Hydrogen Utopia Intl - Aquis Showcase Event
RNS Number : 5670H
Hydrogen Utopia International PLC
24 November 2022
 

 25 November 2022

Hydrogen Utopia International PLC

 (the 'Company' or 'HUI')

 

The VSA Capital Aquis Showcase Event

Hydrogen Utopia International PLC, a company pioneering non-recyclable waste plastics to hydrogen technology, is pleased to announce that the Company will be presenting at the VSA Capital Aquis Showcase Event on Tuesday 29th November 2022 at the Royal College of Surgeons of England, 38-43 Lincoln's Inn Fields, London WC2A 3PE.

HUI will also be hosting a stand to meet investors throughout the day.

For further information on The VSA Capital Aquis Showcase Event and to register for tickets, please visit The VSA Capital, Aquis Showcase Event Tickets, Tue 29 Nov 2022 at 08:00 | Eventbrite

Enquiries:

Hydrogen Utopia International PLC

Aleksandra Binkowska/Guy Peters                          +44 20 3811 8770     

Alfred Henry Corporate Finance Limited (AQSE Corporate Adviser)

Jon Isaacs                                                                            +44 20 3772 0021                                                                                                                                

Novum Securities Limited (Broker)                                                                    

Jon Belliss/Colin Rowbury                                            +44 20 7399 9400                                                                                                           

 

About Hydrogen Utopia International PLC

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

 

An 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 an 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. An increase in fossil fuel-based energy prices reinforces the need for alternative, price competitive energy sources, which HUI's business model can provide.

The pressing need to deal with growing amounts of waste plastic combined with a real momentum in the use of hydrogen from renewable sources may pave the way for a rapid deployment of and investment in HUI facilities.

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