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HyOrc Corporation (OTCID: HYOR), a clean energy innovation company, has filed a Form 10 registration statement with the SEC, marking a significant step in its capital markets strategy. The filing aims to enhance shareholder transparency and facilitate the company's planned uplist from OTCID to OTCQB Venture Market, with a longer-term goal of listing on the Nasdaq Capital Market.
The company has recently established a strategic joint venture in Portugal for a green methanol platform, which is projected to generate €3.2 billion in revenues over ten years. The transition to fully reporting status is expected to improve HyOrc's access to institutional and retail investors, supporting its ability to fund and scale its clean energy projects.
HyOrc (OTCID: HYOR) has formed a strategic 50/50 joint venture with Portuguese company Start Lda to develop a national green methanol production network in Portugal. The partnership will initially launch a 35 TPD facility in Porto, producing 8 TPD of methanol, before expanding to five full-scale sites processing 300 TPD of Municipal Waste each to generate 80 TPD of green methanol.
The project leverages HyOrc's proprietary RDF-to-methanol technology, with HyOrc providing gasifiers, technology, and project leadership, while Start Lda contributes land, permitting, and infrastructure. The full platform is projected to generate over $3.25 billion in total revenues over a 10-year period, establishing one of Europe's largest waste-to-fuel operations.
HyOrc Corporation (OTC: HYOR) has unveiled ambitious plans for a global rollout of methanol production projects, targeting over $100 billion in cumulative income over the next decade. The company recently signed an MOU with Start Lda to develop a 25,000-ton annual green methanol facility in Porto, Portugal, projecting lifetime revenues of $390 million.
This follows HyOrc's existing plans for a 13,000-ton RDF-to-methanol facility in Scunthorpe, UK. The company aims to establish multiple similar projects worldwide, focusing on creating a European supply network for low-carbon marine fuels and industrial decarbonization solutions. These initiatives leverage HyOrc's proprietary technologies and international partnerships to transform waste into clean fuels at scale.
HyOrc Corporation (OTC:HYOR), formerly trading under a different symbol, announced its effective name and symbol change alongside significant progress in its clean energy initiatives. The company is developing green methanol production facilities in Scunthorpe, UK and Porto, Portugal, with each plant capable of producing 80 tons of green methanol daily.
HyOrc plans to establish methanol production hubs across Europe, projecting $1.8 billion in revenues over ten years from five locations. Additionally, the company is advancing its hydrogen locomotive program, offering retrofits at $2.5 million per unit, targeting a market of over 75,000 diesel locomotives across India, the EU, and the UK.