Welcome to our dedicated page for Ecolomondo news (Ticker: ECLMF), a resource for investors and traders seeking the latest updates and insights on Ecolomondo stock.
Ecolomondo Corporation (OTCQB: ECLMF, TSXV: ECM) is a Québec-based cleantech company that develops and operates Thermal Decomposition Process (TDP) facilities to recycle scrap and end-of-life tires into reusable commodities. The ECLMF news feed on Stock Titan highlights how the company’s technology, facilities and financing evolve over time.
News coverage for Ecolomondo often focuses on operational milestones at its Hawkesbury TDP facility in Ontario. Releases describe the ramp-up of production, record monthly revenues from the sale of recovered carbon black and tire-derived oil, and repeat orders from customers who have approved Ecolomondo’s rCB for use in their supply chains. Updates also discuss shipments of multiple truckloads of rCB and tanker loads of oil, as well as hiring and training efforts to support increased production.
Investors following ECLMF can also track developments around the company’s larger Shamrock project in Texas, including projected processing capacity, expected output of rCB, oil, steel, syngas and fiber, and planned financing structures. Financing and capital markets news includes restructuring of project loans with Export Development Canada, additional funding and loan conversions from the controlling shareholder, and the company’s application to trade on the OTCQB market in the United States.
Other Ecolomondo news items cover certifications such as ISCC and ISO standards, ESG-related initiatives, leadership appointments, and market liquidity arrangements with a trading firm. For readers interested in cleantech, tire recycling and circular economy business models, the ECLMF news page provides a centralized view of Ecolomondo’s operational progress, strategic projects and corporate actions. Bookmark this page to quickly review new press releases and historical announcements about Ecolomondo Corporation.
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Ecolomondo Corporation (TSXV: ECM, OTC: ECLMF) announced the ramp-up of production at its new Hawkesbury TDP facility. Following two successful initial batches using Reactor 1, the company has made enhancements to both Reactor 1 and 2. A recent test batch of 4,000 lbs with Reactor 2 resulted in a thermal processing time of 4½ hours, exceeding predictions. The company plans to operate both reactors simultaneously and aims for a processing capacity of 15,000 lbs per batch, ultimately reaching a target of three batches per day by June 2023. The facility can produce 5,300 tons of carbon black, 42,700 barrels of oil, and more. While management is optimistic, they acknowledge potential necessary adjustments during the ramp-up phase.
Ecolomondo Corporation (OTC: ECLMF) is preparing to ramp up operations at its new Thermal Decomposition Process (TDP) facility in
Ecolomondo Corporation (TSXV:ECM) announced an upcoming investor webinar on March 15, 2023, at 4:00 PM EST. The event will be hosted by Emmy award-winner Ashleigh Barry and feature Eliot Sorella, Chairman and CEO, discussing the progress of the Hawkesbury Thermal Decomposition Process (TDP) facility and the Shamrock, Texas TDP facility. An interactive Q&A session will follow. The TDP technology, focused on recycling scrap tires into valuable commodities, aims to play a vital role in the circular economy, reducing CO2 emissions significantly. Registrants are encouraged to secure their spot early due to limited availability.
Ecolomondo Corporation (ECLMF) announced the successful completion of a second production run at its TDP facility in Hawkesbury on January 25, 2023, following an initial test with 1,600 lbs of scrap tire waste on January 11. The recent batch processed 7,000 lbs, marking the beginning of a ramp-up phase aimed at reaching payloads of 16,000 lbs per reactor. The facility aims to operate 330 days annually, producing 5,300 tons of recovered carbon black, 42,700 barrels of oil, and more. The efficient functioning of the thermal process has been confirmed, which bodes well for Ecolomondo's technology and future operations.
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