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HyOrc Corporation completed its application for uplisting to the OTCQB market and is advancing its first industrial-scale green methanol facility in Portugal. The company is in negotiations for a ten-year offtake agreement for its Porto facility, which will produce eight tonnes of green methanol daily.

Additionally, a major global energy trading group has expressed interest in future expansion, with potential supply volumes of 25,000 tonnes per year. The developments support HyOrc's shift to an execution-oriented infrastructure company, with a focus on project financing.

Demand for green methanol is driven by FuelEU Maritime regulations. HyOrc is also advancing its rail decarbonisation strategy with retrofitted locomotives.