S&P GSCI Bio fuel Index

Index

Market Closed - USA 03:36:47 2024-04-26 pm EDT			5-day change	1st Jan Change
144.6 ^PTS	-0.21%		+0.57%	-5.58%

Apr. 24	Nikkei Says Japan And Brazil To Sign Decarbonization Deal At May Summit	RE
Apr. 24	Council of State upholds Eni appeal on Eni Diesel+ case	AN

Hydrogen Utopia names GBP500 million reverse takeover buyer as Helmond

February 27, 2024 at 06:34 am EST

(Alliance News) - Hydrogen Utopia International PLC on Tuesday announced its proposed acquisition by Helmond Holding Group Corp.

This confirmed its announcement on Monday that it was considering a reverse takeover worth GBP500 million from an unnamed company.

Hydrogen Utopia is a London-based operator of facilities that turn non-recyclable mixed waste plastic into hydrogen and other carbon-free fuels, while Helmond is a "substantial and profitable" international bio-energy company incorporated in the British Virgin Islands, according to Hydrogen Utopia.

Hydrogen Utopia said it expects the development of its waste plastic to hydrogen technology combined with Helmond's "established biofuels production business will lead to the re-admitted company becoming a dominant player not only in the biofuels but also in the hydrogen market."

Shares in Hydrogen Utopia were down 24% to 9.20 pence each in London on Tuesday morning.

By Greg Rosenvinge, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	S&P GSCI BIO FUEL INDEX	144.6 PTS	-0.21%	+0.57%	-
	HYDROGEN UTOPIA INTERNATIONAL PLC	9 GBX	+2.86%	+7.14%	43.22M

Latest news about S&P GSCI Bio fuel Index

Nikkei Says Japan And Brazil To Sign Decarbonization Deal At May Summit	Apr. 24	RE
Council of State upholds Eni appeal on Eni Diesel+ case	Apr. 24	AN
Biofuels refiner Ecoceres expects Malaysia unit to start up in second half 2025	Apr. 22	RE
Trudeau government urged to walk the talk on Canada's climate policies	Apr. 17	RE
Neste, Boeing Sign Record Order for Sustainable Aviation Fuel	Apr. 16	MT
Sweden will miss its climate goals without policy changes, environment agency says	Apr. 12	RE
Corn drops on good US planting weather, wheat wilts after rally	Apr. 08	RE
Emissions model for aviation fuel will be ready 'in the very near future', says EPA administrator	Apr. 05	RE
S-Oil Obtains Certifications to Produce Sustainable Aviation Fuel	Apr. 05	MT
ABB: agreement with Cap Clean Energy for SAF production	Mar. 22	CF
CERAWEEK-Brazil exploring ways to import gas from Argentina's Vaca Muerta play, energy minister says	Mar. 21	RE
BP to reduce German refinery's oil processing capacity -executive	Mar. 20	RE
Investors Flocking Back to Energy Transition, Panelists Say -- OPIS	Mar. 19	DJ
Shell weakens green targets but backs 2050 net zero ambition	Mar. 14	AN
Shell to Slow Pace of Carbon-Emission Cuts -- 2nd Update	Mar. 14	DJ
Shell Specifies Scope 3 Emissions Target, Confirms Investment Plan Under Updated Energy Transition Strategy	Mar. 14	MT
EIA Cuts Forecast for 2024 Renewal Diesel Demand, Boosts 2025 Outlook -- OPIS	Mar. 12	DJ
Apical sets sights on more sustainable aviation fuel in SE Asia, Europe	Mar. 12	RE
Jeep Maker Stellantis to Invest $6.08 Billion in South America	Mar. 06	DJ
Chevron idles two US Midwest biodiesel plants as profits slip	Mar. 01	RE
Oil & Natural Gas Corp. Forms Green Energy Arm	Feb. 28	MT
Pertamina to intensify exploration in Indonesia's east amid higher oil, gas output targets	Feb. 28	RE
US biofuel credit prices hit 3-year low, expected to stay weak, EIA says	Feb. 27	RE
Hydrogen Utopia notes planned reverse takeover target renaming	Feb. 27	AN
Hydrogen Utopia Says Helmond Holding to Change Name	Feb. 27	MT

Headlines

Indices: Euro Stoxx 50 on top, Kospi in slow motion

April 23, 2024 at 11:41 am EDT