Load Testing and Limited Tire Processing Commence This Week
Montreal, QC, February 1, 2022 — Ecolomondo Corporation (TSXV: ECM) (OTC: ECLMF) (the “Company” or “Ecolomondo”), a cleantech company commercializing its proprietary recycling technology, Thermal Decomposition Process (“TDP”) and specializing in the building and operation of turnkey TDP facilities globally, today announced final commissioning of the Hawkesbury TDP facility’s shredding line is now underway.
• Mechanical assembly of the Tire Shredding Line is complete and the control and electrical systems are fully ESAFE certified, setting the stage for beginning of processing end-of-life (“ELT”) tires in the coming days;
• Pre-commissioning of Recovered Carbon Black (RCB) processing line is ongoing and is expected to be completed in the first week of February, and will be immediately followed by mechanical commissioning which is expected to take approximately two weeks;
• Pre-commissioning of the Thermal Processing is also ongoing with final commissioning expected to start by mid-February;
• Automation interfacing with all processing control panels is well advanced and expected to be completed in time for the beginning of ramp-up.
With shredding, RCB and Thermal Processing departments being commissioned concurrently, the facility is expected to begin ramp-up by the end of February. TDP facilities are intuitively designed to help expedite commissioning and ramp-up periods compared to other known waste-to-energy technologies.
“Ecolomondo has achieved every goal that it has set for itself since inception, and today I proudly tell shareholders, customers and supporters that Hawkesbury is cutting edge technology that I believe will set new standards in every aspect of design, production, automation, safety and environmental integrity,” states Eliot Sorella, Ecolomondo’s Chairman and CEO. “The Hawkesbury TDP facility, thanks to the many proprietary improvements, will redefine scrap tire processing, that will efficiently produce marketready renewable products with a lower carbon footprint, and at a cheaper cost.”
Comprised of four different processing departments (shredding, thermal processing, recovered carbon black processing and oil fractionation), the facility is expected to process a minimum of 14,000 tons of tire waste per year when fully operational, producing 5,300 tons of recovered carbon black, 42,700 barrels of oil, 1,800 tons of steel, 1,600 tons of process gas and 850 tons of fiber when operating at full capacity.
On January 27th, 2022, Eliot Sorella, Chairman and CEO and other members of the management and technical team provided a Shareholder Update covering Hawkesbury TDP facility, Ecolomondo Process Technologies, and its recently announced international expansion plans beginning with the Company’s first US-based waste-to-resources sixreactor TDP facility in Shamrock, Texas. (The Shareholder Update is posted at https://www.youtube.com/watch?v=_pIXuQv6LXk)
About TDP Technology
Thermal Decomposition Process technology is a proprietary waste-to-resources technology that the Company expects will play a critical role in the development and proliferation of the circular economy. TDP is a closed loop, slow pyrolysis technology that operates in an oxygen-free environment using positive pressure and a batch rotary reactor. The process is largely energy self-sufficient. Ecolomondo’s exclusive automation system allows for strict control of cycle times, processing parameters and consistent batch production, resulting in quality, commercial-grade recycled commodities and end-products.
About Ecolomondo Corporation
Ecolomondo is a Canadian cleantech company specializing in the commercialization of its waste-to-products operations and proprietary TDP technology. With 25+ years of industry experience and a track record of establishing strong circular economy partnerships, the Company is strategically positioned to become a major global builder and operator of turnkey TDP facilities that convert hydrocarbon waste into saleable end-products including recycled carbon black, oil, gas and steel.
Revenue growth will come from the building and operations of fully-automated and energy-efficient TDP facilities. Ecolomondo’s initial focus is to aggressively market TDP facility expansion throughout North America, as management has been speaking with numerous public and private sector industry groups looking for breakthrough solutions for processing hydrocarbon waste.
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 as a result 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 forwardlooking 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 as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.
The securities offered have not been, nor will they be, registered under the U.S. Securities Act of 1933, as amended (the “1933 Act”), or under any state securities laws, and may not be offered or sold, directly or indirectly, or delivered within the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act) absent registration or an applicable exemption from the registration requirements. This news release does not constitute an offer to sell or a solicitation to buy such securities in the United States.
For further information please contact:
Chairman and Chief Executive Officer, Ecolomondo
Tel: (450) 587-5999
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.