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LONDON - Hydrogen Utopia International PLC (HUI) announced Friday it has prepared a presentation for potential licensees of InEnTec’s waste-to-hydrogen technology in Saudi Arabia and Oman.
The company, which specializes in converting non-recyclable mixed waste plastic into hydrogen and other carbon-free products, is seeking to negotiate exclusive licenses for InEnTec’s technology across the Middle East and North Africa (MENA) region.
According to the company’s statement, the technology has reached Technology Readiness Level 9 (TRL9), indicating it is fully proven, and is protected by over 70 patents.
CEO Aleksandra Binkowska stated that both Saudi Arabia and Oman have made hydrogen a priority in their energy strategies, creating potential opportunities for the company’s waste conversion technology.
"The fundamental mission of addressing indestructible waste and converting it into clean energy, with a primary focus on hydrogen, remains at the core of our strategy," Binkowska said in the press release.
The company claims it has already received interest from several companies in the region, though no specific organizations or potential deals were identified in the announcement.
HUI’s business model focuses on transforming non-recyclable waste plastic into hydrogen, other carbon-free fuels, new materials, or distributed renewable heat.
The presentation detailing the company’s plans for regional expansion is available on the company’s website.
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