HiiROC Revenue and Competitors

HiiROC is a technology company established in 2019 to develop and commercialise its plasma torch technology in the production of hydrogen from biomethane, flare gas and natural gas through Thermal Plasma Electrolysis. HiiROC's proprietary technology enables the low-cost, zero emission production of hydrogen at a comparable cost to steam methane reforming but without the emissions and using only one fifth of the energy required by water electrolysis. Plants can be small to industrial scale based on the modular design and can be located at the point of demand thereby avoiding transport costs and enabling the use of existing infrastructure. The solid carbon black by-product has applications ranging from tyres, building materials and as a soil enhancer. Its production using HiiROC’s technology avoids the emissions and pollution inherent in the predominant oil furnace manufacturing process. HiiROC employs around 40 people with its development centre located in Hull, UK.