Energy

Hydrogen Utopia International plc

Market Cap (£m) 22.0
Listing AQSE

Analysts

Company Description

Hydrogen Utopia International has the exclusive licence to exploit a pyrolysis technology that was developed by Powerhouse Energy in Poland, Hungary and Greece. It also has non-exclusive rights in all other global regions outside of the UK. The process converts non-recyclable mixed plastic waste into a combustible syngas that can be further processed to yield pure hydrogen. HUI and its engineering partners have considerably enhanced the process to allow the company to market a flexible range of solutions to the global plastic waste problem to municipalities and waste companies worldwide.

Investment Summary

Hydrogen Utopia International has been able to fast track its entry into the waste plastic to hydrogen market by licencing a technology that has already been fully developed. Key to its early commercialisation will be the company’s ability to provide a flexible range of solutions to customers and its ability to access substantial financial project support from environmental improvement grants and zero carbon transition funds. HUI already has a pipeline of potential projects and news is expected soon on initial funding applications.

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Company Management Team

  • Aleksandra Binkowska

    Chief Executive Officer

    Entrepreneur with international experience across transportation, tourism, media and creative industries. Founder of the Plastic Neutrality Pledge Foundation.

  • James Nicolls-May

    Chief Financial Officer

    James, a Management and Mathematics graduate from the University of Sheffield, was latterly Head of Finance at ASL Global, a global marketing services group comprising some 55 entities and previously he was European Finance Manager for Airways Aviation Academy Limited. He trained as an accountant with Enstar, a leading global insurance group specialising in claims management.

Key Dates

Jun 2022
30th
Finals
Actual
Sep 2022
5th
AGM
Actual
Nov 2022
15th
Interims
Estimate
Jun 2023
30th
Finals
Estimate
Sep 2023
5th
AGM
Estimate