
18 Mar 2024
PROGRESSIVE: Hydrogen Utopia: Longford Project joint venture re-energised
Hydrogen Utopia (HUI) has re-agreed terms for a 50/50 joint venture with Powerhouse Energy Group (PHE) for the development of a waste plastics to hydrogen plant at a facility in County Longford in the Republic of Ireland. The Longford Project JV was originally agreed in March 2023. This new agreement is an important step for HUI towards getting its first plant up and running, with the combined skillsets of the companies helping to bring this project to fruition. Separately, HUI has recently provided updates on initial sales at Ohrid Organics and an exciting potential acquisition of a bio-fuels business.

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PROGRESSIVE: Hydrogen Utopia: Longford Project joint venture re-energised
Hydrogen Utopia International PLC (HUI:LON) | 1.4 0 0.0% | Mkt Cap: 5.45m
- Published:
18 Mar 2024 -
Author:
Peter Hitchens -
Pages:
2 -
Hydrogen Utopia (HUI) has re-agreed terms for a 50/50 joint venture with Powerhouse Energy Group (PHE) for the development of a waste plastics to hydrogen plant at a facility in County Longford in the Republic of Ireland. The Longford Project JV was originally agreed in March 2023. This new agreement is an important step for HUI towards getting its first plant up and running, with the combined skillsets of the companies helping to bring this project to fruition. Separately, HUI has recently provided updates on initial sales at Ohrid Organics and an exciting potential acquisition of a bio-fuels business.