HyOrc Corporation (HyOrc), a US-headed developer of patented hydrogen-capable combustion and waste-to-fuel systems for the shipping, rail, and off-grid power sectors, has announced the execution of an exclusive 10-year commercial term sheet with PRIO Biocombustíveis S.A (PRIO Bio), a PRIO Group company, for the offtake of green methanol from HyOrc’s planned pilot production facility in Portugal.
PRIO is the largest producer and retailer of biofuels in Portugal, and operates a waste-based biodiesel plant in the Port of Aveiro.
According to a statement, the agreement covers up to approximately 2,800 tonnes per annum of waste-based green methanol from HyOrc’s initial 8-tonnes-per-day module, targeted for commercial operation by the start of 2027.
First HyOrc waste-to-methanol platform in Europe
The Porto project represents the first deployment of HyOrc’s modular waste-to-methanol platform in Europe and is designed to supply certified renewable fuel into tightening maritime and industrial markets.
For the expansion phase, HyOrc has already completed frontend engineering and design (FEED) for an 80-tonnes-per-day green methanol production facility, also planned for Portugal.
In parallel, Bureau Veritas and other such independent technology verification and quality assurance agencies are conducting validation activities at HyOrc’s Tamil Nadu facility in India, including inspection of the company’s existing refuse-derived fuel (RDF) gasification unit, which is to be shipped to Porto, as well as independent sampling and laboratory testing of HyOrc’s produced green methanol.
The validation process is intended to support certification alignment, financing discussions, and progression of the definitive offtake documentation.
The combination of structured offtake alignment and third-party validation significantly advances the Porto project toward financial close. Establishing long-term demand visibility while completing independent technical verification is critical as we move from pilot operations toward scalable commercial deployment, said Lisa Carter, CFO of HyOrc.
Modular expansion strategy
The Porto facility is designed as the first phase of a modular expansion strategy, enabling incremental capacity growth in line with contracted demand and regulatory momentum across European fuel markets.
The term sheet outlines the principal commercial framework required for a definitive agreement, and, except for customary provisions, it is non-binding and subject to completion of long-form documentation and customary conditions.
