HyOrc Advances Green Methanol Commercialization and Completes OTCQB Uplist Application
Rhea-AI Summary
HyOrc (OTCID: HYOR) submitted required documentation to uplist to the OTCQB and reported progress on its first industrial green methanol project in Portugal. The initial modular unit is sized at ~8 tonnes/day with expansion capacity; the company is in advanced talks on a 10-year offtake with a European renewable fuels counterparty. HyOrc also received a non-binding LOI for up to 25,000 tonnes/year over 10 years for future expansion. Separately, 2x500 kW turbines (1 MW) passed factory testing and were shipped for field deployment. Near-term focus is converting commercial frameworks into executed contracts and advancing on-site delivery.
Positive
- Completed OTCQB uplist application submission
- Advanced talks on a 10-year offtake for initial production
- Non-binding LOI indicates up to 25,000 tpy potential volumes
- Initial modular unit sized at ~8 tonnes/day
- Shipped 2x500 kW turbines (1 MW) after factory testing
Negative
- Offtake discussions are not yet executed contracts
- LOI is non-binding and subject to definitive agreements
- OTCQB uplisting application outcome is not guaranteed
- Initial production scale (~8 t/day) is limited until expansion
News Market Reaction
On the day this news was published, HYOR gained 14.96%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
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 a long-term (10-year) offtake structure with a European renewable fuels counterparty, designed to cover initial production from its Porto-area facility. The project is expected to begin with a modular unit producing approximately 8 tonnes of green methanol per day, with expansion capacity embedded from the outset.
In parallel, HyOrc has received a non-binding letter of intent from a global energy trading group relating to potential participation in future expansion phases of its green methanol platform. The LOI outlines indicative long-term volumes of up to 25,000 tonnes per year over a 10-year horizon, subject to definitive agreements.
Together, these developments reflect HyOrc’s transition from development-stage planning toward contracted, infrastructure-style execution, with projects structured to support asset-level, non-recourse project finance rather than balance-sheet-driven growth.
Demand for green methanol continues to strengthen as FuelEU Maritime regulations are already in force, prompting shipping operators to secure compliant fuel supply well ahead of broader market availability.
Alongside methanol, HyOrc is advancing a rail decarbonisation strategy focused on retrofitting existing diesel-electric locomotives with alternative-fuel power systems. Following Bureau Veritas-witnessed factory testing, the Company confirmed that 2x500kw HyOrc turbines totalling 1MW have now been shipped to a customer, marking a transition from factory validation to field deployment.
HyOrc stated that its near-term focus remains on converting commercial frameworks into executed contracts and advancing projects from testing to on-site delivery.
About HyOrc Corporation
HyOrc Corporation (OTCID: HYOR) develops and commercializes patented hydrogen-capable combustion and waste-to-fuel systems for the shipping, rail, and off-grid power sectors. HyOrc has 737 million shares issued and outstanding with 26.30 million shares at DTC. The company is preparing for a Nasdaq uplist.
Website: www.hyorc.com Investor Contact: comms@hyorc.com
Forward-Looking Statements
This release contains forward-looking statements under Sections 27A and 21E of the Securities Acts of 1933 and 1934. These statements involve risks and uncertainties that may cause actual results to differ materially. Factors are described in Company filings with the SEC. The Company undertakes no obligation to update such statements
FAQ
What did HyOrc (HYOR) announce regarding an OTCQB uplist on January 12, 2026?
How large is HyOrc's initial green methanol unit in Portugal and what is its capacity?
What are the terms of HyOrc's offtake discussions mentioned for HYOR?
What volume does the non-binding LOI received by HyOrc indicate for future expansion?
What progress did HyOrc report on its rail decarbonisation equipment for HYOR shareholders?
What is HyOrc's near-term operational focus after the January 12, 2026 update?
