Business
HyOrc & Prio Bio Sign 10-Year Green Methanol Offtake Term Sheet for Porto Project
LISBON, Portugal, March 05, 2026 (GLOBE NEWSWIRE) -- HyOrc Corporation (OTCQB: HYOR) today announced the execution of an exclusive 10-year commercial term sheet with PRIO BIO, S.A. for the offtake of green methanol from HyOrc’s planned pilot production facility in Portugal. The agreement covers up to approximately 2,800 tonnes per year of waste-based green methanol from HyOrc’s initial 8-tonnes-per-day module, targeted for commercial operation by the start of 2027. The Porto project represents t
About this update from Bureau Veritas Sa
[{"type":"image","alt":"HyOrc Corporation","displaySize":"","headline":null,"caption":"HyOrc Corporation","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":58,"url":"https://media.zenfs.com/en/globenewswire.com/a92e033288f9277d70e3aa839e11d1c0"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/2LB8Ud89jnL7oM.JVZ.H_A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTgxO2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/a92e033288f9277d70e3aa839e11d1c0","width":300,"height":58},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/2LB8Ud89jnL7oM.JVZ.H_A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTgxO2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/a92e033288f9277d70e3aa839e11d1c0","width":300,"height":58}},"lazy":false},{"type":"text","content":"LISBON, Portugal, March 05, 2026 (GLOBE NEWSWIRE) -- HyOrc Corporation (OTCQB: HYOR) today announced the execution of an exclusive 10-year commercial term sheet with PRIO BIO, S.A. for the offtake of green methanol from HyOrc’s planned pilot production facility in Portugal.","length":274,"tagName":"p"},{"type":"text","content":"The agreement covers up to approximately 2,800 tonnes per year of waste-based green methanol from HyOrc’s initial 8-tonnes-per-day module, targeted for commercial operation by the start of 2027. The Porto project represents the first deployment of HyOrc’s modular waste-to-methanol platform in Europe and is designed to supply certified renewable fuel into tightening maritime and industrial markets. For the expansion phase, HyOrc has already completed frontend engineering for an 80-tonnes-per-day green methanol production facility, also planned for Portugal.","length":572,"tagName":"p"},{"type":"text","content":"In parallel, Bureau Veritas, and other such independent technology verification and quality assurance agencies, are conducting validation activities at HyOrc’s Tamil Nadu facility in India, including inspection of the Company’s existing RDF gasification unit which is to be shipped to Porto, as well as independent sampling and laboratory testing of HyOrc’s produced green methanol. The validation process is intended to support certification alignment, financing discussions, and progression of the definitive offtake documentation.","length":538,"tagName":"p"},{"type":"image","alt":"25 TPD HyOrc Gasifier","displaySize":"","headline":null,"caption"...