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Aduro Clean Technologies Graduates from Shell GameChanger Program
Globenewswire· 2025-12-16 13:00
LONDON, Ontario, Dec. 16, 2025 (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, is pleased to announce its successful graduation from the Shell GameChanger program. This milestone marks the culmination of a multi-year collaboration under Shell’s Chemical Decar ...
Aduro Clean Technologies Reports Successful Pilot-Scale Steam-Cracking of Plastic-Derived Hydrochemolytic™ Oil
Globenewswire· 2025-11-20 13:00
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]
Aduro Clean Technologies Provides Update on NGP Pilot Plant Commissioning
Globenewswire· 2025-10-30 11:00
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]
Aduro Clean Technologies Reports First Quarter Fiscal 2026 Results and Provides Business Update
Globenewswire· 2025-10-16 11:00
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]
GreenMantra receives $10M loan from Closed Loop infrastructure group
Yahoo Finance· 2025-09-17 13:29
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]
Aduro Clean Technologies Europe Joins Dutch Trade Delegation at Expo 2025 Osaka Japan
Globenewswire· 2025-09-16 11:00
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]
Aduro Clean Technologies to Participate in September Technical Conferences Across Europe and North America
Globenewswire· 2025-09-10 11:00
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]
Aduro Clean Technologies to Participate in September Conferences and Initiates Public Relations Campaign
Globenewswire· 2025-09-04 11:00
Core Insights - Aduro Clean Technologies Inc. is actively participating in several investor and industry events in September 2025 to enhance its brand visibility and industry presence [1] - The company has initiated a public relations campaign with KCSA Strategic Communications to support its communication and marketing efforts [6][7] Event Participation - Aduro will present at the H.C. Wainwright 27th Annual Global Investment Conference from September 8-10, 2025, providing access to institutional investors and industry leaders [2] - The company will also participate in the Gabelli Funds 3rd Annual PFAS Symposium on September 17, 2025, focusing on market opportunities related to environmental challenges [3] - Aduro is set to represent itself at the Nasdaq New York Climate Week Forum on September 23, 2025, discussing sustainable innovation and climate-focused investments [4] Public Relations Strategy - The KCSA Agreement includes expanded public relations services, such as media relations, ESG positioning, and amplification of technical and commercial milestones [7][8] - KCSA will deliver services across various platforms, including financial news outlets and social media, for a term of six months starting September 8, 2025, at a cost of US$10,000 per month [9]
Aduro Clean Technologies Reports Fourth Quarter and Fiscal Year 2025 Results and Provides Business Update
Globenewswire· 2025-08-28 11:00
Core Insights - Aduro Clean Technologies Inc. reported significant advancements in its strategic initiatives during fiscal year 2025, including the construction of its Pilot Plant and expanded feedstock testing [2][5][17] - The company experienced a 31% decrease in revenue year-over-year, totaling CAD $231,212 for fiscal year 2025, while operational losses increased by 63% to CAD $12,145,790 [4][5] - Aduro's financial position remains strong, with a cash balance of CAD $6.96 million at year-end, up 147% from the previous year [6][5] Financial Performance - Revenue for Q4 2025 was CAD $74,670, a 27% decrease from CAD $102,250 in Q4 2024 [5] - The total revenue for fiscal year 2025 was CAD $231,212, down from CAD $337,516 in fiscal year 2024 [4][5] - Loss from operations for Q4 2025 was CAD $3,716,774, compared to CAD $1,792,219 in Q4 2024 [5] Operational Developments - The construction of the NGP Pilot Plant is progressing, with commissioning activities expected to begin in September 2025 [2][15][16] - Aduro signed a Memorandum of Understanding (MOU) with NexGen Polymers to explore the development of a demonstration-scale HCT plant [7][8] - A strategic collaboration with Siemens Canada was established to enhance automation and control systems for the Pilot Plant [9][10] Feedstock and Technology Innovations - Aduro is testing synthetic turf waste using Hydrochemolytic™ Technology, showing promising results in converting complex materials into shorter-chain hydrocarbons [22][23] - An MOU with Cleanfarms Inc. was signed to evaluate agricultural plastics that are difficult to recycle, aiming to generate data on the feasibility of HCT for these materials [11][12] - The company engaged Delphi for a Life Cycle Assessment of HCT, focusing on its environmental impact compared to traditional recycling methods [13][14] Strategic Partnerships and Industry Engagement - Aduro joined the Plastics Industry Association and the Polystyrene Recycling Alliance to enhance its network and collaboration opportunities within the recycling sector [20][21] - The company appointed David Weizenbach as Chief Operating Officer to strengthen operational leadership during the transition to pilot-scale execution [18][19]
Aduro Clean Technologies Welcomes David Weizenbach as Chief Operating Officer
GlobeNewswire News Room· 2025-06-26 11:00
Core Insights - Aduro Clean Technologies Inc. has appointed David Weizenbach as Chief Operating Officer effective July 1, 2025, to support the company's expansion and pilot-scale execution [1][3][4] Company Overview - Aduro Clean Technologies specializes in clean technology, transforming lower-value feedstocks such as waste plastics and heavy bitumen into valuable resources using patented water-based technologies [7] Leadership Appointment - David Weizenbach brings over 30 years of experience in engineering leadership and operations, including 25 years at NOVA Chemicals, where he developed expertise in process automation and capital project delivery [2][5] - His recent consulting role with Aduro involved operational planning and scale-up strategy, facilitating a smooth transition into the COO position [3][4] Operational Focus - Weizenbach's leadership is expected to enhance the commissioning of the Next Generation Process (NGP) pilot plant and establish a foundation for demonstration-scale facilities and commercial deployment [2][4][6] - His background in managing complex technical environments and guiding organizations through technology transitions will be crucial for Aduro's operational framework [2][6] Technology and Innovation - Aduro's Hydrochemolytic™ Technology operates at relatively low temperatures and costs, utilizing water as a critical agent to convert low-value feedstocks into higher-value resources [7]