Hydrogen Utopia International PLC exercised its call option to acquire 49% stake in Ohrid Organics Limited.

Hydrogen Utopia International PLC is a United Kingdom-based company. The Company is specializing in converting non-recyclable mixed waste plastic into hydrogen and other carbon-free fuels, new materials or distributed renewable heat. It also focuses on identifying opportunities across continental Europe (and other jurisdictions) to build Hydrogen Utopia plants to provide hydrogen, syngas, electricity and heat to end customers. Its facilities use non-recyclable mixed waste plastic as feedstock and turn it into a syngas from which new products, such as hydrogen and other gases, electricity and distributed heat can be produced. Its technology converts plastics from a waste material that is otherwise difficult to recycle, to valuable hydrogen and syngas products. Its waste plastic to energy plants offers a viable solution, generating syngas from which hydrogen can be extracted or which can be used as a fuel in its own right or as a gas engine fuel for producing electricity.