Agreement expected to supply 40,000 tons per year of plastic waste feedstock, representing approximately 50% of the expected requirement for Abundia's first Cedar Port plant
HOUSTON, TX, June 09, 2026 (GLOBE NEWSWIRE) -- Abundia Global Impact Group, Inc. (NYSE:AGIG) ("Abundia" or the "Company"), a low-carbon energy solutions company focused on converting biomass and plastics waste into high-value low-carbon fuels, today announces that it has entered into a long-term strategic agreement (the "Agreement") with Frankfort Plastics, Inc. ("Frankfort Plastics") to supply 40,000 tons per year of Polyolefin Plastic Waste ("POP") to the Company's Cedar Port Waste to Fuels facility for the production of renewable fuels and low-carbon chemicals. The volume represents approximately 50% of the expected feedstock requirement for Abundia's first planned Cedar Port plant, making the Agreement an important step in the Company's effort to build a commercial-scale waste-to-fuel platform.
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