Engagement of J. Surma to Support SAF Development
Hydrogen Utopia International PLC has engaged Jeffrey E. Surma, President and CEO of InEnTec Inc., to support the engineering and development of projects utilizing InEnTec's PEM® gasification technology, a key step in HUI's strategy to produce Sustainable Aviation Fuel from non-recyclable waste plastic. Surma's extensive experience in developing and commercializing this technology is expected to significantly strengthen and de-risk HUI's project pipeline as it progresses towards commercial deployment. This engagement is seen as a crucial addition to HUI's capabilities in advancing its waste-to-value opportunities, particularly in the growing SAF sector.
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Hydrogen Utopia International PLC (LSE: HUI), a pioneering company transforming non-recyclable waste plastic into hydrogen, clean fuels and advanced materials, focusing on advanced fuels such as jet fuel and Sustainable Aviation Fuel is delighted to announce that it has engaged Jeffrey E. Surma, President, Chief Executive Officer and Vice Chairman of InEnTec Inc. ("InEnTec"), to work alongside HUI's technical consultants in support of the engineering and development of projects incorporating InEnTec's PEM® (Plasma Enhanced Melter) gasification technology.
The engagement represents an important step in HUI's strategy to advance the engineering and development of its project pipeline towards future commercial deployment with the objective of developing facilities capable of processing difficult-to-recycle waste streams and converting them into valuable products, especially Sustainable Aviation Fuel ("SAF") which is currently at the centre of HUI's strategy.
Jeffrey Surma is one of the principal pioneers and developers of the PEM® gasification technology on which InEnTec's commercial platform is based. His involvement with the technology extends back to its development at the Pacific Northwest National Laboratory ("PNNL"), where he spent almost ten years directing major research programmes focused on new methods of transforming waste. At PNNL, Jeff Surma led multi-million-dollar research projects involving the development of advanced plasma processing technologies. He subsequently led a multi-institutional team comprising researchers from PNNL and the Massachusetts Institute of Technology developing plasma technologies which were subsequently commercialised through InEnTec.
Most importantly, Jeffrey Surma is responsible for the design and development of the PEM® gasification technology system, a core component of InEnTec's technology platform, which has demonstrated the ability to gasify a broad range of difficult-to-process plastics.waste streams, including non-recyclable waste plastic.
Jeffrey Surma's engagement is regarded by the Company as a significant addition to HUI's project development capabilities. His first-hand experience spans the full lifecycle of plasma gasification technology, from its origins in federal research programmes through to its commercialisation and industrial deployment. The Board believes that his involvement will materially strengthen and de-risk the engineering and development of HUI's projects as they progress towards potential commercial deployment and that his continued contribution will play a central role in supporting HUI as it advances its project portfolio.
Aleksandra Binkowska, Chief Executive Officer of Hydrogen Utopia International PLC, commented: "It is with the utmost honour that we welcome Jeff Surma to HUI. As the inventor behind InEnTec, Jeff brings a depth of know-how, expertise, and knowledge that few in this field can match, the product of nearly three decades dedicated to pursuing a singular vision: a technology capable of transforming what the world discards into what the world desperately needs. In InEnTec, that vision has become reality - the only solution I have found, after years of searching, that truly delivers. To now have the privilege of bringing his technology and his expertise to the GCC and the UK, converting waste into jet fuel, is nothing short of the fulfilment of a dream I have long held. This partnership marks not just a milestone for HUI, but a meaningful step toward a cleaner, more resourceful future."
Jeffrey E. Surma, President, Chief Executive Officer and Vice Chairman of InEnTec Inc., commented: "I'm genuinely excited to support HUI's team and see the InEnTec technology deployed across two markets where sustainable aviation is really gaining momentum. The UK and Saudi Arabia are both positioning themselves as leaders in the SAF sector, and having the opportunity to support implementation in both regions-with such strong market conditions-is exactly the kind of impact I envisioned when developing this solution. I'm looking forward to supporting the HUI team to scale the SAF and other waste to value opportunities in these regions and contribute to the industry's transition toward more sustainable operations. The intractable problem of extracting value from otherwise unrecyclable plastics is an extremely important endeavor and I am excited to have HUI as a licensee of the InEnTec technology to solve this significant problem"
Hydrogen Utopia International PLC
Aleksandra Binkowska
Alfred Henry Corporate Finance Limited (LSE Corporate Adviser)
Nick Michaels/Maya Klein Wassink
Clear Capital Markets (Broker)
Bob Roberts
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