HyOrc Signs Agreement with OnEnergy Group for European Waste-to-Methanol Project

Key Facts

1HyOrc signed a binding agreement with Bulgaria-based OnEnergy Group to develop a waste-to-methanol facility.

2HyOrc has been appointed as the technology partner for Stage 3, focusing on thermochemical conversion of Refuse-Derived Fuel (RDF).

3The project aims to produce green methanol as part of advanced waste-to-fuels technologies.

HyOrc Corporation (OTCQB: HYOR) has announced a binding agreement with Bulgaria-based OnEnergy Group to develop a commercial-scale waste-to-methanol facility. Under the terms of the deal, HyOrc will serve as the technology partner for Stage 3 of the project, focusing on the thermochemical conversion of Refuse-Derived Fuel (RDF). This partnership aims to utilize HyOrc's proprietary technology to produce green methanol, a key component in the transition to sustainable fuels. The project represents a significant milestone for HyOrc as it expands its footprint into the European renewable energy market. Investors view this binding agreement as a validation of the company's clean-tech solutions and a potential driver for future revenue growth. The facility is expected to play a crucial role in Bulgaria's waste management and green energy infrastructure.