HyOrc Successfully Completes Independent Process and Technology Verification for Waste-to-Methanol Platform

Rhea-AI Summary

HyOrc (OTCQB: HYOR) announced an independent validation by Bureau Veritas of its RDF-to-methanol pilot synthesis unit on April 15, 2026, receiving a “Satisfactory” result. The trial validated end-to-end conversion—RDF preparation, gasification, syngas cleaning, synthesis, and condensation—with methanol produced and no non-conformities.

HyOrc tied the validation to European commercial plans: a Porto, Portugal site with permits and PRIO Energy offtake alignment, and a Varna, Bulgaria project permitted to process ~56,000 tonnes/year of waste feedstock.

Positive

• Bureau Veritas validation achieved a “Satisfactory” result on April 15, 2026
• Full end-to-end RDF-to-methanol process chain validated in pilot trial
• Porto site secured with land contracted, permits, and PRIO Energy offtake alignment
• Varna (Bulgaria) project at licensed industrial site permitted for ~56,000 tonnes/year
• Methanol produced and collected with no non-conformities or punch list items

Negative

• Pilot validation occurred under controlled conditions, not at full commercial scale

News Market Reaction – HYOR

+5.56%

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+5.56% News Effect

On the day this news was published, HYOR gained 5.56%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

HOUSTON, April 22, 2026 (GLOBE NEWSWIRE) -- HyOrc Corporation (OTCQB: HYOR) today announced that an independent third-party has successfully validated its RDF-to-methanol pilot methanol synthesis unit at its R&D centre in India.

The validation was conducted by Bureau Veritas on April 15, 2026. According to Bureau Veritas Inspection Report No. VET/HYORC/MSW/RDF/METHANOL/TRY/IR-001, the Pilot-Trial achieved a “Satisfactory” result and demonstrated that Refuse-Derived-Fuel (RDF) can be converted into methanol under controlled operating conditions. Methanol was produced and collected for quality verification, with no non-conformities and no punch list items recorded.

The trial validated the full process chain, including RDF preparation, gasification, syngas cleaning, methanol synthesis, and methanol condensation, demonstrating end-to-end operational integrity. Bureau Veritas confirmed the successful conversion of RDF into methanol under controlled conditions. This milestone directly underpins HyOrc’s European commercial deployment strategy, including its pilot RDF gasification and methanol synthesis facility in Porto, Portugal and the OnEnergy project in Varna, located near the Black Sea port, the largest port in Bulgaria.

In Bulgaria, the project uses an existing licensed industrial site with permits to process approximately 56,000 tons per year of waste feedstock and has selected HyOrc’s proprietary technology as part of its development pathway.

In Porto, HyOrc has secured its MO.RE.DA. Oils industrial site with land contracted, permits, and commercial alignment with PRIO Energy, Portugal’s leading biofuels distributor, for methanol offtake.

According to the International Maritime Organization, shipping decarbonization is driving rapid demand for alternative fuels, with methanol emerging as the leading solutions. This positions HyOrc’s European platform directly within one of the fastest-growing segments of the energy transition.

“With secured sites in Portugal and Bulgaria, permits, industrial partners, and offtake alignment, HyOrc has moved into full project execution,” said Reginald Fubara, HyOrc’s CEO. “The Porto facility will be the first European commercial deployment of HyOrc’s RDF-to-methanol platform, forming the foundation for HyOrc’s global rollout of sustainable methanol production assets.”

About HyOrc Corporation
HyOrc Corporation (OTCQB: HYOR) develops and commercializes patented hydrogen-capable combustion and waste-to-fuel systems for the shipping, rail, and off-grid power sectors.

Website: www.hyorc.com Press 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.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5e9a28a3-8bb0-4a35-b89f-3f4d0e176f2d

FAQ

What did HyOrc (HYOR) announce about its RDF-to-methanol pilot on April 15, 2026?

HyOrc reported a “Satisfactory” independent validation by Bureau Veritas on April 15, 2026. According to the company, the pilot produced methanol and validated the full RDF-to-methanol process chain with no non-conformities recorded.

How does the Bureau Veritas validation affect HyOrc’s European plans for HYOR?

The validation underpins HyOrc’s European deployment strategy for HYOR. According to the company, it supports planned commercial facilities in Porto, Portugal and the Varna, Bulgaria OnEnergy project with permitting and site readiness.

What capacity is the Varna, Bulgaria project using HyOrc technology expected to handle?

The Varna project is permitted to process approximately 56,000 tonnes per year of waste feedstock. According to the company, the project will use an existing licensed industrial site and HyOrc’s proprietary technology.

What commercial arrangements has HyOrc secured in Porto, Portugal for HYOR?

HyOrc has contracted land and obtained permits for the Porto site with methanol offtake alignment from PRIO Energy. According to the company, this positions Porto as the first European commercial deployment of its platform.

Did the Bureau Veritas report find any non-conformities in HyOrc’s pilot trial for HYOR?

No non-conformities or punch list items were recorded in the inspection report. According to the company, methanol was produced and collected for quality verification with no deficiencies noted.

How does HyOrc’s RDF-to-methanol work relate to shipping decarbonization and demand for HYOR?

Methanol is cited as a leading alternative fuel for shipping decarbonization, increasing demand for sustainable methanol. According to the company, this trend supports HyOrc’s European platform placement within a fast-growing energy transition segment.