HyOrc rebrands as HYOR, advancing green methanol plants in Europe and hydrogen locomotive retrofits across India, EU, and UK.
HyOrc Corporation, a clean energy technology pioneer specializing in hydrogen combustion systems and waste-to-fuel solutions, has officially confirmed that its new name and ticker symbol are effective on the OTC markets. The company’s common stock now trades under the symbol HYOR, marking a significant milestone in its corporate evolution. This change is not only a rebranding measure but also reflects HyOrc’s strong momentum as it pushes forward with its flagship green methanol projects and hydrogen-powered locomotive program.
The company has recently completed front-end engineering design for a cutting-edge hydrogen combustion system capable of converting municipal waste into methanol. The initial plants are planned for Scunthorpe, UK, and Porto, Portugal, both of which are currently undergoing permitting procedures and on-site technical studies. Once operational, each facility is projected to produce up to 80 tons of green methanol per day, providing a sustainable, scalable pathway to meet rising global demand for low-carbon marine fuels.
HyOrc’s broader strategy focuses on establishing a reliable network of methanol production hubs across the UK, Germany, Portugal, and Spain. These hubs are aimed at supporting the shipping industry in meeting the International Maritime Organization’s (IMO) 2030 emission reduction targets. The European rollout of five methanol facilities is projected to generate approximately $1.8 billion in revenue over the next decade, underscoring the strong commercial viability of the initiative.
Parallel to its methanol projects, HyOrc is making notable strides in its hydrogen locomotive program. The company is currently engaged in negotiations to launch pilot projects in India, the EU, and the UK. This initiative leverages HyOrc’s patented hydrogen-capable powertrain technology to retrofit existing diesel locomotives, transforming them into efficient, zero-emission units. With an estimated retrofit cost of around $2.5 million per locomotive, the potential market is substantial given the 75,000-plus diesel locomotives currently in operation across these regions. This represents a multi-billion-dollar opportunity for HyOrc as countries accelerate efforts to decarbonize rail transportation.
Andrea Magalini, HyOrc’s Director for Business Development, emphasized that the transition to trading under the HYOR ticker goes beyond a simple name change. According to Magalini, “This rebranding represents the growing momentum of our business and the expanding opportunities in both green fuels and hydrogen mobility. With two methanol projects advancing toward permitting and an expanding pipeline in the shipping and rail industries, HyOrc is establishing itself as a leader in practical and scalable decarbonization solutions.”
HyOrc’s dual focus on marine fuel alternatives and hydrogen-powered rail retrofits highlights its commitment to delivering innovative, commercially viable technologies that support global climate goals while creating long-term value for stakeholders.
