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Abundia advances its licensing word via handing over web site notification to Alterra Power for the deployment of its plastics liquefactions era at Abundia’s Cedar Port Renewable Power Advanced
HOUSTON, Dec. 9, 2025 /PRNewswire/ — Abundia International Affect Workforce, Inc. (NYSE American: AGIG) (“Abundia” or the “Company”), as of late introduced that it has advanced in its licensing word with Alterra Power (“Alterra”) in opposition to the advance of a era and commercialization platform to transform discarded plastic into renewable fuels and chemical merchandise. Following the crucial step of solidifying the undertaking’s infrastructure with the hot acquisition of the Baytown Web site in Texas, its Cedar Port Innovation Middle, Abundia has formally delivered web site notification to Alterra to start the era design procedure.
Alterra, Akron
Thru intensive operations at Alterra’s industrial facility, the era platform has demonstrated sturdy and constant efficiency throughout a huge space of post-consumer plastic feedstocks. Alterra’s absolutely steady, catalyst-free reactor and procedure design the use of same old business apparatus has confirmed its robustness via handing over imposing liquid handovers and solid product trait that meets the necessities of downstream processors. Traditionally, Alterra’s era and procedure designs have effectively manufactured a industrial grade liquified product that aligns with Abundia’s trade focal point of turning misuse into high-value renewable fuels and chemical merchandise.
“We have made significant strides in the transformation of our business with a view to becoming one of the largest producers of sustainable fuels and energy transition technologies. Advancing our licensing agreement with Alterra is a critical next step for the Company,” said Ed Gillespie, Leading Government Officer of Abundia. “We have worked diligently to get to this point, and we are excited to commence the process with Alterra in the buildout of Abundia’s first commercial plant. We have confidence that Alterra delivers an industry “easiest at school” platform, and we look forward to working with the Alterra team to bring this project to final development.”
“Abundia’s confidence in our renewables focused technology and its vision for advancing circular solutions is a major step forward in “Fixing Plastic Air pollution®”, said Fred Schmuck, Chief Executive Officer of Alterra. “We’re venerated to spouse with Abundia because it pursues this pivotal undertaking.”
About Abundia Global Impact Group, Inc.
Abundia Global Impact Group, Inc. (NYSE American: AGIG), formerly Houston American Energy Corp., is a low-carbon energy company focused on converting waste into value. Headquartered in Houston, Texas, we are developing commercial-scale facilities that transform waste plastics and biomass into drop-in fuels and low-carbon chemical feedstocks. Our flagship project at Cedar Port positions Abundia at the center of the Gulf Coast’s energy and chemical infrastructure, with access to feedstock supply chains, upgrading partners, and end markets.
For more information, please visit www.abundiaimpact.com.
Forward-Looking Statements
This press release contains forward-looking statements regarding the Company’s current expectations. Words such as “plans,” “believes,” “be expecting,” “intends,” “would possibly,” “will,” “may just,” “predicts,” and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, references to the Company’s expectations regarding the Company’s operations and capabilities to provide the Company’s products and services in the future. The statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Factors that could cause actual results to differ materially from those set forth in such forward-looking statements include, but are not limited to, risks and uncertainties related to there being no guarantee that the trading price of the Company’s common stock will be indicative of the Company’s value or that the Company’s common stock will become an attractive investment in the future. These and other risks and uncertainties are described more fully in our filings with the U.S. Securities and Exchange Commission. The information in this press release is provided only as of the date of this press release, and we undertake no obligation to update any forward-looking statements contained in this press release based on new information, future events, or otherwise, except as required by law.
About Alterra Energy
Alterra is the developer, operator, and licensor of its thermochemical liquefaction process technology that renews discarded plastic back into its original building blocks, thus minimizing reliance on new, fossil-derived materials for the manufacturing of new plastic products. Our Akron, OH plastics circularity facility is the only full-scale, continuous plant of its kind. Through the global deployment of our technology, we are Solving Plastic Pollution®. Read more: https://alterra360.com/.
Investors:
CORE IR
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SOURCE Alterra
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