a growing and diversified portfolio across both conventional and renewable sectors. Historically focused on the exploration and production of oil and natural gas, the Company is actively expanding into high-growth segments of the energy industry. In July 2025, HUSA acquired Abundia Global Impact Group, a technology-driven platform specializing in the conversion of waste plastics into low-carbon fuels and chemical feedstocks. This strategic acquisition reflects HUSA’s broader commitment to meeting global energy demands through a balanced mix of traditional and alternative energy solutions and positions the Company to capitalize on emerging opportunities in sustainable fuels and energy transition technologies.
Cautionary Note Regarding Forward-Looking Information:
This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking information generally is accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Forward-looking information is based on management’s current expectations and beliefs and is subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Forward-looking information in this news release includes, but is not limited to, statements about the future growth of the Company in the low-carbon fuels and chemicals sector as well as plans for transportation of feedstock and drop-in fuels and chemical products. Actual results may differ materially from those indicated by these forward-looking statements as a result of a variety of factors, including, but not limited to: (i) risks and uncertainties impacting the Company’s business including, risks related to its current liquidity position and the need to obtain additional financing to support ongoing operations, the Company’s ability to continue as a going concern, the Company’s ability to maintain the listing of its common stock on NYSE American, the Company’s ability to predict its rate of growth, the Company’s ability to hire, retain and motivate employees, the effects of competition on the Company’s business, including price competition, technological, regulatory and legal developments, developments in the economy and financial markets, risks related to the Company’s ability to complete the development of the site at Cedar Port Industrial Park, and (ii) other risks as set forth from time to time in the Company’s filings with the U.S. Securities and Exchange Commission.
Readers are cautioned not to place undue reliance on these forward-looking statements. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are beyond the control of the Company.
With respect to the forward-looking information contained in this news release, the Company has made numerous assumptions. While the Company considers these assumptions to be reasonable, these assumptions are inherently subject to significant business, economic, competitive, market and social uncertainties and contingencies. Additionally, there are known and unknown risk factors which could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. A complete discussion of the risks and uncertainties facing the Company’s business is disclosed in our Annual Report on Form 10-K and other filings with the SEC on www.sec.gov.
All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.
For additional information, view the company’s website at www.houstonamerican.com or contact Houston American Energy Corp. at (713) 222-6966.
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