Industrial Scale-Up Facility Planned within the Chemelot Site to Support Future DevelopmentLONDON, Ontario, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Aduro Clean Technologies Inc. (“Aduro” or the “Company”) (Nasdaq: ADUR) (CSE: ACT) (FSE: 9D5), a clean technology company using the power of chemistry to transform lower value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21st century, today announced it has selected Chemelot Industrial Park (“CIP”) in Sittard-Geleen, Nethe ...

LONDON, Ontario, Jan. 15, 2026 (GLOBE NEWSWIRE) -- Aduro Clean Technologies Inc. (“Aduro” or the “Company”) (Nasdaq: ADUR) (CSE: ACT) (FSE: 9D5), a clean technology company using the power of chemistry to transform lower value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21st century, announced that it has filed its interim condensed consolidated financial results for the three and six months ended November 30, 2025, and is pleased to provide the following highl ...

Core Insights - Aduro Clean Technologies Inc. has reported significant operational and financial milestones in its interim condensed consolidated financial results for the second quarter of fiscal 2026, highlighting advancements in its clean technology initiatives and capital position [1][2]. Financial Highlights - Quarterly revenue for Q2 2026 was CAD $122,706, representing a net increase of 222% compared to CAD $38,143 in Q2 2025. Year-to-date revenue for the six months ending November 30, 2025, was CAD $167,206, an 80% increase from CAD $93,143 during the same period in 2024 [5][7]. - Loss from operations for Q2 2026 was CAD $(6,461,987), a 107% increase from CAD $(3,114,712) in Q2 2025. Year-to-date loss for the six months ending November 30, 2025, was CAD $(12,787,005), a 129% increase from CAD $(5,577,244) in the same period of 2024 [5][7]. - Adjusted EBITDA for Q2 2026 was CAD $(3,299,026), compared to CAD $(1,887,750) for Q2 2025. Year-to-date adjusted EBITDA for the six months ending November 30, 2025, was CAD $(5,553,410), compared to CAD $(3,634,498) for the same period in 2024 [5][7]. Operational Developments - The commissioning of the Next Generation Process Pilot Plant has commenced, marking a transition from construction to operational phases, with significant milestones achieved in collaboration with engineering partners [8][9][10]. - Aduro has initiated a Demonstration Plant program, including a non-binding letter of intent for acquiring a brownfield industrial site in the Netherlands for €2 million, which is under evaluation for its potential as a future plant location [11][13]. - The company has begun engineering trials using industrial-scale equipment to support the Demonstration Plant program, focusing on processing contaminated and mixed waste plastics [15]. Capital Position - Aduro strengthened its capital position with a U.S. public offering that raised approximately US$20 million, intended to support the Demonstration Plant program and ongoing research and development [2][19]. - As of November 30, 2025, the company maintained a strong cash position of CAD $13.04 million, up from CAD $6.96 million in Q4 2025 [5][7]. Strategic Collaborations and Engagements - Aduro entered into a multi-year collaboration agreement with ECOCE in Mexico to evaluate the application of its Hydrochemolytic™ Technology on post-consumer materials [20]. - The company participated in various investor and technical conferences globally, enhancing its engagement with stakeholders in the chemicals, plastics, and recycling sectors [17][18].

Core Insights - Aduro Clean Technologies Inc. has successfully graduated from the Shell GameChanger program, marking a significant milestone in the development of its Hydrochemolytic™ Technology (HCT) aimed at decarbonizing the chemical sector [1][5] Group 1: Technology Development - The Hydrochemolytic™ Technology was recognized for its potential to produce high-quality hydrocarbons from mixed waste plastics, providing a promising route for decarbonization in chemical manufacturing [2] - Technical evaluations demonstrated that the patented chemistry achieved over 80 percent liquid hydrocarbons with reduced gas and char formation, indicating advantages in feedstock flexibility and process efficiency [3] - The technology is capable of converting complex, contaminated waste plastics into high-quality liquid hydrocarbons using readily available industrial equipment, supporting the transition to a circular economy [4] Group 2: Program Outcomes - Graduation from the Shell GameChanger program confirms the successful validation of Aduro's process-design model, enhancing confidence in scaling up from a continuous flow reactor to a Next Generation Process Pilot Plant and future Demonstration Plant [4][5] - The collaboration with Shell provided insights that are instrumental for optimizing process performance and the engineering design of the Demonstration-scale facility, which is targeted for an input capacity of approximately 8,000 tonnes per year [4] Group 3: Future Plans - Aduro plans to maintain communication with Shell to provide updates on the operations of its newly commissioned Pilot Plant and progress towards the Demonstration-scale facility [5] - The company is focused on advancing its Hydrochemolytic Technology and preparing for commercialization, following the successful conclusion of the external validation process [5]

Core Insights - Aduro Clean Technologies has successfully completed pilot-scale steam-cracking trials, demonstrating that its Hydrochemolytic™ oil can be processed without hydrotreatment or dilution, yielding olefins comparable to conventional feedstocks, indicating its potential as a drop-in circular feedstock for steam crackers [1][5][6] Company Overview - Aduro Clean Technologies is focused on transforming lower-value feedstocks, such as waste plastics and heavy bitumen, into valuable resources using patented water-based technologies [9] Technology Validation - The trials conducted in October 2025 at a pilot-scale facility in Europe used a hydrocarbon liquid product derived from mixed waste plastics, confirming the Hydrochemolytic™ oil's suitability for stringent steam-cracker feedstock specifications without costly post-treatment [4][5] - The technology achieves a higher saturation rate and lower impurity content compared to traditional chemical recycling processes, which often require extensive sorting and upgrading [3][4] Economic and Environmental Impact - The ability to use Hydrochemolytic™ oil without additional hydrotreatment or dilution simplifies the processing pathway, potentially reducing capital investment and operational expenses for downstream operators, thereby improving project economics [5][6] - The findings suggest that the technology can help bridge the gap between waste plastic sources and the production of new, virgin-quality plastics, enhancing both economic and environmental models [6][7] Future Directions - Aduro plans to collaborate with global partners to further evaluate feedstock quality, scalability, and integration pathways for its Hydrochemolytic™ Technology, marking a significant step in its commercialization pathway [8][9]

Core Insights - Aduro Clean Technologies Inc. is progressing with the commissioning of its Next Generation Process (NGP) Pilot Plant, which is crucial for validating its Hydrochemolytic™ Technology and preparing for future scale-up [1][3][7] Commissioning Progress - The NGP Pilot Plant has advanced from Phase 1 to Phase 2 commissioning, with Phase 1 focusing on assembly and installation of major systems, and Phase 2 concentrating on integrated operations and process tuning [4][5][8] - All major systems, including the extruder and automation controls, are now installed and undergoing staged commissioning [8] - The commissioning roadmap is structured, with activities planned to continue through November and into mid-December 2025 [5][8] Key Partnerships - Zeton Inc. and Siemens Canada are key partners in the commissioning phase, providing engineering, fabrication, and automation support [6][9] - The collaboration with these partners is essential for ensuring reliable process performance and data acquisition during the commissioning [6][9] Technology and Future Plans - The Hydrochemolytic™ Technology aims to transform lower-value feedstocks into valuable resources, operating at relatively low temperatures and costs [10] - The data and experience gained from the Pilot Plant will inform the design and commissioning of a future Demonstration Plant with an initial capacity of 8,000 tons per year [3][9]

Core Insights - Aduro Clean Technologies Inc. is advancing towards commercial readiness with significant progress in the construction of its Next Generation Process (NGP) Pilot Plant and the initiation of commissioning activities [2][16][17] - The company has strengthened its financial position through a public offering, raising approximately US$9.2 million, which will support ongoing projects and research initiatives [8] - The first quarter of fiscal 2026 showed a decrease in revenue and an increase in operational losses, attributed to higher non-cash expenses and increased R&D activities [6][7] Financial Highlights - Revenue for Q1 FY2026 was CAD $44,500, a 19% decrease from CAD $55,000 in Q1 FY2025 [6][7] - Loss from operations was CAD $6,325,018 for Q1 FY2026, compared to CAD $2,462,532 for Q1 FY2025, marking a 157% increase [6][7] - Adjusted EBITDA for Q1 FY2026 was CAD $(2,254,384), compared to CAD $(1,746,748) for Q1 FY2025, reflecting a 29% increase in losses [6][7] Operational Developments - The NGP Pilot Plant is entering the commissioning phase, with significant milestones achieved in construction and system integration [16][17][18] - The company has initiated a global site-selection process for its planned Demonstration Plant, focusing on locations in Canada, Europe, and Mexico [2][21] - Testing of synthetic turf waste as a feedstock for the Hydrochemolytic™ Technology has been completed, demonstrating the technology's adaptability [13] Leadership and Strategic Initiatives - Aduro appointed David Weizenbach as Chief Operating Officer to enhance operational execution and support the commissioning of the NGP Pilot Plant [9] - The company has engaged in industry collaborations, joining the Plastics Industry Association and the Polystyrene Recycling Alliance to advance recycling solutions [11] - A marketing and investor awareness program has been launched to increase brand visibility and stakeholder engagement [14][15] Subsequent Events - The commissioning of the NGP Pilot Plant began in September 2025, transitioning from construction to operational readiness [17][18] - The company participated in various investor and technical conferences to update stakeholders on its progress and technology [19][20]

Group 1 - Chemical recycling, also known as molecular or advanced recycling, is a range of technologies that process plastics down to their molecular building blocks for new product use [3] - Closed Loop Infrastructure Group emphasizes the need for diversified solutions, including mechanical and molecular recycling technologies, to optimize plastics recovery in North America [4] - The firm is focused on funding and monitoring chemical recycling projects as part of its Circular Plastics investment strategy, which aims to improve polypropylene (PP) and polyethylene (PE) recovery in the U.S. and Canada [5] Group 2 - GreenMantra Technologies, a Canadian chemical recycling company, has received a $10 million loan from Closed Loop Infrastructure Group to enhance its processing capabilities [8] - The loan will enable GreenMantra to purchase new equipment and is expected to increase the output of specialty products by about 50% [8] - GreenMantra utilizes a depolymerization process to convert hard-to-recycle PE and PP plastics into specialty waxes and polymer additives [8]

Core Insights - Aduro Clean Technologies Inc. is participating in the Dutch trade delegation to Japan, focusing on innovative chemical recycling and sustainable chemistry [1][2][3] - The mission aims to promote international collaboration in energy transition and circular economy, coinciding with Expo 2025 Osaka [2][3] - Japan's commitment to recycling and decarbonization presents a significant market opportunity for Aduro, as the country actively invests in advanced chemical recycling [3][4] Company Overview - Aduro Clean Technologies specializes in patented water-based technologies for chemically recycling waste plastics and converting heavy crude into valuable oil [6] - The company's Hydrochemolytic™ Technology operates at low temperatures and costs, transforming low-value feedstocks into valuable resources [6] Strategic Engagement - Aduro Europe will present Hydrochemolytic™ Technology and recent development progress during the trade mission, aiming to establish partnerships in Asia [4][5] - The company's CEO emphasizes the importance of this engagement for strengthening relationships in Asia and advancing commercial pathways for Hydrochemolytic™ Technology [5]

Core Insights - Aduro Clean Technologies Inc. is actively participating in a series of technical and industry-focused conferences in September 2025 to showcase its Hydrochemolytic™ Technology and engage with stakeholders across various sectors [1][2] Group 1: Conference Participation - Aduro will present advancements in its Hydrochemolytic™ Technology at the Pyroliq III 2025 conference, which focuses on pyrolysis and liquefaction of biomass and wastes [3] - At the Chemical Recycling Europe Forum 2025, Aduro will engage with industry leaders and policymakers to discuss the role of chemical recycling in a circular economy [4] - The company will also exhibit and present its technology at the International Refining & Petrochemical Conference (IRPC) 2025, targeting refiners and petrochemical companies [5] Group 2: Technology and Strategy - Hydrochemolytic™ Technology is a patented water-based process that converts low-value feedstocks, such as waste plastics and heavy bitumen, into valuable resources [8] - The company's strategy emphasizes engagement across the full value chain to drive the transition to a circular economy, enhancing visibility and recognition among stakeholders [6]