focusIR Fireside Chats podcast - FTSE 250 Fund Manager Reveals Hidden Emerging Market Gems | Infrastructure. Watch here

Less Ads, More Data, More Tools Register for FREE

Hydrogen Utopia signs memorandum with Saudi deployment company

Tue, 06th Jan 2026 16:20

(Alliance News) - Hydrogen Utopia International PLC on Tuesday announced it signed a memorandum of understanding with Saudi Arabia-based deployment company Hydrogen Systems LLC.

The London-based developer of technology to convert non-recyclable waste plastics into hydrogen said under the MoU, Hydrogen Systems will provide engineering, procurement & construction services and operations & management support for Hydrogen Utopia's planned facilities in Saudi Arabia to convert mixed waste and indestructible plastics into hydrogen.

Hydrogen Systems is a hydrogen infrastructure developer and operator of Shell-branded hydrogen refuelling stations.

Hydrogen Utopia said: "It is expected that the MoU will support HUI's engagement with the Saudi Investment Recycling Co, the kingdom's national waste management entity, laying the groundwork for the intended deployment of its facilities and technology at scale."

Hydrogen Systems Chief Executive Officer Sattam Alsuwailem said: "This collaboration marks a significant step toward advancing sustainable hydrogen solutions in Saudi Arabia. By combining Hydrogen Systems' regional EPC and O&M expertise with HUI's proven gasification technology and InEnTec's process innovation, we aim to deliver cutting-edge projects that convert waste into clean energy, supporting both environmental goals and economic growth."

Hydrogen Utopia CEO Aleksandra Binkowska said: "It is a privilege to be working with a partner as capable and experienced as Hydrogen Systems. Their strong boots-on-the-ground presence in Saudi Arabia and proven ability to deliver and operate hydrogen infrastructure give us real confidence as we move forward. It is also very important to me that their vision aligns closely with InEnTec's, HUI's, and our shared commitment to meeting the objectives and criteria of Saudi Vision 2030. Combined with our exclusive rights to InEnTec's plastic waste-to-hydrogen technology for Saudi Arabia and the wider region, this partnership puts us in a strong position to roll out this technology efficiently and responsibly."

Hydrogen Utopia shares rose 2.7% to 3.39 pence each on Tuesday afternoon in London.

By Tom Budszus, Alliance News slot editor

Comments and questions to newsroom@alliancenews.com

Copyright 2026 Alliance News Ltd. All Rights Reserved.

Hydrogen Utopia Shell

Shares in this article

Related News

Director dealings: 3i Group CEO invests, Shell boss makes EUR 1.49m sale
4 hours ago

Director dealings: 3i Group CEO invests, Shell boss makes EUR 1.49m sale

(Sharecast News) - Among the director dealings disclosed to the market in London on Friday, 3i Group chief executive Simon Borrows bought shares in th...

Shell clashes with climate activists in Dutch Supreme Court
5 hours ago

Shell clashes with climate activists in Dutch Supreme Court

(Alliance News) - Shell PLC and climate activists went head-to-head in the Dutch Supreme Court on Friday, the latest hearing in a long-running legal b...

IN BRIEF: Shell chief executive sells EUR1.5 million in shares
6 hours ago

IN BRIEF: Shell chief executive sells EUR1.5 million in shares

Shell PLC - London-based oil major - Chief Executive Officer Wael Sawan sells 40,000 shares at EUR37.17, for EUR1.5 million in total, in Amsterdam on ...