RE RE PHE and HUI5 Nov 2025 18:54
Investment Registration Certificate by KSA's MISA
Hydrogen Utopia International PLC (LSE: HUI), a company holding the right to negotiate access to exclusive licenses for the deployment of InEnTec's proven PEM Melter technology and developing its own technology to convert non-recyclable plastic waste into hydrogen and other low-carbon fuels, is delighted to announce that it has been granted an Investment Registration Certificate by the Ministry of Investment of Saudi Arabia ("MISA").
The MISA Investment Registration Certificate provides HUI with full legal standing and authorisation to operate in the Kingdom as a 100% foreign-owned entity. This enables HUI to establish a Saudi branch or subsidiary, hire personnel, lease facilities, and participate in both public and private-sector projects. This framework positions HUI to engage with leading Saudi entities in advancing plastic waste-to-hydrogen and decarbonisation projects in the region.
The Investment Registration Certificate also grants HUI eligibility to access Saudi government tenders, incentive schemes, and research and development collaborations under Vision 2030.
Vision 2030 is Saudi Arabia's national transformation programme, a comprehensive strategic framework designed to diversify the Kingdom's economy, reduce its dependence on oil revenues, and accelerate the transition to a sustainable, innovation-driven future. A central pillar of Vision 2030 is the development of renewable energy and low-carbon technologies, supported by large-scale national initiatives.
HUI holds the right to negotiate access to exclusive licenses for the deployment of InEnTec's TRL9 Plasma Gasification Technology across the Middle East and North Africa (MENA) region. This proven and patented technology converts non-recyclable waste plastic and hazardous waste into low-carbon, low-cost hydrogen and syngas, offering a scalable and commercially viable route to industrial decarbonisation, especially in the steel industry, to replace natural gas with hydrogen in the DRI steel process.
Aleksandra Binkowska, CEO of Hydrogen Utopia International PLC, commented: "Securing a MISA Investment Registration Certificate represents a major step forward for HUI. It gives us a formal platform to establish operations in Saudi Arabia and to bring our proprietary circular economy technologies to one of the most ambitious clean energy markets in the world. I would also like to extend my sincere thanks to Iman Ramani, whose professionalism and dedication were instrumental in securing this Investment Registration Certificate. We are thrilled to have him representing HUI in Saudi Arabia and helping us build lasting relationships in the Kingdom."
Sign In
Follow the stocks
