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Abundia Global Impact Group ( (AGIG) ) has provided an announcement.
On December 15, 2025, Abundia Global Impact Group announced an expansion of its technology rights under the Alterra License Agreement, allowing the development of two additional plastics recycling sites in the United States. This expansion is expected to significantly increase Abundia’s revenue generation potential, as each site could convert up to 160,000 tons of waste plastic annually into renewable fuel and chemical products, potentially generating over $200 million in revenue per site. This development underscores the company’s commitment to becoming a leading producer of renewable fuels and chemicals globally and highlights the strength of its partnership with Alterra Energy.
More about Abundia Global Impact Group
Abundia Global Impact Group, Inc., formerly Houston American Energy Corp., is a low-carbon energy company based in Houston, Texas. The company focuses on converting waste into value by developing commercial-scale facilities that transform waste plastics and biomass into drop-in fuels and low-carbon chemical feedstocks.
Average Trading Volume: 254,630
Technical Sentiment Signal: Sell
Current Market Cap: $57.14M
For an in-depth examination of AGIG stock, go to TipRanks’ Overview page.