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Aduro Clean Technologies to Present at Three Investor Conferences in April
Globenewswire· 2026-03-31 12:00
Core Viewpoint - Aduro Clean Technologies Inc. is advancing its commercial momentum by transitioning from pilot-scale operations to industrial deployment, with CEO Ofer Vicus scheduled to present at three investor conferences in April 2026 to provide updates on its progress and commercialization strategies [1][2]. Group 1: Investor Engagements - The investor conferences aim to support Aduro's commercial momentum and provide updates on the Next Generation Process (NGP) Pilot Plant, planning for the First-of-a-Kind (FOAK) industrial facility, and commercialization pathways [2]. - The Lytham Partners 2026 Industrials & Basic Materials Investor Summit will focus on Aduro's evolution from technology development to execution and scale-up, including pilot operations to industrial deployment [3]. - The Gabelli Funds 12th Annual Waste & Sustainability Symposium will emphasize Aduro's Hydrochemolytic™ Technology in processing mixed and hard-to-recycle plastics, highlighting its integration within existing recycling systems [4]. - The WTR Insights Conference will facilitate in-depth discussions on Aduro's development strategy, including pilot-scale progress and partner-driven validation [5]. Group 2: Company Overview - Aduro Clean Technologies specializes in patented water-based technologies for chemically recycling waste plastics, converting heavy crude and bitumen into lighter oil, and transforming renewable oils into higher-value fuels or chemicals [7]. - The Hydrochemolytic™ Technology is a key component of Aduro's approach, utilizing water as a critical agent in a low-temperature chemistry platform to convert low-value feedstocks into valuable resources [7].
Aduro Clean Technologies Joins Chemical Recycling Europe
Globenewswire· 2026-03-26 12:00
Core Viewpoint - Aduro Clean Technologies Inc. has joined Chemical Recycling Europe to advance chemical recycling initiatives and engage in regulatory frameworks that support the circular economy in Europe [1][2][3] Group 1: Company Developments - Aduro is developing its first-of-a-kind industrial plant in Europe, with site selection completed and project development underway, including a technology licensing package and an initial offtake Letter of Intent [4][6] - The FOAK plant will demonstrate industrial-scale operation and is located within the Chemelot industrial hub in the Netherlands, focusing on compatibility with existing petrochemical infrastructure [6] Group 2: Industry Engagement - Membership in Chemical Recycling Europe allows Aduro to participate in discussions on mass balance accounting, certification pathways, and policy alignment, while accessing a network of stakeholders in the circular feedstock supply chain [5][6] - The activities of Chemical Recycling Europe are relevant to emerging regulatory frameworks, such as the EU's Packaging and Packaging Waste Regulation, which is expected to increase demand for certified recycled content [3] Group 3: Technology and Innovation - Aduro's Hydrochemolytic™ Technology utilizes water as a key agent in a low-temperature chemistry platform, converting low-value feedstocks into valuable resources [8] - The company aims to establish itself as an influential voice in the chemical recycling industry, contributing to the development of scalable solutions that support Europe's circular economy ambitions [6][7]
Aduro Clean Technologies Engages Water Tower Research
Globenewswire· 2026-03-25 12:00
Core Viewpoint - Aduro Clean Technologies Inc. has entered into an agreement with Water Tower Research LLC to enhance its visibility and support its growth objectives within the institutional investment community [1][4]. Group 1: Agreement Details - The agreement with Water Tower Research LLC will provide research and capital markets communications services for an initial term of six months starting April 1, 2026 [2]. - Aduro will pay a cash fee of US$39,000 (plus applicable taxes) upon execution of the agreement, with an option to renew for an additional six months at a fee of US$48,000 (plus applicable taxes) [2]. Group 2: Company and Technology Overview - Aduro Clean Technologies specializes in developing patented water-based technologies for recycling waste plastics, converting heavy crude and bitumen into lighter oil, and transforming renewable oils into higher-value fuels or chemicals [5]. - 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 [5]. Group 3: Water Tower Research LLC - Water Tower Research is an investor engagement and research-driven communications firm that focuses on modernizing investor engagement and providing open-access, institutional-quality research [5]. - The firm aims to facilitate effective communication between companies and the investment community through strategic investor engagement services [5].
Aduro Signs MOU to Develop a Commercial Licence Package for Hydrochemolytic™ Technology
Globenewswire· 2026-03-19 12:00
Core Viewpoint - Aduro Clean Technologies Inc. has signed a non-binding Memorandum of Understanding (MOU) with a leading Global Engineering, Procurement, and Construction (GEPC) company to develop a commercial licensing package for its Hydrochemolytic™ Technology (HCT) aimed at transforming waste plastics and other lower value feedstocks into valuable resources for the 21st century [1][5]. Group 1: MOU Details - The MOU follows several months of technical and commercial discussions, including sharing preliminary technical information and evaluating pathways for establishing a commercial license package [2]. - It establishes a framework for developing the technology and a commercial licensing model for HCT, including a pre-engineered plant concept for chemical recycling of mixed and contaminated post-consumer plastic waste [3][4]. - The final objective of the MOU is to create a jointly developed commercial HCT license package and an associated business program for HCT-based plastic recycling plants [5]. Group 2: Collaboration and Implementation - The collaboration with the GEPC is designed to fit within the HCT scale-up pathway, including the first-of-a-kind (FOAK) industrial plant targeted for the Chemelot Industrial Park in the Netherlands [6]. - Data and operating experience from the Next Generation Process (NGP) pilot plant and the planned FOAK industrial plant will inform the engineering basis for the License Package, aiming to reduce technical and delivery risks [6]. - The MOU is seen as a significant step in the commercialization roadmap for HCT, aligning with Aduro's go-to-market strategy focused on licensing [7]. Group 3: Company Overview - Aduro Clean Technologies specializes in patented water-based technologies for chemically recycling waste plastics and converting heavy crude and bitumen into more valuable oil [8]. - The Hydrochemolytic™ technology operates at relatively low temperatures and costs, providing a transformative approach to converting low-value feedstocks into valuable resources [8].
Aduro Clean Technologies Announces Participation in the 38th Annual ROTH Conference
Globenewswire· 2026-03-05 13:00
Core Viewpoint - Aduro Clean Technologies Inc. is participating in the 38th Annual ROTH Conference to engage with institutional investors and discuss its execution plans and commercialization strategies [1][2]. Company Overview - Aduro Clean Technologies is focused on developing patented water-based technologies for recycling waste plastics, converting heavy crude and bitumen into lighter oil, and transforming renewable oils into higher-value fuels or chemicals [4]. Conference Details - The 38th Annual ROTH Conference will take place from March 22-24, 2026, in Dana Point, California, with CEO Ofer Vicus representing the company [2]. - The conference format includes one-on-one meetings with investors, allowing for direct engagement with Aduro's management team [3]. Key Discussion Points - At the conference, Aduro plans to highlight the NGP Pilot Plant's operating campaigns, which support data generation, customer engagement, and feedstock qualification [2]. - Discussions will also cover the advancement of the planned FOAK industrial plant and ongoing downstream validation work, as well as the evolving European regulatory environment that supports market readiness for Hydrochemolytic™ Technology outputs [2].
Aduro Clean Technologies Selects Chemelot Industrial Park for First-of-a-Kind Industrial Plant
Globenewswire· 2026-01-29 13:00
Core Viewpoint - Aduro Clean Technologies Inc. has selected Chemelot Industrial Park in the Netherlands for its planned industrial scale-up facility, which will utilize Hydrochemolytic Technology for the chemical recycling of waste plastics, marking a significant step towards commercial operation [1][2]. 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 [10]. - The company's Hydrochemolytic™ technology operates at relatively low temperatures and costs, aiming to convert low-value feedstocks into resources for the 21st century [10]. Facility Details - The planned facility will be a First-of-a-Kind (FOAK) industrial plant with an initial processing capacity of approximately 10,000 tonnes per year, with potential for phased expansion [7]. - The site selection process involved extensive due diligence across multiple candidate locations, ultimately choosing Chemelot for its technical, industrial, and strategic advantages [5][6]. Chemelot Industrial Park - Chemelot is a leading integrated chemical industry cluster in Europe, featuring shared utilities and a centralized wastewater treatment system, which supports efficient industrial project development [3]. - The site aims to transition towards a climate-neutral, circular chemistry and materials site, focusing on increasing the use of non-fossil and circular feedstocks [3][12]. Ecosystem and Innovation - Brightlands Chemelot Campus, located within Chemelot, serves as an open-innovation ecosystem that supports technology development and industrial implementation [4]. - Aduro has been part of the Brightlands ecosystem since 2021, contributing to its European technology development activities [4]. Strategic Importance - The selection of Chemelot aligns with the company's goal to transition from pilot-scale validation to a fully operational industrial facility capable of producing commercially relevant outputs [8]. - The facility is expected to enhance the existing ecosystem at Chemelot, contributing to the development of scalable circular feedstock routes [9].
Aduro Clean Technologies Reports Second Quarter Fiscal 2026 Results and Provides Business Update
Globenewswire· 2026-01-15 13:00
Core Insights - Aduro Clean Technologies Inc. has reported significant operational and financial milestones in its interim condensed consolidated financial results for the second fiscal quarter of 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 222% increase 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][6]. - 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][6]. - 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][6]. Operational Highlights - The commissioning of the Next Generation Process Pilot Plant has commenced, with significant progress made in construction and system integration, preparing for operational readiness [7][8]. - A non-binding letter of intent was executed for the acquisition of a brownfield industrial site in the Netherlands, with a proposed purchase price of €2 million, aimed at establishing a Demonstration Plant [10][12]. - Engineering trials using industrial-scale equipment have been initiated as part of the Demonstration Plant program, focusing on processing contaminated and mixed waste plastics [14]. Capital Position - The company completed a U.S. public offering, raising approximately USD $20 million, which will primarily support the Demonstration Plant program and ongoing research and development [2][18]. - As of November 30, 2025, the company maintained a strong cash position of CAD $13.04 million, an increase from CAD $6.96 million in Q4 2025 [5][6]. Strategic Collaborations - Aduro entered into a multi-year framework collaboration agreement with ECOCE in Mexico to evaluate the application of Hydrochemolytic™ Technology using real post-consumer materials [19]. - The company successfully completed its participation in the Shell GameChanger program, which focused on evaluating Hydrochemolytic™ Technology within Shell's Chemical Decarbonization initiative [20].
Aduro Clean Technologies Reports Second Quarter Fiscal 2026 Results and Provides Business Update
Globenewswire· 2026-01-15 13:00
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].
Aduro Clean Technologies Announces Closing of US$20 Million Underwritten Public Offering
Globenewswire· 2025-12-22 23:45
Core Viewpoint - Aduro Clean Technologies Inc. has successfully closed a public offering of common shares and warrants, raising approximately US$20 million to fund its clean technology initiatives [1][2]. Group 1: Offering Details - The offering consisted of 1,739,130 common shares and accompanying warrants to purchase 869,565 common shares [1]. - Each whole warrant has an exercise price of US$16.00 per share, is immediately exercisable, and will expire three years from the issuance date [1]. - The underwriters were granted a 45-day over-allotment option to purchase up to an additional 260,869 common shares and/or warrants for an additional 130,434 common shares [3]. Group 2: Use of Proceeds - The net proceeds from the offering will primarily be used for the construction of a Demonstration-Scale Plant, with any remaining funds allocated for ongoing research and development, general corporate purposes, and working capital [2]. Group 3: Regulatory Compliance - 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 [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 and converting heavy crude and bitumen into more valuable oil [7]. - The company's Hydrochemolytic™ Technology utilizes water as a key agent in a low-temperature chemistry platform, transforming low-value feedstocks into valuable resources for the 21st century [7].
Aduro Clean Technologies gibt Preisgestaltung für öffentliches Emissionsangebot in Höhe von 20 Millionen US-Dollar bekannt
Globenewswire· 2025-12-20 06:53
Core Viewpoint - Aduro Clean Technologies Inc. has announced the pricing of its public offering of 1,739,130 common shares in the U.S., aiming to raise approximately $20 million before deducting underwriting discounts and offering expenses [1][3]. Group 1: Offering Details - The offering includes 1,739,130 common shares and associated warrants to purchase 869,565 common shares, with a gross proceeds target of about $20 million [1]. - Each whole warrant allows the purchase of one common share at an exercise price of $16.00 per share, with warrants being immediately exercisable and expiring three years from the issuance date [1]. - The company has granted the underwriters a 45-day option to purchase up to 260,869 additional common shares and/or warrants to purchase up to 130,434 additional common shares [4]. Group 2: Use of Proceeds - Aduro intends to use the net proceeds from the offering for expenses related to the construction of its demonstration facility, ongoing research and development, general corporate purposes, and working capital [3]. Group 3: Regulatory Compliance - The offering is conducted under a valid shelf registration statement filed with the SEC and a Canadian short form prospectus, with securities being offered exclusively in the United States [5]. - The base prospectus detailing the terms of the offering has been filed with the relevant securities regulatory authorities and can be accessed for free on the company's profiles on SEDAR+ and the SEC's website [6]. Group 4: Company Overview - Aduro Clean Technologies develops patented water-based technologies to chemically recycle plastic waste, convert heavy crude oil and bitumen into lighter, more valuable oil, and transform renewable oils into higher-value fuels or renewable chemicals [8]. - The company's Hydrochemolytic™ technology operates at relatively low temperatures and costs, utilizing water as the primary agent in a chemical platform to convert low-value raw materials into resources for the 21st century [8].