Ecolomondo Appoints Veronique Laberge, CPA as New Member of its Board of Directors

Core Insights - Ecolomondo Corporation has appointed Mrs. Véronique Laberge as a new Director on its Board of Directors, effective immediately, bringing over 20 years of experience in financing and accounting [1][2][3] Company Overview - Ecolomondo Corporation is a Canadian cleantech company specializing in sustainable scrap tire recycling technology, particularly through its proprietary Thermal Decomposition technology (TDP) [4] - The company aims to be a leading player in the cleantech space and contribute to the global circular economy by recovering high-value reusable commodities from scrap tire waste [4] Revenue Streams - Revenue from TDP facilities will be generated from the sale of end-products such as recovered carbon black, oil, gas, fiber, and steel, as well as from tipping fees for processing scrap tires [5] Facility Details - The Hawkesbury facility is a 2-reactor TDP facility capable of processing approximately 1 million scrap tires per year, producing around 4,000 MT of recovered carbon black, 5,000 MT of pyrolysis oil, 2,000 MT of steel, and 1,200 MT of process gas [8] - The Shamrock facility, a 6-reactor TDP facility, is projected to process 5 million end-of-life tires annually, yielding approximately 15,000 MT of recovered carbon black, 18,000 MT of oil, and 7,500 MT of steel [9] Mission and Strategy - Ecolomondo's mission is to participate in a dynamic Circular Economy and increase shareholder value by producing large quantities of recovered resources for reuse in new products [10] - The company plans to expand aggressively in North America and Europe, focusing on building and operating TDP facilities strategically located near feedstock and customers [11] Environmental Impact - The TDP process is designed to reduce greenhouse gas emissions by 90% compared to the production of virgin carbon black, with the Hawkesbury and Shamrock facilities expected to reduce CO2 emissions by 15,000 and 45,000 tons per year, respectively [16]