HyOrc Says Methanol Conference Drew Early Industry Talks
The company said energy firms approached it after a presentation, but discussions remain preliminary and have produced no agreements.
Key takeaways
- HyOrc said energy companies approached it after its conference presentation.
- The discussions are preliminary, with no agreements or commercial arrangements reached.
HyOrc said representatives of major energy companies and other industry participants approached it after its presentation at the Dow Jones: OPIS World Methanol Conference in Rotterdam. The company said the discussions are preliminary and have led to no agreements or commercial arrangements.
CEO Reginald Fubara presented HyOrc’s refuse-derived fuel-to-methanol platform and its strategy for commercial deployment. The company is targeting a levelized production cost of about €350 per tonne for low-carbon methanol.
HyOrc said it is following up on the discussions as it advances its first commercial waste-to-methanol deployment in Porto.
This article was produced with the help of AI technology. Source: Yahoo Finance
