Topsoe to support Abundia Global Impact Group’s innovative plastic waste to fuel projects

• Energy solutions company Abundia Global Impact Group has selected Topsoe’s HydroFlex® technology for the production of renewable fuels based on plastic waste at their three planned North American facilities.
  
  
• The first of the three facilities will be located in Baytown, Texas, and each facility is expected to produce 1,500 barrels of renewable fuels per day when fully operational.
  
  
• Final investment decision for the Baytown site is expected by the end of 2026, with operations anticipated to begin in 2029.
  
  

Topsoe, a leading global provider of advanced technology and solutions for the energy transition, has been selected by Abundia Global Impact Group (NYSE American: AGIG) (“Abundia”), a low-carbon energy solutions company focused on converting plastic and biomass waste into high-value low-carbon fuels and chemicals, to deliver its HydroFlex® technology for multiple plastic waste-to-fuel facilities in North America.

Topsoe’s technology will enable the production of renewable fuels and chemicals from plastic waste. The end products are chemical feedstock, diesel and sustainable aviation fuel, which are fully compatible with modern combustion engines and existing fuel infrastructure and can be safely blended with conventional fuels.

Abundia’s plastics facilities will use municipal plastic waste and post-industrial plastics as feedstock, helping divert plastic waste from landfills and supporting a more circular approach to resource use.

The world produces about 353 million metric tons of plastic waste each year, according to the OECD’s Global Plastics Outlook. Only around 9% of this waste is recycled; the remainder is largely treated as waste rather than recognized as a valuable resource.

Henrik Rasmussen, Managing Director of Topsoe Americas said:
"Topsoe's technologies and solutions enable the conversion of liquified plastic waste into fuels. These exciting projects represent an important step in demonstrating new use cases for plastic waste. We're thrilled that Abundia has selected our HydroFlex® technology for these milestone projects and look forward to supporting this important pathway to fuels.”

Ed Gillespie, Chief Executive Officer of Abundia said:
“Topsoe’s HydroFlex® technology is globally recognized for its performance, reliability, and ability to consistently produce high-grade renewable products across the waste-to-value economy. As we integrate this solution into our technology stack, we have confidence that the value of this partnership will not only be realized in our 2026 commercialization plan, but as a long-term strategic component in Abundia’s multi project plan.”

About HydroFlex®

With HydroFlex, customers can convert plastics, fats, oils and greases into drop-in renewable jet and diesel that meet all globally accepted specifications for these fuels. Topsoe’s HydroFlex® can be deployed in both grassroots units and revamps for co-processing or fully renewable applications.

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.

About Topsoe

Topsoe is a leading global provider of advanced technology and solutions for the energy transition.

Built on decades of scientific research and innovation, we are working with customers and partners to drive energy resiliency and to achieve their sustainability goals.

We offer world-leading solutions for transforming renewable resources into fuels and chemicals, and we provide technologies needed to produce low-carbon and conventional fuels and chemicals as well as ensuring clean air.

We were founded in 1940 and are headquartered in Denmark, with over 2,800 employees serving customers all around the globe. To learn more, visit www.topsoe.com.

For more information, please contact:
Gabe Martinez, External Communications Manager
Phone: +45 26 46 78 94
Mail: GAMA@topsoe.com