Hydrogen Utopia International "did very well" in 2022 despite "challenging circumstances"
May 02, 2023 at 06:29 am
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Hydrogen Utopia International PLC (LSE:HUI, AQSE:HUI, OTCQB:HUIPF) CEO Aleksandra Binkowska speaks to Proactive's Thomas Warner after releasing final results for calendar year 2022. She gives her take on the highlights from the year, saying that she believes the company did "very well under very challenging circumstances", adding that the future "belongs to the bold."
She also talks about HUI's achievements from the post-period, providing updates on the company's operations in Ireland and on a burgeoning collaboration with British fashion veteran Harold Tillman CBE.
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Hydrogen Utopia International PLC is a United Kingdom-based company. The Company is specializing in converting non-recyclable mixed waste plastic into hydrogen and other carbon-free fuels, new materials or distributed renewable heat. It also focuses on identifying opportunities across continental Europe (and other jurisdictions) to build Hydrogen Utopia plants to provide hydrogen, syngas, electricity and heat to end customers. Its facilities use non-recyclable mixed waste plastic as feedstock and turn it into a syngas from which new products, such as hydrogen and other gases, electricity and distributed heat can be produced. Its technology converts plastics from a waste material that is otherwise difficult to recycle, to valuable hydrogen and syngas products. Its waste plastic to energy plants offers a viable solution, generating syngas from which hydrogen can be extracted or which can be used as a fuel in its own right or as a gas engine fuel for producing electricity.