Photo by Magda Ehlers. Pexels.com
Longford could become the location for a full scale waste plastic to hydrogen facility.
Hydrogen Utopia International PLC, a company pioneering non-recyclable waste plastics to hydrogen technology, has announced that it has entered into an agreement with Fisherstown Property Holdings Limited in relation to the proposed lease of a 2.5 acre greenfield site in the 78-acre Logeco Logistics & Energy Park at Fisherstown, Clondra, Co Longford.
And Hydrogen Utopia International anticipates that this will lead to its first operational full scale waste plastic to hydrogen facility in Europe.
A statement by Hydrogen Utopia International (HUI) says "the Longford site has its own electrical grid connection and an electrical substation and the potential for HUI to utilise the existing waste water treatment facilities on site, which previously serviced a very large denim manufacturing business. Fisherstown Property Holdings (FPH) also has planning permission to build a solar farm, which could potentially provide power for an HUI facility."
FPH anticipates that the Longford site will become an energy park, including other energy facilities such as a proposed electric battery farm.
HUI had previously identified a site in Tipperary for the construction of a HUI facility but 'does not now anticipate progressing' this as it says the proposed Longford site offers 'a better grid connection, potential waste water treatment facilities and good transport connections in an area that is anticipated to receive more EU funding than the proposed Tipperary site'.
HUI says that as a consequence of its decision to focus on the Longford project that their 'working capital position will be substantially better than previously anticipated'.
Guy Peters, Executive Chairman of HUI, commented, "Earlier this year we identified Ireland as a very attractive EU country in which to pioneer a European waste plastic to hydrogen plant. The Longford deal has very significant attractions that have led us to the conclusion that we should focus on the Fisherstown site in Longford to deliver our first plant in Ireland."
Aleksandra Binkowska, CEO of HUI, commented, "I have a vision of a pipeline of HUI waste plastic to energy facilities in Europe and all over the world. The task of finding an appropriate location can be challenging and demanding at times. As pathfinders we are moving aggressively in our pursuit of rolling out as many systems as possible across the globe and turning HUI into a multibillion company. I believe the new location in Longford is another milestone in achieving our vision."
Subscribe or register today to discover more from DonegalLive.ie
Buy the e-paper of the Donegal Democrat, Donegal People's Press, Donegal Post and Inish Times here for instant access to Donegal's premier news titles.
Keep up with the latest news from Donegal with our daily newsletter featuring the most important stories of the day delivered to your inbox every evening at 5pm.