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Montreal, QC – TheNewswire - February 18, 2025 -- Ecolomondo Corporation (TSXV: ECM) (OTCQB: ECLMF) (the “ Company ” or “ Ecolomondo ”), a leading innovator in sustainable scrap tire recycling technology, is pleased to provide an update on the installation of the new milling line and progress at its Hawkesbury TDP facility.
The Company recently announced that it received delivery in late January 2025 of its new milling line previously purchased in August 2024. Preparation for the installation of the new milling line began in October 2024 to receive and ensure that the installation would be seamless and take the least amount of time to install. The Company announces today that the installation is progressing well and is on schedule and on budget.
Installation requires fine positioning, connection to power distribution, to dust collection system and to air compression systems. It requires the installation of magnetic separators, conveying system and including other supporting equipment. It also involves the connection to Ecolomondo’s control network that ensures the efficiency of the entire TDP facility and the consistent quality of the end-products.
The Company further reports substantial progress has been made in all departments of the Facility and expects that installation of the new mill to be completed in March 2025 while commissioning to start soon thereafter. The Company expects to begin recovered carbon black production in April 2025 and expects to gradually ramp up its production by the fourth quarter of 2025.
Once installed, this new milling line will be fully automated using HMI technology. As previously announced, the milling line is expected to have a capacity to process 2,200 lbs per hour of recovered carbon black (“rCB”) with a particle size distribution of 90% between 10-15 microns, specifications required by most of the Hawkesbury plant’s rCB off-take customers. The processing capacity of the new milling line should more than satisfy the production capacity of rCB produced at the Hawkesbury plant.
The current output from the Hawkesbury facility reaffirms the efficiency and safety of the process, the effectiveness of the control system and the quality and consistency of its end-products, a formula needed for commercial success.
In January 2025, the Company performed its 100 th batch at full capacity of 15,000 lbs each, processing approximately 130,000 end-of-life tires, production of approximately 900,000 gallons of tire-derived oil, 460,000 lbs of recovered carbon black and 200,000 lbs of steel.
In anticipation of the commissioning of the new mill and in preparation of the final ramp-up of the Hawkesbury TDP facility, the Company recently bolstered its Hawkesbury staff to 27 employees. It is also preparing to soon implement double work shifts while training and giving safety training to all new hires.
Middle management at the Hawkesbury TDP facility is also taking shape. Effective immediately, Mr. Aarian Hosein has been appointed Director of Operations, Mr. Steve Rampersad has been promoted to Facility Maintenance Lead, and Mr. Yash Gajjar has been promoted to Site Production Engineer.
Mr. Aarian Hosein is a versatile individual with natural abilities for problem solving and leadership. He has a proven track record for developing effective teams and achieving cultural transformation for Ecolomondo in Safety, Quality and Operational Efficiency. He brings a fine blend of techno-commercial experience, supported by a bachelor’s degree in mechanical engineering, an MBA in Human Resource and General Management and over 20 years of experience in Oil and Gas technical.
Mr. Steve Rampersad is a highly motivated and competent individual with strong technical background and experience in the Industrial Mechanical and Operations field, with Engineering Technical Diplomas and over 20 Years of field experience. Steve has proven to be instrumental in scaling up and performing much needed upgrades in the Company’s Tire Shredding operations.
Mr. Yash Gajjar , a hard working and committed employee since June 2022, is not afraid to take on challenges. Backed by a bachelor’s degree in power electronics engineering, 8 years of professional experience and strong understanding of process operations, Yash has proven to be a valuable asset to the Company’s progress in the commissioning and overall performance particularly in the TDP Department.
Mr. Hari Mynampati will retain his role as Global Sales Director End-Products, and his role will be expanded to Global TDP Sales.
“We expect that achieving this new milestone of processing the recovered carbon black with the new mill will finally bring the Company to final commissioning of the Hawkesbury TDP facility and its commercialization,”, said Jean-François Labbé, Interim CEO of the Company.
About Ecolomondo Corporation
Ecolomondo Corporation, headquartered in Québec, is a Canadian cleantech company that takes pride in its proprietary Thermal Decomposition technology (TDP). It has a 25-year history and during this time has been focused on its development of its technology and the deployment of TDP turnkey facilities . TDP recovers high value re-usable commodities from scrap tire waste, notably rCB, oil , syngas, fiber and steel. Ecolomondo expects to be a leading player in the cleantech space and be an active contributor to the global circular economy. Ecolomondo trades in Canada on the TSX Venture Exchange under the symbol (TSXV:ECM) and in the United States under the symbol (OTCQB:ECLMF). To learn more, visit www.ecolomondo.com
About the Hawkesbury Plant – A 2-Reactor TDP Facility
The Hawkesbury facility building is 46,200 sq.ft and has an indoor clearance of 28 feet. It is state-of-the-art and houses 3 main production departments, tire shredding, thermal decomposition and recycled carbon black refining. Once fully operational, this facility is expected to process over 1.5M of scrap tires per year and produce 4,500 MT of recovered carbon black, 5,400 MT of oil, 2,250 MT of steel, and to process 1,350 MT of process gas.
About the Shamrock Project – A 6-Reactor TDP Facility
Processing capabilities for the Shamrock facility is projected at 5 million end-of-life tires per year, yielding approximately 15,000 MT of recovered carbon black, 18,000 MT of oil, 7,500 MT of steel, and to process 4,500 MT of syngas; roughly three times the size of the Company’s Hawkesbury (Ontario) plant output that is expected to soon commence regular commercial operations. Facility construction is expected to begin by the third quarter of 2025 and projected to cost approximately US$93 million.
Our Mission , Vision & Strategy
Ecolomondo’s mission is to be a contributing participant in a dynamic Circular Economy and to increase shareholder value by producing and supplying large quantities of recovered resources to be re-used in the manufacture of new products.
Ecolomondo’s vision is to be a leading producer and reseller of recovered resources by building and operating TDP facilities, strategically located in industrialized countries, close to feedstock, labor and offtake clients.
Our strategy is to become a major global builder and operator of TDP turnkey facilities, for now specializing in the processing of ELTs. Our intent is to expand aggressively in North America and Europe. Our experience and modular technology should help us get there faster and better. We plan to keep performing ongoing research and development to ensure that Ecolomondo remains technologically advanced.
ISCC Certification
Environmental, Social & Governance (ESG)
On the social aspect the Company plans to measure global health and safety, injury rate and gender diversity, and finally in the corporate governance aspect, the Company is measuring ethics and anticorruption, ESG reporting and board independence.
About TDP
The TDP process is technically proven and more advanced than most other pyrolysis technologies. Over the years, our Technological teams were able to overcome all uncertainties that plagued most competitors especially in the s e areas: pre-filtration, reactor cooling, reactor rotation, water recycling, processing of rCB, (hydrocarbon removal), mass monitoring, heat curve development, humidity and water removal, safety testing, system automation, emissions control and monitoring .
TDP is Environmentally Friendly – CO 2 Reduction
By producing rCB, TDP reduces GHG emissions by 90% versus the production o f virgin carbon black. The production of rCB at the Hawkesbury and Shamrock facilities are expected to reduce CO 2 emissions by 15,000 and 45,000 tons per year, respectively.
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Ecolomondo Corporation Contact
JF Labbé
Interim CEO, Ecolomondo
Tel: (450) 587-5999
jflabbe@ecolomondocorp.com
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 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 as a result 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.
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