REG - Hydrogen Utopia Intl - Super Green Hydrogen at sub $3 delivered in GCC

Hydrogen Utopia InternationalAnnouncement

18/08/2025 07:00

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RNS Number : 6907V  Hydrogen Utopia International PLC  18 August 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. 

18.08.2025

Hydrogen Utopia International PLC

(the "Company" or "HUI")

SUPER GREEN HYDROGEN AT SUB $3 DELIVERED IN GCC

Hydrogen Utopia International PLC (HUI), a company specialising in converting
non-recyclable mixed waste materials into low-carbon hydrogen, expresses its
deep concern over the recent failure of the United Nations negotiations in
Geneva. The talks, intended to deliver binding commitments on plastic
pollution, concluded without meaningful progress. This outcome undermines
global efforts not only to tackle plastic waste, but also to address other
waste such as hazardous waste,  and medical waste, items largely comprised of
plastic, that urgently demand sustainable solutions.  According to the OECD,
by 2030, global plastic waste is projected to reach approximately 500 million
tonnes per year, up from around 400 million tonnes in 2022. This increase
reflects ongoing growth in plastic production and the low rates of recycling
worldwide.

At HUI, we find this perplexing, given that proven ecologically viable
solutions, with high IRRs already exist, solutions we have identified and are
ready to implement. However, we believe that the barrier to rolling out
waste-to-hydrogen facilities has never been the technology, which, in the case
of InEnTec Inc.'s technology, is a fully proven TRL 9 (fully commercialised)
technology; rather, it's the challenge of assembling the right combination of
financing partners and long-term off-take agreements in regions that have no
real interest in tackling the plastic problem.

We believe success lies in TRL 9 technology deployed at the right scale, in
the right location, with the right returns.
 

THE GCC STRATEGY

By concentrating on TRL 9 commercial systems in the GCC, where permitting
processes are minimal, often completed within weeks, and where visionary
leadership is investing billions in truly green hydrogen, HUI is positioned to
act swiftly. HUI entered into a binding outline agreement with InEnTec Inc.,
announced on 25 July 2025, which grants HUI an exclusive period to negotiate
access to exclusive licences to InEnTec's technology, a TRL9 (fully
commercialised) technology throughout the MENA region. HUI plans to establish
Special Purpose Vehicles (SPVs) for each project deploying 50,000 tons of
hydrogen annually per SPV. These SPVs will enable HUI to earn management fees
and retain equity stakes, aligning long-term value creation with project
execution. We envisage thousands of such systems globally after being proven
in the GCC.

We are shifting our focus away from smaller,  automotive applications toward
large-scale industrial end-users capable of consuming at least 50,000 tonnes
of hydrogen, processing 250,000 tons of mixed waste plastic, annually. Our
model centres on modular plastic waste-to-hydrogen (without excluding RDF and
MSW)  co-located with cement facilities, particularly in the GCC, where the
infrastructure is ripe for decarbonisation through CCUS (Carbon Capture,
Utilisation and Storage), including Enhanced Oil Recovery (EOR).

The GCC hosts approximately 42 cement factories, including integrated plants
and cement mills.  This robust industrial footprint offers an ideal setting
for our co-location strategy, enabling economies of scale and streamlined
logistics without having to transport hydrogen, which is very expensive.  By
situating our systems alongside cement and steel  plants, HUI aims to convert
up to 250,000 tonnes of mixed waste plastic per SPV annually. With government
support, this scale could underpin 30-year offtake agreements at as low as the
threshold required to make hydrogen a commercially viable alternative to
natural gas.

GREENER THAN GREEN

Crucially, some GCC governments, unlike the European Union, recognise hydrogen
from waste as "super green," offering support for such technologies, unlike
renewable-powered hydrogen, which currently receives no state backing. This
foresight creates a unique opportunity for HUI to advance waste-to-hydrogen
projects at scale in the region.

HUI has already held promising early discussions with potential offtakers in
the GCC countries, where only a non-binding Letter of Intent (LOI) is required
to advance negotiations with funders who are excited about the IRRs we expect
to deliver.

Aleksandra Binkowska, Chief Executive Officer of HUI, commented: "Plastic,
which derives from fossil fuels, is everywhere in our world.  It's cheap,
versatile, and essential for our survival, and it's going nowhere.  Only 6-9
% of it can be recycled. Roughly 90 % of it is mismanaged in illegal landfills
and dumped in oceans. When harnessed properly and converted into clean fuel,
plastic transforms from a challenge or an enemy into a powerful ally in the
fight for decarbonisation. It is not our enemy; it is a friend that has helped
humanity progress and can now help us build a sustainable future."

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. 

 

 

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