Abundia Secures Alterra Energy Technology to Expand U.S. Plastics Recycling Projects
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 15 2025
0mins
Abundia Global Impact Group announces that it has secured additional rights to Alterra Energy's Advanced Recycling technology to develop and operate two more plastics recycling sites in the United States. "This has greatly expanded Abundia's opportunity in the U.S.," stated Ed Gillespie, Abundia's Chief Executive Officer. "With each additional site, we have the potential to convert up to 160,000 tons of waste plastic per year to approximately 105,000 tons of high-value renewable fuel and chemical product. At today's prices, this amount of product has the potential to generate over $200 million in revenue annually per site. The additional U.S. sites support Abundia in its quest to become one of the largest producers of renewable fuels and chemicals globally."
Discover Tomorrow's Bullish Stocks Today
Receive free daily stock recommendations and professional analysis to optimize your portfolio's potential.
Sign up now to unlock expert insights and stay one step ahead of the market trends.
Analyst Views on AGIG
About AGIG
Abundia Global Impact Group, Inc., formerly Houston American Energy Corp., develops scalable, commercially proven pathways that convert waste plastics and certified biomass into drop-in fuels and low-carbon chemical feedstocks. The Company converts waste into high-value fuels and chemicals using commercially demonstrated pyrolysis technologies, flexible upgrading pathways, and a waste-to-value model that diverts material from landfills and incineration. It is also developing the Cedar Port Renewable Energy Complex, and it is located in Baytown, Texas, which integrates waste-to-fuel operations, an R&D Innovation Center, and market-ready upgraded infrastructure.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Metals & Mining Stocks Surge 17.9% Led by Critical Metals
- Metals & Mining Performance: On Wednesday, metals and mining stocks collectively rose by approximately 2.5%, with Critical Metals leading the charge at a remarkable 17.9% increase, indicating a strong rebound in the sector that may attract more investor interest.
- Uranium Stocks Surge: Uranium Energy shares climbed by about 9.9%, reflecting increased market confidence in nuclear-related investments, which could drive further developments in this sector.
- Sector Leaders: Oil & Gas Exploration and Production, along with Metals & Mining stocks, emerged as Wednesday's sector leaders, suggesting relative strength in these areas within the current market environment, potentially drawing more capital inflows.
- Improved Market Sentiment: The overall positive market sentiment, highlighted by the rise in metals and mining stocks, may signal signs of economic recovery, with investors increasingly optimistic about future growth prospects.
Continue Reading
Abundia Global Impact Group to Acquire RPD Technologies by Q1 2026, Boosting Expansion Plans
- Acquisition Announcement: Abundia Global Impact Group plans to complete the acquisition of Houston-based RPD Technologies by Q1 2026, which is expected to significantly enhance the company's expansion strategy and R&D capabilities in refining and renewable technologies.
- Innovation Center Development: The company aims to finish Phase 1 of the Cedar Port Innovation Center in Q2, which will serve as its operational headquarters and technology hub, expected to act as the 'central command' for renewable fuel commercialization.
- Waste Plastics Project: The second phase of the waste plastics-to-renewable fuels and chemicals plant is projected to be completed by 2029, at which point the company anticipates starting commercial production and generating revenue, marking a significant advancement in its sustainability efforts.
- Technology Rights Expansion: Abundia recently secured expanded rights to Alterra Energy's recycling technology, allowing it to develop and operate two additional plastics recycling sites in the U.S., further strengthening its competitive position in the environmental technology sector.
Continue Reading