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Aduro Clean Technologies Advances Demonstration Plant Program; Begins Global Site Selection Project
Globenewswire· 2025-10-09 11:00
LONDON, Ontario, Oct. 09, 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, today announced it has begun a global site-selection process as part of its Demonstration Plant program, with a focus on locations across Canada, Europe, and Mexico. In the Next Ge ...
Aduro Clean Technologies to Participate in the LD Micro Main Event XIX Conference
Globenewswire· 2025-10-07 11:00
LONDON, Ontario, Oct. 07, 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, today announced its participation in the LD Micro Main Event XIX Conference taking place in San Diego from October 19-21, 2025. LD Micro Main Event XIXDates: October 19–21, 2025Loc ...
Aduro Clean Technologies to Present at Leading Industry Events in October
Globenewswire· 2025-10-02 11:00
Core Insights - Aduro Clean Technologies Inc. is participating in key industry events in October 2025 to showcase its innovative technology and engage with stakeholders in the circular economy [1][2] Group 1: Upcoming Events - K 2025 Conference will take place from October 8-15, 2025, in Düsseldorf, Germany, focusing on plastics and rubber innovation, where Aduro will highlight its Hydrochemolytic™ Technology [3] - The 10th Edition of Sustainability in Packaging Europe is scheduled for October 21-23, 2025, in Barcelona, Spain, where Aduro will present on recycling viability and exhibit its technology [4] - Ontario Chemistry & Plastics Day is set for October 22, 2025, in Toronto, Ontario, featuring discussions on advancing a circular plastics economy, with Aduro participating in a panel [5] Group 2: Technology and Commitment - Aduro Clean Technologies specializes in patented water-based technologies for recycling waste plastics and converting heavy crude into valuable oil, emphasizing its Hydrochemolytic™ Technology [7][8] - The company's approach operates at relatively low temperatures and costs, aiming to transform low-value feedstocks into valuable resources for the 21st century [8]
Aduro Clean Technologies to Participate in September Technical Conferences Across Europe and North America
Globenewswire· 2025-09-10 11:00
LONDON, Ontario, Sept. 10, 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, today announced that it will participate in a series of technical and industry-focused conferences in September 2025. These events convene global experts, industry leaders engaged ...
Aduro Clean Technologies to Participate in September Conferences and Initiates Public Relations Campaign
Globenewswire· 2025-09-04 11:00
LONDON, Ontario, Sept. 04, 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, announced its participation in several investor and industry events in September 2025, including the Nasdaq New York Climate Week Forum. The Company also announced that it has ini ...
Aduro Clean Technologies Initiates Marketing Campaign
Globenewswire· 2025-08-29 11:00
Core Viewpoint - Aduro Clean Technologies Inc. has initiated a marketing campaign through agreements with investor relations and marketing firms to enhance brand awareness among retail investors [1] Group 1: Marketing Agreements - The company entered into a TIA Agreement with The Investing Authority for investor relations and marketing services, including social media campaigns and analytics reporting, for an initial term of 1 month starting September 16, 2025, with a total potential fee of up to US$187,500 [2][3] - The Stocktwits Agreement allows Stocktwits to provide marketing services such as native advertisements and video promotions, also for an initial term of 1 month starting September 16, 2025, with a total potential fee of up to US$125,000 [4][5] - The LFG Agreement with LFG Equities Corp. includes marketing consulting services for an initial term of 1 month starting September 16, 2025, with a total potential fee of up to US$187,500 [7][8] Group 2: Service Details - Services provided by The Investing Authority will be disseminated through various platforms including Discord, Reddit, X/Twitter, YouTube, and email [3] - Stocktwits will utilize its platform for real-time discussions and advertisements, enhancing visibility among investors [5] - LFG will focus on messaging development and influencer engagement, distributing content through media channels and newsletters [8] Group 3: Financial Implications - The company has committed to pay US$75,000 upon entering each of the TIA and LFG agreements, with additional payments contingent on extensions [3][8] - The Stocktwits agreement includes an initial payment of US$50,000, with further payments based on potential extensions [5]
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 Provides Update on NGP Pilot Plant Progress
Globenewswire· 2025-08-14 11:00
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].
Aduro Clean Technologies Investigates Chemical Recycling Pathway for Synthetic Turf Waste
Globenewswire· 2025-07-31 11:00
Core Viewpoint - Aduro Clean Technologies Inc. has successfully tested synthetic turf as a feedstock for its Hydrochemolytic™ Technology, highlighting the potential for chemical recycling of complex waste streams that traditional methods struggle to process [1][3][5]. Company Summary - Aduro Clean Technologies focuses on transforming lower-value feedstocks, such as waste plastics and heavy bitumen, into valuable resources using its proprietary Hydrochemolytic™ Technology [1][10]. - The company is currently developing a Next Generation Process (NGP) Pilot Plant designed to process a variety of feedstocks, with insights from synthetic turf testing informing future operations [8]. Industry Summary - The synthetic turf recycling market is projected to grow from USD 1.8 billion in 2025 to approximately USD 5.9 billion by 2032, with a compound annual growth rate (CAGR) of about 15.8% [5]. - Synthetic turf, widely used in sports fields and landscaping, presents a complex waste stream due to its multilayer construction and bonded components, making it difficult for traditional recycling methods [5][6]. - The textile industry generates approximately 92 million tons of waste globally each year, with carpets representing another complex waste stream that could benefit from chemical recycling solutions [6].
Aduro Clean Technologies Announces Grant of Stock Options and RSUs
Globenewswire· 2025-07-03 11:00
Core Viewpoint - Aduro Clean Technologies Inc. has announced the granting of stock options and restricted share units to its directors, officers, employees, and consultants, aimed at enhancing talent retention and aligning interests with shareholders [1][3]. Summary by Sections Stock Options Grant - The company granted a total of 743,500 stock options, each allowing the purchase of one common share at a price of $13.50, exercisable over a period of 5 years [1][2]. - The options will vest monthly over a two-year period from the date of grant [2]. Restricted Share Units Grant - Additionally, 100,000 restricted share units (RSUs) were granted to a consultant, with vesting occurring in three tranches: 35,000 RSUs vesting immediately, 35,000 RSUs vesting after 6 months, and 30,000 RSUs vesting after 12 months [3]. - All options and RSUs are subject to a hold period of four months and one day from the date of issuance [3]. 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 [5]. - The company's Hydrochemolytic™ Technology utilizes water as a key agent, operating at low temperatures and costs, which is a significant advancement in converting low-value feedstocks into valuable resources for the 21st century [5].