Core Viewpoint - Aduro Clean Technologies Inc. and ECOCE have entered into a multi-year collaboration to evaluate Hydrochemolytic™ Technology (HCT) as a chemical recycling solution for flexible and mixed plastic packaging in Mexico, addressing a significant waste challenge in the country [1][4][10] Company Overview - Aduro Clean Technologies is focused on transforming lower value feedstocks into valuable resources using its patented Hydrochemolytic™ technology, which operates at moderate temperatures to convert waste plastics into liquid hydrocarbons suitable for petrochemical feedstocks [1][5][12] - ECOCE is a non-profit organization that manages Mexico's national packaging recycling plan, emphasizing the circular economy and sustainability in collaboration with the food and beverage industry [2][11] Collaboration Details - The collaboration aims to evaluate the application of HCT on real post-consumer flexible plastic packaging sourced through ECOCE's collection systems, with Aduro conducting structured testing to assess processability and product quality [3][7] - The partnership will begin in January 2026 and will involve a phased program where findings will guide future steps and potential business models for HCT-based recycling solutions in Mexico [8][9] Industry Context - Mexico generates approximately 60 kilograms of plastic waste per person annually, totaling an estimated six to seven million tonnes, with flexible plastic packaging being a rapidly growing category that poses recycling challenges [4][10] - The collaboration is positioned to address the difficulties in recycling flexible plastics, which often consist of multiple polymers and are not easily processed by existing systems, leading to high rates of incineration and landfill disposal [4][10]

Core Insights - Aduro Clean Technologies Inc. has initiated a global site-selection process for its Demonstration Plant program, focusing on locations in Canada, Europe, and Mexico [1][2] - The Next Generation Process (NGP) Pilot Plant is on schedule, validating technical aspects for scale-up and optimizing key parameters [2][4] - A multidisciplinary team is efficiently progressing through the site-selection project, with a shortlist of candidate locations expected by the end of the year [3][4] Site Selection Criteria - The site selection is crucial for jurisdictional permitting, economic modeling, and ensuring access to reliable feedstock supply [2][4] - Standardized evaluation criteria include: - Feedstock and logistics alignment: proximity to waste-plastic supply and efficient transport networks [6] - Offtake and market connectivity: regional demand for recycled intermediates and compliance with Extended Producer Responsibility (EPR) programs [6] - Mass balance readiness: ability to implement certified chain-of-custody systems for circular content claims [6] - Regulatory and permitting pathways: frameworks governing environmental approvals and recycling legislation [6] - Incentives and local support: availability of industrial development incentives and community engagement [6] - Utilities and infrastructure: necessary energy, water, and transport links for operations [6] - Future expansion: sites accommodating growth from 8,000 tonnes per year to 16,000-20,000 tonnes per year [6] Company Overview - Aduro Clean Technologies specializes in patented water-based technologies for recycling waste plastics and converting heavy crude into valuable oil [5] - The Hydrochemolytic™ Technology operates at low temperatures and costs, transforming low-value feedstocks into valuable resources [5]

Core Insights - Recon Technology Ltd. has successfully topped out the main manufacturing plant for its 40,000-ton-per-year waste plastic chemical recycling project, marking a significant milestone in the project's construction [1] - The project is expected to be fully completed by November 2025, with trial operations commencing in December 2025 [1] - The project will produce 30,000 tons of plastic pyrolysis oil and 6,000 tons of carbon residue annually, generating an estimated $30 million in annual returns [2] Project Details - The Recon Plastic Chemical Recycling Project covers approximately 50 acres and includes six pyrolysis units, two distillation units, and environmental protection facilities [2] - The project utilizes a dual-process approach combining catalytic pyrolysis and catalytic reforming, addressing technical challenges in traditional processes [4] - The primary raw material for the project is membrane film-type waste plastic, which is difficult to process using physical recycling methods [4] Strategic Partnerships - Recon is engaged in discussions with multinational chemical giants and leading domestic chemical companies, having signed product purchase intent and strategic cooperation agreements [3] Management Vision - The CEO of Recon emphasized the importance of the project in advancing the industrialization of the plastic chemical recycling industry and aims to transform the Shandong plant into a globally leading benchmark facility [5] - The company is focused on ensuring smooth commissioning and stable production of products that meet stringent standards during 2025 [5] Technological Advancements - The project implements full-process digital management to build a low-carbon smart factory, improving operational efficiency and environmental performance [6] - The project aims to effectively utilize various low-value waste plastics, contributing to solutions for "white pollution" and promoting a circular economy [6]

Core Viewpoint - Aduro Clean Technologies Inc. is progressing on the NGP Pilot Plant, which is crucial for validating its Hydrochemolytic™ Technology and advancing towards commercialization [1][10]. Group 1: NGP Pilot Plant Overview - The NGP Pilot Plant aims to validate Hydrochemolytic™ Technology in continuous operation, establish operating parameters, and produce product samples for customer evaluation [2][10]. - The pilot plant will confirm mass and energy balances, yields, and controllability, and will support environmental assessments and lifecycle analyses [2][10]. Group 2: Project Progress - Work on the NGP Pilot Plant is on schedule, with major workstreams progressing in parallel, including equipment delivery and system integration [3][10]. - Site preparations at the London laboratory have been completed, including modifications to meet safety standards and regulatory requirements [5][10]. Group 3: Equipment and Systems - Factory Acceptance Testing for the extruders has been completed, confirming their readiness for site delivery [6]. - Zeton has received all major long-lead components for the reactor and cooling systems, with assembly of modular process skids underway [7]. - Siemens has shipped critical automation and electrical components, with integration work on control systems on schedule [8]. Group 4: Feedstock and Partnerships - Feedstock preparation is in progress, with Aduro and its partner NexGen Polymers securing representative waste-plastic streams and other process inputs [9].

Core Viewpoint - Aduro Clean Technologies Inc. has successfully completed an underwritten public offering, raising approximately US$1.2 million through the issuance of additional common shares and warrants, which will be utilized for research and development, construction of a demonstration-scale plant, and general corporate purposes [1][3]. Group 1: Offering Details - The company issued 142,180 common shares and 71,090 warrants, with each whole warrant exercisable into one common share at an exercise price of US$10.13, expiring three years from issuance [1][2]. - The offering was managed by D. Boral Capital LLC, which acted as the sole book-running manager [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to ongoing research and development costs, expenditures for the construction of the demonstration-scale plant, and any remaining funds for general corporate purposes and working capital [3]. Group 3: Regulatory Information - The offering was conducted under an effective shelf registration statement filed with the U.S. Securities and Exchange Commission (SEC) and a Canadian short form base shelf prospectus, both effective as of May 28, 2025 [4][5]. - The securities were offered and sold exclusively in the United States, with no sales to Canadian purchasers [4]. Group 4: Company Overview - Aduro Clean Technologies specializes in patented water-based technologies aimed at chemically recycling waste plastics, converting heavy crude and bitumen into lighter oil, and transforming renewable oils into higher-value fuels or chemicals [8]. - The company's Hydrochemolytic™ Technology utilizes water as a key agent in a low-temperature chemistry platform, providing a cost-effective solution for converting low-value feedstocks into valuable resources [8].

Core Viewpoint - Aduro Clean Technologies Inc. has announced a public offering of 947,868 common shares at a price of US$8.44 per share, aiming to raise approximately US$8 million for research and development, construction of a demonstration-scale plant, and general corporate purposes [1][2]. Group 1: Offering Details - The offering includes 947,868 common shares and accompanying warrants to purchase 473,934 common shares, with each whole warrant exercisable at US$10.13 and expiring three years from issuance [1]. - The offering is managed by D. Boral Capital LLC as the sole book-running manager [2]. - An over-allotment option allows underwriters to purchase an additional 142,180 common shares and/or warrants for 71,090 common shares within 45 days [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to ongoing research and development costs, expenditures for the construction of a demonstration-scale plant, and any remaining funds for general corporate purposes and working capital [2]. Group 3: Regulatory Information - The offering is conducted under an effective shelf registration statement filed with the U.S. Securities and Exchange Commission (SEC) and a Canadian short form base shelf prospectus [4]. - The base shelf prospectus has been filed with applicable securities commissions in Canada and the SEC, and is available for public access [5]. Group 4: Company Overview - Aduro Clean Technologies specializes in patented water-based technologies for recycling waste plastics, converting heavy crude into lighter oil, and transforming renewable oils into higher-value fuels or chemicals [7]. - The company's Hydrochemolytic™ Technology utilizes water as a key agent in a low-temperature chemistry platform, aiming to convert low-value feedstocks into valuable resources for the 21st century [7].