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Published on: January 3, 2024

2024 starting well

Hydrogen Utopia International (HUI), the waste plastic to hydrogen company, has announced that it has exercised its option to acquire a 49% stake in Ohrid Organics, the North Macedonian medical cannabis producer. The cash flows from Ohrid Organics are expected to provide the funding for HUI to develop its pioneering waste plastic to hydrogen projects, with the initial focus on progressing its proposed plant in County Longford, Ireland. HUI is developing a portfolio of prospective plants across Europe, although it will not be pursuing its projects in Greater Poland for now because of local political resistance.

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