REG - Hydrogen Utopia Intl - KSA Expert Assists In Deploying InEnTec Technology

Hydrogen Utopia InternationalAnnouncement

Mon 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250915:nRSO3015Za&default-theme=true

RNS Number : 3015Z  Hydrogen Utopia International PLC  15 September 2025

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
publication of this announcement via the Regulatory Information Service,
this inside information is now considered to be in the public domain. 
  

15 September 2025

Hydrogen Utopia International PLC

 

(the "Company" or "HUI")

KSA Expert Assists In Deploying InEnTec Technology

Hydrogen Utopia International PLC ("HUI"), a company pioneering the conversion
of non-recyclable mixed plastic waste into hydrogen, carbon-free fuels, new
materials, and distributed renewable heat, is delighted to announce the
appointment of Mr Iman Ramani as its official representative for the Gulf
Cooperation Council ("GCC"), with a strong focus on unlocking opportunities in
the Kingdom of Saudi Arabia ("KSA").

The appointment of Mr Iman Ramani marks a major milestone in HUI's
international growth strategy, targeting one of the world's fastest-growing
hubs for innovation, investment, and sustainability. With the KSA set to
invest hundreds of billions of dollars into clean energy, waste management,
and decarbonisation under Vision 2030, HUI is strategically positioning itself
at the centre of this unprecedented market shift.

HUI is advancing InEnTec's Plasma Enhanced Melter ("PEM") technology - a
proven TRL 9 system that converts all forms of indestructible waste into
ultra-pure hydrogen, carbon-free fuels, and clean materials. Based on an
identified project requiring 40-60k tons of hydrogen and with a significant
grant anticipated in line with KSA Vision 2030, the process is expected to
deliver green hydrogen at a cost of $2 or less per kilogram, making it one of
the most competitive and scalable solutions available today. For the KSA and
the wider GCC, this technology represents a game-changing opportunity to
accelerate energy transition, reduce landfill, and build a global hub for
clean hydrogen production. We will be targeting steel and cement plants with
multiple PEM melters systems operating in tandem.

Mr Iman Ramani, based between Riyadh and London, brings more than 20 years of
entrepreneurial and technology leadership experience across international
markets. He has successfully founded, scaled, and exited multiple ventures and
today plays a pivotal role in advancing national strategies across the
world.  His network spans the highest levels of government and industry, with
active collaborations with, among others, the Research, Development and
Innovation Authority (RDIA), the Public Investment Fund (PIF), NEOM, the
Ministry of Environment, Water and Agriculture (MEWA), the Ministry of
Investment (MISA) & the Ministry of Health (MoH) , and leading
universities such as King Saud University, King Saud bin Abdulaziz University
for Health Sciences, and  King Abdullah University of Science and Technology
(KAUST).

Alongside his role at HUI, Mr Iman Ramani continues to drive innovation as the
leader of Phytome KSA, supporting advances in biotechnology, food security,
and healthcare.

This appointment underlines HUI's determination to establish itself as a
leading player in the GCC's clean energy and waste-to-hydrogen sector. With
proven technology, a compelling cost advantage, and now a high-level
representative embedded in the KSA, HUI is well-positioned to capture
significant commercial opportunities in one of the most ambitious clean energy
markets in the world.

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

"Iman's appointment is a strategic breakthrough for HUI. Saudi Arabia is
investing at scale to lead the global energy transition, and our technology is
perfectly aligned with this ambition. Iman's unparalleled experience,
credibility, and government-level network make him the ideal partner to
accelerate HUI's entry into this multi-trillion-dollar market. With his
leadership on the ground, we are confident that HUI can capitalise on the vast
opportunities presented by Vision 2030, establishing a powerful platform for
long-term growth and shareholder value creation."

Iman Ramani commented: "Saudi Arabia is moving faster than anywhere in the
world to deliver on clean energy and sustainability, and I am honoured to
support HUI in entering this market at such a transformative moment. My focus
will be on connecting HUI with the right institutions, investors, and
government stakeholders to ensure that its waste-to-hydrogen technology
becomes a cornerstone of the Kingdom's energy transition. By leveraging my
experience and long-standing relationships across Saudi Arabia and the wider
GCC, I believe we can help establish HUI as a key contributor to Vision 2030
and beyond."

For further information, please contact: 

 Hydrogen Utopia International PLC                       +44 20 3811 8770 

 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. 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  STRLIMFTMTIBBPA