Thermal Decomposition technology (TDP)

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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 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].