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HyOrc secures industrial site and fast-tracks permit for Portugal green methanol project

Company Fundamentals
07 Apr 2026
GlobeNewsWire
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Bullish
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HyOrc Corporation and MO.RE.DA. Oils have formed a 50-50 joint venture to develop a waste-to-methanol pilot plant at an existing industrial site in Guilhabreu, Portugal. The site already holds an industrial operating permit, allowing the project to pursue a quicker permit amendment process rather than a full new permit, speeding up development. The pilot plant will use HyOrc's 35-tonne-per-day RDF gasification system to convert municipal waste into synthesis gas for methanol production, marking HyOrc's first commercial demonstration in Europe. This strategic partnership and existing infrastructure provide a strong foundation for advancing green methanol technology in the European market.

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