Hydrogen Utopia Intl (AQSE: HUI) Guy Peters, Executive Chairman Interview

Guy Peters, Executive Chairman gives an introduction to the company and what they hope to achieve in 2022.

Today the company announced that it has signed a letter of intent (“LOI”) with Mitsubishi Heavy Industries Ltd (“Mitsubishi”) whereby Mitsubishi will review the technology and explore the commercial opportunities for developing waste plastic to hydrogen facilities, incorporating Powerhouse Energy’s DMG® technology, in Japan.

Mitsubishi will have a period of one year to review the technology under the LOI, unless extended by mutual consent. Any decision to deploy the technology would be subject to further detailed agreement(s) between the parties.

Hydrogen Utopia International PLC was admitted to the Access segment of AQSE and the commencement of trading on  6 January 2022, under the ticker “HUI” and ISIN number GB00BMFR8J48.

Guy Peters, Executive Chairman of HUI, commented:

“The listing is an important milestone in HUI’s development. We are pioneering the use of technology to turn non-recyclable waste plastics into hydrogen – addressing the major environmental threat posed by waste plastic and providing alternative energy sources which are not dependent upon the use of coal, natural gas, oil and fossil fuel-derived electricity.”

“I would like to thank our new and existing shareholders for their support and I look forward to providing updates on our progress as our business develops.”

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