Aduro Clean Technologies Shares Sample Test Results from its Continuous Flow Unit Experimentation and Optimization Program
15 Febbraio 2024 - 1:00PM
Aduro Clean Technologies Inc.
(“
Aduro” or the “
Company”) (CSE:
ACT) (OTCQX:
ACTHF) (FSE:
9D50), a Canadian technology company using the
power of chemistry to transform lower value feedstocks, like waste
plastics, heavy bitumen, and renewable oils, into resources for the
21st century, is delighted to provide an update on the significant
progress made in confirming and presenting the unique advantages of
the Hydrochemolytic™ Technology (HCT).
Since commencing the commissioning of its
Continuous Flow Plastic Reactor in 2023, Aduro has conducted over
240 test runs on a variety of feedstock compositions, with the
longest test stretching to 36 hours. The unit was committed to run
experiments both for our Customer Engagement Program (CEP) and to
achieve research goals, working with a broad variety of feedstocks
and advancing the design of the Next Generation Process. Aduro
considers its CEP approach crucial to assuring maximum alignment
with market needs and changes therein, and to connect to
specialised competences and expertise, and as such the CEP has
significantly contributed to the advancement and refinement of
Aduro’s Next Generation Process.
The following sample results and key summary
observations relate to test runs of waste polypropylene using the
Continuous Flow Plastic Reactor unit:
- Less than 5% of input ends up as
non-recyclable material (carbon and fuel gas)
- Up to 95% of the carbon in
polyolefin feedstock is converted into potential hydrocarbon
feedstock for the production of new plastics and/or other
chemicals.
- All feedstock is highly saturated,
avoiding the need for costly post-hydrogenation.
Achieving a high yield of total fungible
products from waste plastics is one of the main advantages of HCT
and achieving supportive testing results on the Continuous Flow
Plastic Reactor is a strong validation of the considerable progress
achieved to date.
“This update outlines to our stakeholders and
industry partners some of the results that we have achieved on our
recent runs with recycled polypropylene. The exceptional test
results confirm our assessment that the majority of the polymer
substance is converted into a fungible product and the CO2
footprint of the process is exceptionally low,” commented Ofer
Vicus, CEO at Aduro. “It's a clear demonstration of HCT's ability
to outperform traditional chemical recycling methods, potentially
offering a sustainable solution with strong environmental and
economical benefits to our customers.”
“Our Hydrochemolytic™ Technology is not just a
step forward; it's a leap into the future of chemical recycling,”
said Eric Appelman CRO at Aduro. “Current test results have shown
that HCT is capable of transforming the recycling landscape, making
the impossible possible by turning mixed and contaminated plastics
into high-value resources, and opening the door to chemical
recycling to process higher volumes of waste plastics as a
competitive source of carbon."
"Achieving less than 5% carbon loss to methane
and char in our tests is not just a technical success; it's a
monumental step towards sustainable plastic management,” added Eric
Appelman. “This level of carbon recovery efficiency positions HCT
as a pivotal technology in the fight against plastic waste and
carbon footprint reduction."
As Aduro Clean Technologies continues to gather
and analyze test results, we remain committed to transparency and
scientific rigor. A comprehensive report detailing our findings and
the impact of these innovations on the recycling industry and
environmental sustainability is forthcoming. We anticipate sharing
this report with our stakeholders and the broader community in the
near future, underscoring our dedication to leading the charge
towards a more sustainable world through innovative chemical
recycling technologies.
About Aduro Clean
Technologies
Aduro Clean Technologies is a developer of
patented water-based technologies to chemically recycle waste
plastics; convert heavy crude and bitumen into lighter, more
valuable oil; and transform renewable oils into higher-value fuels
or renewable chemicals. The Company’s Hydrochemolytic™ technology
relies on water as a critical agent in a chemistry platform that
operates at relatively low temperatures and cost, a game-changing
approach that converts low-value feedstocks into resources for the
21st century.
For further information, please
contact:
Ofer Vicus, CEOovicus@adurocleantech.com
Abe Dyck, Investor Relationsir@adurocleantech.com+1 604 362
7011
ArrowheadThomas Renaud, Managing
Directorenquire@arrowheadbid.com+1 212 619 6889
Forward-Looking Statements
This news release contains forward-looking
statements. All statements, other than statements of historical
fact that address activities, events, or developments that the
Company believes, expects, or anticipates will or may occur in the
future, are forward-looking statements. The forward-looking
statements reflect management’s current expectations based on
information currently available and are subject to a number of
risks and uncertainties that may cause outcomes to differ
materially from those discussed in the forward-looking statements.
Although the Company believes that the assumptions inherent in the
forward-looking statements are reasonable, forward-looking
statements are not guarantees of future performance and,
accordingly, undue reliance should not be put on such statements
due to their inherent uncertainty. Important factors that could
cause actual results to differ materially from the Company’s
expectations include adverse market conditions and other factors
beyond the control of the parties. The Company expressly disclaims
any intention or obligation to update or revise any forward-looking
statements whether as a result of new information, future events,
or otherwise, except as required by applicable law.
The CSE has not reviewed, approved, or disapproved the content
of this news release.
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/dcce4048-1539-41ba-833b-8036685821e3
https://www.globenewswire.com/NewsRoom/AttachmentNg/b596eff9-4ea2-4f09-bb5d-a86f4c2395c7
Grafico Azioni Aduro Clean Technologies (TG:9D50)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni Aduro Clean Technologies (TG:9D50)
Storico
Da Giu 2023 a Giu 2024