Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
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We know that PHE and HUI have a collaboration agreement, but I think it would help to put a stop to all the "FUD" if they could mention each other in their reports, where appropriate of course.
Dr A that’s a very good point about the GTIC. I hope that there a good collaborative working relationship between PHE and HUI for mutual benefit of getting DMGs up and running. It just seems PHE are doggedly focused on Peel alone while HUI are going there own way and appear to be making significant progress by comparison, and PHE rarely comment on or acknowledge HUI updates.
Doc, I think that the board were playing for time on that score just to say that they were doing something. If they wanted such a plant just ask Chester university if they can build a slightly larger unit to replace the one that looks like a product from the scrap heap challenge program.
Exactly. Looks like HUI are not letting the grass grow and this will all change once the FOAK is in place.
You have called it right there Super. As long as the IP rights to the process are sound then anyone can build a plant. And they still have to pay the licence fee for each year they are in operation.
In my view this is great news and is a buying opportunity. Just topped up as this could move up when the announcement is digested.
Just topped up
Dr A Maybe it's a bit early in the morning but you've got me in a fuddle - what is FUD?
Nothing mentioned on HUI’s own website at the moment
Note Keith Riley is also the recently appointed PHE non executive Chairman.
Presumably the same Keith Riley thats just taken on the NEC role at PHE?
It's looking abysmal at PHE, the BOD needs a clean out.
Wouldn't be surprised to see this company go pop.
Very regrettable 20k investment
28 June 2022
Hydrogen Utopia International PLC
(the "Company" or "HUI")
Waste plastic to hydrogen testing programme
Hydrogen Utopia International PLC (AQSE:HUI), a company pioneering non-recyclable waste plastics to hydrogen technology, is pleased to announce that the design of its waste plastic to hydrogen system has reached an advanced stage and a programme of testing will now commence.
HUI has been working in collaboration with Electron Technologies BV ("Electron") in the Netherlands since May 2021 on the design of a unique thermal processing system for the conversion of waste plastics to hydrogen. Electron and HUI have considered the thermochemistry of the entire process from basic principles and the equipment design has been developed accordingly.
The system pyrolyses plastic in the absence of air at a temperature of up to 500°C, which produces a synthetic gas ("syngas"). It then subjects the syngas to a higher temperature conversion step. A test rig is currently in the final stages of assembly to test the first lower temperature pyrolysis stage of the system.
Electron, with HUI's help, is currently sourcing suitable plastic material to use in the tests, which are expected to take place next month.
Subject to the results of the tests, the system design will be adjusted if and as necessary. Testing of the high temperature unit will follow.
Keith Riley, Director of HUI, commented:
"I am pleased with the progress made to date by Electron and its engineering design subcontractor, Vicoma, on the development of this new system for creating syngas from waste feedstocks. Linde Engineering has also been involved in the design interfacing to ensure consistency between the equipment supplied by Electron and Linde Engineering. We now look forward to the testing phase and eventually manufacture of the system for installation at site."
Jos Koelewijn, CEO of Electron, commented:
"I am delighted with the announcement of this milestone in the development of a full scale plant for the conversion of plastics to syngas and hydrogen. This project is a result of the combined efforts of HUI and Electron, which will enable waste transition on a global scale."
Yes me too ,, link please i cannot find one !!
Well I have to admit to being somewhat confused also!
https://www.londonstockexchange.com/news-article/market-news/waste-plastic-to-hydrogen-testing-programme/15514163
I thought it was just me that was confused!
Got a link Tatty?
Today HUI announce they have built a system ready for testing with the help of the Dutch engineers Electron and input from Linde. No mention of PHE or any comment from PHE. I’m finding this HUI relationship confusing.