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[VIDEO ENHANCED] Ecolomondo Releases its Interim Consolidated Financial Statements for the Second Quarter of 2025
Thenewswire· 2025-08-29 13:00
Core Viewpoint - Ecolomondo Corporation has made significant advancements in its sustainable scrap tire recycling technology, particularly in the commercialization of its recovered Carbon Black (rCB) production, which is crucial for revenue generation [2][3][11]. Financial Performance - For the three-month period ended June 30, 2025, Ecolomondo reported revenues of $395,149, marking a 212% increase compared to the same period in 2024, primarily driven by sales of end-products and tipping fees [11]. - The company recorded a loss from operations of $1,042,497 for the quarter, compared to a loss of $443,418 in the same period of 2024 [11]. - A gain of $2,495,209 was recognized due to the modification of long-term debt agreements with Export Development Canada (EDC) [4][11]. Operational Developments - The company successfully installed and commissioned new milling equipment at the Hawkesbury plant, which is essential for ramping up rCB production [2]. - In July 2025, the main off-take client approved the quality of rCB produced, leading to five consecutive purchase orders for truckloads of 23-24 metric tons of rCB [3]. Strategic Initiatives - Ecolomondo is pursuing global expansion by engaging in discussions with strategic partners and planning to build additional TDP turnkey facilities [6]. - A definitive agreement was reached with ARESOL to construct four TDP facilities in the European Union, with the first facility planned for Valencia, Spain [6]. Capital and Funding - The company raised $1.5 million through two private placements during the second quarter of 2025 [4]. - Ecolomondo has secured temporary postponements on principal and interest payments for three loan agreements with EDC, enhancing its working capital position [4]. Environmental Impact - The TDP process employed by Ecolomondo is expected to reduce greenhouse gas emissions by 90% compared to the production of virgin carbon black, with significant CO2 reductions projected from both the Hawkesbury and Shamrock facilities [22]. Future Outlook - Ecolomondo aims to be a leading player in the cleantech sector and contribute to the global circular economy by producing and supplying recovered resources [13][16].
Ecolomondo Keeps Delivering its Sustainable rCB
Thenewswire· 2025-08-21 16:45
Core Viewpoint - Ecolomondo Corporation has successfully shipped multiple truckloads of recovered carbon black (rCB) from its Hawkesbury TDP facility, indicating strong demand and validation of product quality from major off-take customers [1][2][3]. Group 1: Production and Operations - The Hawkesbury TDP facility has recently completed the installation and commissioning of new milling equipment and rCB processing line, leading to the processing of rCB and the receipt of five purchase orders from major customers [2][3]. - Once fully operational, the Hawkesbury facility is expected to process approximately 1 million scrap tires annually, producing around 4,000 MT of rCB, 5,000 MT of pyrolysis oil, 2,000 MT of steel, and 1,200 MT of process gas [5][10]. Group 2: Customer Adoption and Market Validation - A major off-take customer has approved the quality of Ecolomondo's rCB, and another major customer in the USA is expected to begin placing bulk purchase orders soon, reflecting confidence in the product [3][4]. - The steady adoption of rCB by off-take customers globally indicates its integration into regular production for sustainable products [4]. Group 3: Future Growth and Strategy - Ecolomondo aims to expand its operations aggressively in North America and Europe, focusing on building and operating TDP facilities strategically located near feedstock and customers [14]. - The company has received ISCC certification for its Hawkesbury facility, enhancing the commercial value of its end-products through traceability in the supply chain [15]. Group 4: Environmental Impact - The TDP process significantly reduces greenhouse gas emissions, with a 90% reduction in GHG emissions compared to the production of virgin carbon black, and is expected to reduce CO2 emissions by 15,000 tons per year at the Hawkesbury facility [19].
Ecolomondo Executes An Agremeent to Create A Joint Venture With ARESOL Renewables for 4 TDP Facilities In Europe
Thenewswire· 2025-08-12 12:50
Core Viewpoint - Ecolomondo Corporation has entered a joint venture with ARESOL to establish four TDP facilities in the European Union, leveraging its proprietary Thermal Decomposition Process technology for sustainable tire recycling [1][2][4]. Company Developments - The joint venture agreement follows a non-binding letter of intent signed in December 2024, with the first facility to be located in Valencia, Spain, capable of processing 20,000 metric tons of end-of-life tires annually [2][4]. - Ecolomondo and ARESOL will own 51% and 49% of the joint venture, respectively, with a board comprising representatives from both companies and an independent director [4]. - The company has recently begun shipments of recovered Carbon Black to a major customer, indicating the quality of products from its Hawkesbury facility [5][6]. Industry Context - ARESOL brings over 40 years of experience in renewable energy, focusing on developing pyrolysis projects for end-of-life tires in Europe [3]. - The TDP facilities will generate revenue from the sale of end-products such as recovered carbon black, oil, gas, fiber, and steel, as well as from tipping fees for tire processing [12]. - Ecolomondo aims to be a leading player in the cleantech sector, contributing to the circular economy by producing reusable resources from scrap tires [11][17]. Environmental Impact - The TDP process is designed to significantly reduce greenhouse gas emissions, with expected reductions of 15,000 tons of CO2 per year from the Hawkesbury facility and 45,000 tons from the Shamrock facility [23].
Ecolomondo Receives Third and Fourth Repeat Purchase Orders for its Recovered Carbon Black
Thenewswire· 2025-08-05 13:45
Montreal, QC – TheNewswire - August 5, 2025 -- Ecolomondo Corporation (TSXV: ECM) (OTC: ECLMF) (the "Company" or "Ecolomondo"), a leading Canadian innovator in sustainable scrap tire recycling technology, is proud to announce that it has received two additional purchase orders for its recovered carbon black ("rCB") produced at the Hawkesbury TDP facility. The Company recently announced that its main offtake customer for its rCB issued a repeat order for a second commercial truckload of 23 metric tons. Follo ...
Ecolomondo Receives Repeat Order and Ships its Second Commercial Truckload of Recovered Carbon Black Produced at its Hawkesbury TDP Facility
Thenewswire· 2025-07-24 13:30
Core Viewpoint - Ecolomondo Corporation has successfully shipped its second commercial truckload of recovered carbon black (rCB) from its Hawkesbury TDP facility, indicating strong demand and quality approval from its main offtake client [1][4]. Company Developments - The main offtake client for rCB has approved the quality of the product produced at the Hawkesbury TDP facility after rigorous testing of various quality thresholds [2]. - Following the quality approval, the client placed an initial order for 23 metric tons of rCB, which was promptly shipped [3]. - A repeat order for another truckload of 23 metric tons was issued by the client, confirming the high quality of rCB produced [4]. - The company anticipates receiving quality approval from another major offtake client for its rCB [5]. Facility Operations - The Hawkesbury TDP facility is expected to process approximately 1 million scrap tires annually, primarily from cars, SUVs, and trucks, resulting in the production of around 4,000 metric tons of rCB, 5,000 metric tons of pyrolysis oil, 2,000 metric tons of steel, and 1,200 metric tons of process gas [5][12]. - The facility spans 46,200 square feet and includes three main production departments: tire shredding, thermal decomposition, and rCB refining [12]. Future Projects - The Shamrock Project, a new 6-reactor TDP facility, is projected to process 5 million end-of-life tires per year, yielding approximately 15,000 metric tons of rCB, 18,000 metric tons of oil, and 7,500 metric tons of steel [13]. - Construction for the Shamrock facility is expected to begin in the third quarter of 2025, with a projected cost of approximately US$93 million [13]. Environmental Impact - The TDP process significantly reduces greenhouse gas emissions, with a 90% reduction compared to the production of virgin carbon black. The Hawkesbury facility is expected to reduce CO2 emissions by 15,000 tons per year [20].
Ecolomondo Ships its First Commercial Truckload of Recovered Carbon Black Produced at its Hawkesbury TDP Facility
Thenewswire· 2025-07-17 14:00
Core Viewpoint - Ecolomondo Corporation has successfully shipped its first commercial truckload of recovered carbon black (rCB) from its Hawkesbury TDP facility, marking a significant step in the commercialization of its sustainable scrap tire recycling technology [1][4]. Company Developments - The main offtake client for rCB has approved the quality of the rCB produced at the Hawkesbury facility after rigorous testing, focusing on various quality thresholds such as humidity, pellet size, and ash content [2][4]. - An initial order of one truckload, totaling 23 metric tons of rCB, has been issued by the main offtake client, which has already been shipped from the facility [3][4]. - The company has supplied rCB samples to another major client for testing and has received a purchase order for 5 tons of rCB for a production trial, pending positive results [5]. Facility Operations - The Hawkesbury TDP facility is expected to process approximately 1.3 million to 1.5 million scrap tires annually, producing around 4,000 metric tons of rCB, 5,000 metric tons of pyrolysis oil, 2,000 metric tons of steel, and 1,200 metric tons of process gas [5][10]. - The Shamrock facility, projected to begin construction in Q3 2025, is expected to process 5 million end-of-life tires per year, yielding approximately 15,000 metric tons of rCB and 18,000 metric tons of oil, among other outputs [12]. Environmental Impact - The TDP process significantly reduces greenhouse gas emissions, with a 90% reduction in GHG emissions compared to the production of virgin carbon black. The Hawkesbury and Shamrock facilities are expected to reduce CO2 emissions by 15,000 and 45,000 tons per year, respectively [19]. Strategic Vision - Ecolomondo aims to be a leading player in the cleantech sector, focusing on the production and supply of recovered resources to contribute to a circular economy [13][14]. - The company plans to expand aggressively in North America and Europe, leveraging its proprietary technology and ongoing research and development efforts [14]. Certification and Quality Assurance - The Hawkesbury facility has received the International Sustainability and Carbon Certification (ISCC), enhancing the commercial value of its end-products through traceability in the supply chain [15].
Ecolomondo Gets Quality Acceptance for Recovered Carbon Black Produced at its Hawkesbury TDP Facility
Thenewswire· 2025-07-16 14:15
Core Viewpoint - Ecolomondo Corporation has achieved commercial acceptance of its recovered carbon black (rCB) from its Hawkesbury TDP facility, marking a significant milestone in its sustainable scrap tire recycling technology [1][6]. Production and Quality Assurance - The company has completed the commissioning of new milling equipment and rCB processing line, leading to the commencement of production and ramp-up [2]. - Rigorous testing was conducted using new laboratory equipment to ensure that all quality parameters for rCB met the thresholds required by offtake clients [3]. - After confirming quality thresholds such as humidity, pellet size, hardness, ash content, and particle size, samples were shipped to clients for testing [4]. Client Engagement and Orders - Clients conducted their own tests on the received samples, yielding positive results similar to the company's tests [5]. - Following successful testing, the main offtake client issued an initial order for one truckload (23 metric tons) of rCB to be shipped immediately [5]. Facility Capacity and Production Expectations - Once fully operational, the Hawkesbury TDP facility is expected to process approximately 1.3 million to 1.5 million scrap tires annually, producing around 4,000 metric tons of rCB, 5,000 metric tons of pyrolysis oil, 2,000 metric tons of steel, and 1,200 metric tons of process gas [7][15]. Future Growth and Strategic Direction - Ecolomondo aims to expand its operations aggressively in North America and Europe, focusing on building and operating TDP facilities strategically located near feedstock and clients [18]. - The company is also planning to construct the Shamrock facility, which is projected to process 5 million end-of-life tires per year, significantly increasing its production capacity [16]. Environmental Impact - The TDP process is expected to reduce greenhouse gas emissions by 90% compared to the production of virgin carbon black, with the Hawkesbury and Shamrock facilities projected to reduce CO2 emissions by 15,000 and 45,000 tons per year, respectively [23]. Certification and Market Position - The Hawkesbury TDP facility has received International Sustainability and Carbon Certification (ISCC), enhancing the commercial value of its end-products through traceability in the supply chain [19].