- Ecolomondo Corporation (TSXV:ECM) announced a major milestone at its two-reactor TDP facility in Ontario
- The facility in Hawkesbury, Ontario, has performed successful simultaneous production cycles of both of its reactors
- The f Hawkesbury TDP facility first began testing its reactors in January 2023
- Shares of Ecolomondo (TSXV:ECM) are up 5.26 per cent to C$0.40 as of 10:15 a.m. ET
Ecolomondo Corporation (TSXV:ECM) notched a significant milestone at its two-reactor thermal decomposition technology (TDP) facility in Ontario.
In a news release on Monday the renewable energy company said it had successfully performed simultaneous production cycles of optimal payloads from both reactors.
With headquarters out of Quebec, Ecolomondo Corporation is a cleantech company advancing its proprietary TDP technology and deploying TDP turnkey facilities.
The company said the facility first began testing its reactors in January with an initial payload of 1,600 pounds. Payloads were then increased to reach a goal of 15,000 pounds per production cycle from each reactor.
The Hawkesbury facility building is 46,200 square feet and has an indoor clearance of 28 feet. It houses four main production departments, tire shredding, thermal decomposition, recycled carbon black refining and oil fractionation.
Once it becomes fully operational, Ecolomondo Corporation said it is expected to process a minimum of 14,000 metric tons of tire waste per year.
The facility is also expected to produce 5,300 metric tons of recovered carbon black, 42,700 barrels of oil, 1,800 metric tons of steel, 1,600 metric tons of process gas and 850 metric tons of fibre.
Shares of Ecolomondo are up 5.26 per cent to C$0.40 as of 10:15 a.m. ET.
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