Abundia Secures Rights for Two Additional Plastics Recycling Sites in the U.S.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 15 2025
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Source: PRnewswire
- Expanded Recycling Capacity: Abundia has secured rights to Alterra Energy's advanced recycling technology to develop two additional plastics recycling sites in the U.S., with the potential to process up to 160,000 tons of waste plastic annually, converting it into approximately 105,000 tons of high-value renewable fuel and chemical products, significantly enhancing the company's market position in renewable energy.
- Significant Revenue Potential: Each new recycling site is expected to generate over $200 million in annual revenue, which will substantially improve Abundia's financial performance and support its goal of becoming a leading producer of renewable fuels and chemicals globally.
- Deepened Technological Collaboration: The updated agreement expands Abundia's operational rights in the U.S. from one site to five, further solidifying its partnership with Alterra and demonstrating a shared commitment to accelerating discarded plastic solutions.
- Increased Market Trust: Alterra's Chief Commercial Officer emphasized that the collaboration not only raises the standard for technology performance but also lays the groundwork for the next phase of circular solutions, reflecting strong market trust and support for Abundia.
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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.
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