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Greece Hungary Powerhouse Energy Group plc (AIM: PHE), the technology company commercialising hydrogen production from waste plastic, is pleased to announce that it has agreed to enter into non-binding Heads of Terms with Hydrogen Utopia International (“HUI”) with a view to granting an exclusive non-transferable licence for the application of its DMG® technology in and . Under the heads of terms HUI will pay Powerhouse €250,000, of which €25,000 is payable immediately with the balance becoming payable when the conditions of the heads of terms are satisfied. Powerhouse will continue...

This follows the non-binding Heads of Terms which PHE signed with HUI in November last year for the application of its technology in Poland. Tim Yeo, Executive Chair of Powerhouse energy, said, “This is part of our long-term vision for rolling out sustainable hydrogen technology internationally. “We believe this will accelerate the clean energy transition in Hungary and Greece and provide both countries with a solution to end-of-life plastic.” Aleksandra Binkowska, CEO of Hydrogen Utopia International, said, “with having three territories under our umbrella, I believe that the DMG® s...

Powerhouse Energy in talks with partner to extend collaboration beyond Poland The use of this technology, which is designed to convert waste plastic into a syngas and/or hydrogen, is subject to a formal agreement being reached between Powerhouse and Hydrogen Utopia Powerhouse Energy Group PLC (LON:PHE) said its relationship with Hydrogen Utopia International (HUI) could be extended beyond Poland to include Greece and Hungary. HUI, which is looking at deploying Powerhouse’s waste-to-energy DMG technology in Poland, has expressed an interest in broadening the relationship. If the two parties ...

POWERHOUSE ENERGY GROUP PLC - Exclusivity agreement - technology in Greece and Hungary PR Newswire Powerhouse exclusivity agreement to deploy technology in Greece and Hungary Powerhouse Energy Group plc (AIM: PHE), the UK technology company commercialising hydrogen production from waste plastic, is pleased to announce that it has agreed to enter into non-binding Heads of Terms with Hydrogen Utopia International ("HUI") with a view to granting an exclusive non-transferable licence for the application of its DMG technology in Greece and Hungary. Under the heads of terms HUI will pay Powerhouse ...

Staff Movements in the World of Freight and Logistics Announced This Week Those Appointments and Departures in Brief WORLDWIDE – UK – Mark Dickinson has been re-elected as General Secretary of Nautilus International to serve a five year term of office to 2026. Dickinson’s candidacy was unopposed. This will be his fourth term in the role. UK – Transport union RMT has annoucned that Mick Lynch has been elected as the union's new General Secretary, succeeding Mick Cash. Before being elected as General Secretary, Lynch has been twice elected as RMT Assistant General Secretary and has twic...