Aduro Clean Technologies Aktie

Wer's lieber liest:

https://mailchi.mp/adurocleantech.com/aduro-clean-technologies-selected-to-present-at-chemelot-circular-hub-event-in-the-netherlands?e=c8fe32daac



Aduro Clean Technologies Selected to Present at Chemelot Circularity Hub in the Netherlands

London, Ontario, May 9th, 2024 – 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 pleased to announce its participation in the upcoming Chemelot Circular Hub event on May 15, 2024, at the Brightlands Chemelot Campus in Geleen, Netherlands. Eric Appelman, Chief Revenue Officer, will introduce the Aduro Hydrochemolytic™ technology, a unique approach to chemical recycling.


The Chemelot Circular Hub (CCH) isa leading example of industrial collaboration and innovation in sustainable chemistry. Located in the Limburg region, it encompasses the Brightlands Chemelot Campus, the Chemelot Industrial Park, and Brightsite. These entities work synergistically to transform the chemical industry towards greater sustainability and efficiency. Strategically positioned in the Netherlands, CCH aims to become a European leader in circular chemistry by 2030 and climate-neutral by 2050. It fosters innovation and economic growth by bringing together a broad alliance of companies, governments, and research institutes to develop sustainable solutions for the future. As Europe's most ambitious chemical complex, CCH serves as a role model with its comprehensive plan to become the most sustainable chemical site in Europe.


The Canadian Trade Commission Service has organized a delegation of key figures in government, institutional bodies, regional authorities, and companies active in sustainability, hydrogen, and circular economy solutions to attend the World Hydrogen Summit 2024. As part of the program, the delegation will attend company presentations from a select group and tour the facilities of the Chemelot Industrial Park.


Out of 130 companies located at the Brightlands Campus, Aduro is one of four companies invited to present to the delegation. Eric Appelman will present Aduro’s chemical recycling technology to this influential audience, highlighting its potential to contribute to global sustainability goals.


"At Aduro, we are honored to have our technology recognized among the many outstanding initiatives happening at Chemelot," said Eric Appelman. “An innovative part of our process for recycling plastic waste utilizes biomass or components of waste plastics to stabilize the product which in effect is similar to hydrotreatment using molecular hydrogen. This method not only achieves the required product quality but does so in an affordable and fully circular manner, demonstrating the potential for sustainable chemical recycling."


Ofer Vicus, CEO of Aduro, commented, “Our participation in this event and Aduro’s selection from the impressive list of innovative companies in the CCH ecosystem is a great source of pride. This opportunity is not just about showcasing our technology, but also reinforces our commitment to the European market and key stakeholders in the region, in line with the interest of the delegation members. The establishment of our European subsidiary and the collaboration with Brightlands Chemelot Campus are important elements of our global strategy and we look forward to fostering further collaborations and driving innovation in chemical recycling.”


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, CEO

ovicus@adurocleantech.com


Abe Dyck, Investor Relations

ir@adurocleantech.com

+1 226 784 8889


Arrowhead

Thomas Renaud, Managing Director

enquire@arrowheadbid.com

+1 212 619 6889
...

You Must Connect the Dots Yourself Why This Event is Important for Aduro Clean Tech $ACT $ACHF: https://www.youtube.com/watch?v=fc-wsyL85ws

https://mailchi.mp/adurocleantech.com/aduro-clean-technologies-reports-third-quarter-2024-financial-results?e=c8fe32daac

Aduro Clean Technologies Reports Third Quarter 2024 Financial Results

London, Ontario, April 30, 2024 – 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, has filed its interim consolidated financial results for the three and nine months ended February 29, 2024 and has provided the following highlights. All financial information in this press release is reported in Canadian dollars, unless otherwise indicated.


Ofer Vicus, CEO of Aduro, remarked, “Q3 was a pivotal quarter for the Company as we continued to advance our technology and expand our market presence. The strategic initiatives undertaken not only enhance our technological capabilities but also reinforce our ability to expand our customer engagement program and further our relationships with key stakeholders.”


Mena Beshay, CFO of Aduro, added, “In Q3 we achieved record revenue and maintained a strong cash position. Our financial performance this quarter mirrors the strategic advancements and operational success Aduro has achieved. With our strong financial foundation and continued technological innovation, we are optimally positioned to achieve our goals for 2024 and beyond.”


Third Quarter2024 - Financial Highlights

Quarterly revenue of $103,628 was achieved in Q3 2024, an increase of 78%as compared to revenue of $58,290 generated in Q3 2023.

Year-to-date revenue for the nine-months ending February 29, 2024, was$235,266, an increase of 304% as compared to the nine-months ending February28, 2023.


Loss from operations was $2,027,383 for Q3 2024, an increase of 10% as compared to Loss from operations of $1,845,913 in Q3 2023.


Property, plant, and equipment carrying cost as at February 29, 2024, was $3.5 million, representing an increase of $132,334 and $848,361 in the three- and nine-months ending February 29, 2024, respectively, signifying an increased investment in research equipment and the completion of the new state-of-the-art laboratory and office facilities located in London Ontario.


The Company maintained a strong cash position of $2,156,359 as at February 29th, 2024.


Subsequent to February 29, 2024, the Company received gross proceeds of $2,081,094 from the exercise of warrants and options, further strengthening the Company’s balance sheet.


Third Quarter 2024 - Corporate Highlights and Developments


Strategic Board Appointment: Aduro welcomed Marie Grönborg to its Board of Directors, a seasoned leader with a robust background in sustainable technology. With 30 years of global experience, Ms. Grönborg significantly enhances the diversity and expertise of Aduro's governance structure. Her vast experience as a chemical engineer and former executive in clean-tech industries aligns perfectly with Aduro’s strategic focus on innovation and environmental sustainability. Ms. Grönborg has been a great addition to the board and her leadership is expected to continue to have a profound impact on Aduro’s strategic direction, and in fortifying the Company's position at the forefront of clean technology.


Expansion of Customer Engagement: Building on earlier positive technical evaluation results achieved in the second quarter, a leading Petrochemical Company and confidential participant in the Company’s Customer Engagement Program (CEP) expanded its initial project scope with Aduro. The additional testing included a more diverse range of waste plastic materials, specifically targeting those with higher concentrations of PET, polyurethane, metals, and other challenging contaminants. The decision to expand the initial testing scope highlights the growing interest in our Hydrochemolytic™ technology and the confidence our partners have in the capabilities the Company and its technology platform offer.


Conference Participation: Throughout the third quarter, Aduro actively participated in significant industry events, including the 10th Annual CEM AlphaNorth Capital Event. These events served as excellent platforms for Aduro to highlight its technological advancements, engage with potential investors and partners, and facilitate discussions that are expected to contribute to future collaborations and innovations.


Market Engagement: Aduro's innovative solutions were prominently featured in the Viewpoint with Dennis Quaid documentary series, significantly elevating the profile of its sustainable technologies across abroad audience. The feature was broadcast on over 170 U.S. stations and included a commercial segment aired nationally on the Fox Business Network, showcasing Aduro's commitment to addressing critical environmental challenges through advanced chemical recycling technologies.


Sample Test Results from Continuous Flow Unit: Aduro has achieved significant advancements in the development of its Hydrochemolytic™ Technology through rigorous testing with the continuous flow Plastic reactor. Since its launch in 2023, the reactor has conducted numerous tests on various polypropylene feedstocks, demonstrating exceptional conversion efficiency. The Company shared sample data of test results indicating conversion of up to 95% of the feedstock into valuable hydrocarbon resources, while less than 5% remained unconverted solids or as low value gases. This breakthrough underscores Aduro's potential to enhance the recycling of end-of-life plastics effectively. The reactor test program continues to generate critical data needed to advance the design of the Next Generation Process which remains a major part of Aduro’s strategic goals for 2024.


For a more detailed discussion of Aduro's Q3 2024 results, please refer to the Company's condensed interim consolidated financial statements and interim MD&A for the three and nine months ended February 29, 2024, which are available at www.sedarplus.ca.


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, CEO

ovicus@adurocleantech.com


Abe Dyck, Investor Relations

ir@adurocleantech.com

+1 226 784 8889


Arrowhead

Thomas Renaud, Managing Director

enquire@arrowheadbid.com

+1 212 619 6889
...

Aduro Financials Are Out

Kein direkter Bezug zu Aduro - aber interessantes Interview über Plastik und Recycling:

https://www.msn.com/de-de/finanzen/top-stories/m%C3%BCll-plastikflaschen-als-mehrweg-das-d%C3%BCmmste-was-man-machen-kann/ar-AA1nOu77?rc=1&ocid=winp1taskbar&cvid=585ad5e9fb2d4914ad785a00da729384&ei=43
...
Er hält nichts von Gelber Tonne und Plastikmehrweg:
Der Chemiker Michael Braungart sagt, dass wir umdenken müssen: »Wegschmeißen ist genau das Richtige.« Sofern man die richtigen Kunststoffe nimmt.
...
Wir müssen nicht die Müllmenge verringern, sondern alle Produkte von vornherein so denken, dass sie nach Gebrauch biologisch nützlich sind oder verlustfrei in technische Systeme zurückgeführt werden können.
...
Beim Plastikmüll kommen wir nur weiter, wenn alle Verpackungen aus ein und demselben Kunststoff sind. Davon sind wir weit entfernt. Bei Discountern haben wir Verpackungen aus 52 Plastiksorten gefunden. Zudem enthalten viele unserer Kunststoffe Hunderte Zusatzstoffe, ein Albtraum für jeden Recycler.
...
Wenn wir uns bei Verpackungen auf einen Kunststoff beschränken würden, wäre PET eine gute Wahl. Der Stoff ist transparent, hat beste Barriereeigenschaften, jedes Lebensmittel ließe sich darin verpacken, und man kann PET sogar biologisch abbaubar produzieren. Man könnte das Material zunächst für Getränkeflaschen verwenden, anschließend zu Textilien verarbeiten, schließlich zum Beispiel zu landwirtschaftlichen Folien. Am Ende würde sich das Material einfach auflösen.
...
Seit der Grüne Punkt 1990 startete, ist kein einziger schädlicher Kunststoff, kein giftiges Pigment vom Markt verschwunden. Stattdessen hat sich die Verpackungsmenge verdoppelt.
...
Die Umweltbewegung sagt uns, dass es besser wäre, nicht da zu sein. Dabei müssen wir unser Dasein als Chance und nicht als Belastung empfinden. Wegschmeißen wäre nicht mehr böse, sondern eine Tugend, sobald wir endlich Produkte ohne Schadstoffe haben, die entweder biologisch als Kompost enden oder als Rohstoffe in den technischen Kreislauf zurückfinden.
...
In der DDR wurde nur ein einziger Kunststoff verwendet, das Polypropylen, aus wirtschaftlichem Mangel zwar, aber das Recycling hat wunderbar funktioniert. Da hätte der Westen etwas lernen können.
...

Top 5 Canadian Cleantech Stocks of 2023: https://investingnews.com/daily/tech-investing/cleantech-investing/top-canadian-cleantech-stocks/
Interested in the top Canadian cleantech stocks? Here are the five biggest gainers of the year on the TSX, TSXV and CSE
Aduro Clean Technologies ((CSE: ACT) (OTCQX: ACTHF) (FSE: 9D50)) named as number three

Mariusz und Yazan über den UN Plastic Recycling Treaty:

Der Plastikmarkt wird voraussichtlich so stark wachsen, dass die Konkurrenz für Aduro quasi egal ist. Sie sollten nur mal so weit kommen, dass ihre Anlagen gebaut werden (können).



Für weitere Infos soll dieser Artikel dienen: Plastics - the future of oil