Montreal, QC, January 13, 2023 — Ecolomondo Corporation (TSXV: ECM) (OTC: ECLMF) (the “Company” or “Ecolomondo”), a cleantech company specializing in the commercialization of its Thermal Decomposition Process (“TDP”) proprietary recycling technology and the building and operating of turnkey TDP facilities globally, has successfully processed its first thermal decomposition batch with its new state-of-the-art reactor installed at its recently built Hawkesbury TDP facility.
Ecolomondo performed on January 11, 2023, a first batch in Reactor 1 with complete success. Every part of the thermal reaction, reactor evacuation and control systems worked flawlessly and according to expectations. Ecolomondo’s technical and production teams were on site to perform the batch, first ever of the latest generation reactor.
This successful outcome is not surprising as Ecolomondo developed its proprietary technology over 25 years at its Contrecoeur (Quebec) pilot plant. The pilot plant consists of 2 industrial-size reactors that were developed and tested over many years, providing key data for setting technical specifications and developing all parameters required to obtain high quality end-products. The pilot plant and the hundreds of tests set the groundwork for the Hawkesbury commercial TDP facility.
Considering that all other sectors of the Hawkesbury TDP facility have been commissioned, Ecolomondo expects to begin its start-up stage immediately with ramp-up production to soon begin, leading gradually to full commercial operations.
“This is a very satisfying moment for me personally. To have achieved this milestone after 15 years of steadfast commitment is gratifying. TDP is an impressive technology, it serves purpose and will benefit society by being a global participant to the circular economy and contributor to the planet’s sustainability. The Hawkesbury facility is a huge undertaking, while building it, I assure you, we cut no corners, and spared no cost to make it one of the most advanced pyrolysis plants on the planet”, says Eliot Sorella, Chairman & CEO of Ecolomondo.
About Ecolomondo Corporation
Ecolomondo Corporation is a Canadian cleantech company headquartered in Quebec, Canada, with an over 25-year history focused on waste-to-resources technology development and deployment. Ecolomondo has developed the Thermal Decomposition Process (“TDP”), which recovers high-value circular commodities from end-of-life tires, including recovered carbon black (“rCB”), oil, steel and rubber. TDP lowers carbon emissions up to 90%, compared to the production of virgin carbon black. Ecolomondo has adopted a triple bottom line approach to business focused on people, planet and profit. Ecolomondo trades on the TSX Venture Exchange under the symbol (TSXV: ECM) (OTC:ECLMF). To learn more, visit www.ecolomondo.com
About TDP
The TDP system is technically proven and is superior to other pyrolysis technologies. Over the years, our Technological teams were able to overcome all uncertainties that plagued most competitors especially in there areas: pre-filtration, reactor cooling, reactor rotation, reactor evacuation, water recycling, cleaning of rCB, (hydrocarbon removal), mass monitoring, heat curve development, humidity and water removal, safety testing, full system automation, emissions control and monitoring, rCB and pyrolysis oil post processing, efficient syngas reuse.
Ecolomondo Corporation Contact
Eliot Sorella
Chairman and Chief Executive Officer, Ecolomondo
Tel: (450) 587-5999
Cautionary Note Regarding Forward Looking Statements
The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward-looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and because of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward- looking statements. Although Ecolomondo believes that the expectations reflected in forward looking statements are reasonable, it can give no assurance that the expectations of any forward-looking statements will prove to be correct. Except as required by law, Ecolomondo disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether because of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
