Business
Abundia Global Impact Group, Inc. Advances Its Plastics Recycling Facility with Alterra Energy’s Technology Platform
Abundia advances its licensing agreement by delivering site notification to Alterra Energy for the deployment of its plastics liquefactions technology at Abundia’s Cedar Port Renewable Energy Complex HOUSTON, TX, Dec. 09, 2025 (GLOBE NEWSWIRE) -- Abundia Global Impact Group, Inc. (NYSE American: AGIG) (“Abundia” or the “Company”), today announced that it has progressed in its licensing agreement with Alterra Energy (“Alterra”) towards the development of a technology and commercialization platfor
About this update from Abundia Global Impact Group Inc.
[{"type":"image","alt":"Abundia Global Impact Group, Inc.","displaySize":"","headline":null,"caption":"Abundia Global Impact Group, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":73,"url":"https://media.zenfs.com/en/globenewswire.com/c3752415e8229be3470a4f912169d3f9"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/iLgw6n.FoEnisJWSBZvR_g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTEwMjtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/c3752415e8229be3470a4f912169d3f9","width":300,"height":73}},"lazy":false},{"type":"text","content":"Abundia advances its licensing agreement by delivering site notification to Alterra Energy for the deployment of its plastics liquefactions technology at Abundia’s Cedar Port Renewable Energy Complex ","length":214,"tagName":"p"},{"type":"text","content":"HOUSTON, TX, Dec. 09, 2025 (GLOBE NEWSWIRE) -- Abundia Global Impact Group, Inc. (NYSE American: AGIG) (“Abundia” or the “Company”), today announced that it has progressed in its licensing agreement with Alterra Energy (“Alterra”) towards the development of a technology and commercialization platform to convert discarded plastic into renewable fuels and chemical products. Following the critical step of solidifying the project’s infrastructure with the recent acquisition of the Baytown Site in Texas, its Cedar Port Innovation Center, Abundia has officially delivered site notification to Alterra to commence the technology design process.","length":648,"tagName":"p"},{"type":"text","content":"Through extensive operations at Alterra’s commercial facility, the technology platform has demonstrated strong and consistent performance across a broad range of post-consumer plastic feedstocks. Alterra’s fully continuous, catalyst-free reactor and process design using standard industrial equipment has proven its robustness by delivering high liquid yields and stable product quality that meets the requirements of downstream processors. Historically, Alterra’s technology and process designs have successfully manufactured a commercial grade liquified product that aligns with Abundia’s business focus of turning waste into high-value renewable fuels and chemical products.","length":677,"tagName":"p"},{"type":"text","content":"“We have made significant strides in the transformation of our business with a view to becoming one of the...