REG - Hydrogen Utopia Intl - HUI signs an MoU with a Saudi deployment Company

Hydrogen Utopia InternationalAnnouncement

06/01/2026 07:00

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RNS Number : 7250N  Hydrogen Utopia International PLC  06 January 2026

The information contained within this announcement is deemed by the
Company to constitute inside information stipulated under the Market
Abuse Regulation (EU) No. 596/2014 as it forms part of UK domestic law by
virtue of the European Union (Withdrawal) Act 2018.  Upon the
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6 January 2026

Hydrogen Utopia International PLC

 (the "Company" or "HUI")

 

        HUI signs an MoU with a Saudi deployment Company

"Boots on the Ground"

HUI signs an MoU with Hydrogen Systems, a KSA hydrogen EPC (Engineering,
Procurement and Construction) and O&M (Operations and Maintenance) Company

Hydrogen Utopia International PLC, a pioneering company converting
non-recyclable mixed waste plastic, tyres and hazardous waste materials into
hydrogen, carbon-free fuels, and new materials, is delighted to announce that
it has signed a Memorandum of Understanding ("MoU") with Hydrogen Systems LLC
("Hydrogen Systems"), a leading Saudi-based hydrogen infrastructure developer
and operator of Shell-branded hydrogen refuelling stations across the region.
Under the MoU, Hydrogen Systems will provide Engineering, Procurement and
Construction ("EPC") services and operations and management ("O&M")
support for HUI's planned facilities in Saudi Arabia to convert mixed waste
and indestructible plastics into hydrogen.

The MoU builds on HUI's strategic collaboration with InEnTec Inc. ("InEnTec").
HUI holds an exclusive license to InEnTec's advanced plastic waste-to-hydrogen
technology in the entire MENA region. This exclusivity positions HUI as the
sole operator to deploy InEnTec's proprietary technology to convert
challenging waste streams - indestructible mixed waste plastics, hazardous
waste, medical waste, and tyres into sustainable hydrogen solutions. The
partnership is intended to strengthen HUI's local execution capability, reduce
delivery risk, and accelerate its ability to bring cutting-edge hydrogen
projects to the Kingdom and wider region.

It is expected that the MoU will support  HUI's engagement with the Saudi
Investment Recycling Company ("SIRC"), the Kingdom's national waste management
entity, laying the groundwork for the intended deployment of its facilities
and technology at scale.

Hydrogen Systems is a Saudi Arabia-based leader in hydrogen infrastructure and
a premier developer of energy solutions across the region, with a strong
emphasis on green hydrogen for mobility applications. The company provides
comprehensive, end-to-end services, including engineering, procurement,
construction, operations and management. With a proven history of delivering
diverse hydrogen solutions, spanning from generation to mobility and
industrial use cases, including collaborations with global players like Shell
Hydrogen on green hydrogen for mobility, the company possesses deep expertise
in scaling clean energy technology. This directly supports the long-term
energy transition and decarbonization targets outlined in the Kingdom's Vision
2030, serving as the EPC for the development of the world's largest hydrogen
refuelling infrastructure in Saudi Arabia, setting benchmarks for large-scale
deployment. For more information on Hydrogen Systems, please
visit https://h2systems.sa (https://h2systems.sa/) .

The MoU establishes a non-binding framework for collaboration and is expected
to progress to definitive agreements as individual projects advance. HUI
believes this partnership materially enhances local execution capability and
supports the Kingdom's growing energy transition and sustainable hydrogen
initiatives.

Sattam Alsuwailem, Hydrogen Systems' CEO, commented: "This collaboration marks
a significant step toward advancing sustainable hydrogen solutions in Saudi
Arabia. By combining Hydrogen Systems' regional EPC and O&M expertise with
HUI's proven gasification technology and InEnTec's process innovation, we aim
to deliver cutting-edge projects that convert waste into clean energy,
supporting both environmental goals and economic growth."

Aleksandra Binkowska, CEO of Hydrogen Utopia International PLC, commented:

"It is a privilege to be working with a partner as capable and experienced as
Hydrogen Systems. Their strong boots-on-the-ground presence in Saudi Arabia
and proven ability to deliver and operate hydrogen infrastructure give us real
confidence as we move forward. It is also very important to me that their
vision aligns closely with InEnTec's, HUI's, and our shared commitment to
meeting the objectives and criteria of Saudi Vision 2030. Combined with our
exclusive rights to InEnTec's plastic waste-to-hydrogen technology for Saudi
Arabia and the wider region, this partnership puts us in a strong position to
roll out this technology efficiently and responsibly."

 

Iman Ramani, Representative of Hydrogen Utopia International PLC in the
Kingdom of Saudi Arabia, commented: "This partnership represents a meaningful
step forward for Hydrogen Utopia in Saudi Arabia. Hydrogen Systems' proven
experience in delivering and operating hydrogen infrastructure across the GCC
significantly strengthens our local capabilities. As we continue our
engagement with SIRC, this collaboration enhances our ability to deploy
high-quality waste-to-hydrogen facilities that align with the Kingdom's
circular economy and net-zero objectives."

 

For further information, please contact:  

 Hydrogen Utopia International PLC                          +44 7795235181

 Aleksandra Binkowska                                        

 Alfred Henry Corporate Finance (Corporate Advisor)         +44 (0) 20 8064 4056 

 Nick Michaels/Maya Klein Wassink                            

                                                              
 Capital Plus Partners Limited (Broker)                     +44 (0)207 432 0505 

 Dominic Berger                                               

   
 Novum Securities Limited (Broker)                          +44 20 7399 9400  

 Jon Belliss/Colin Rowbury                                    

  

 

About Hydrogen Utopia International PLC  

 

HUI aims to become one of the leading new European companies specialising in
converting non-recyclable mixed waste plastic into hydrogen
and other carbon-free fuels, new materials or distributed renewable
heat.   

A HUI facility uses non-recyclable mixed waste plastic as feedstock and turns
it into syngas from which new products and energy can be produced. HUI
anticipates that its revenues will be derived from a variety of sources,
dependent upon location and configuration of the HUI facilities, including the
sale of syngas, hydrogen and other gases, electricity and heat sales, and the
payment to it of fees for a given quantity of non-recyclable mixed waste
plastic received at a HUI facility.  

HUI will target areas where there is significant private sector interest or
potential, financial backing is accessible and or where substantial EU and/or
government-funded sources of grants and loans are or may be available. The
global increase in fossil fuel-based energy prices reinforces the need for
alternative, price-competitive energy sources, which HUI's business model can
provide.  

 

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