Overview
- Aduro’s subsidiary, Aduro Energy Inc., executed a non-binding agreement to build a commercial licensing program for its Hydrochemolytic Technology.
- The plan includes a pre-engineered plant concept the EPC partner could use to design and deliver industrial facilities for mixed, contaminated plastic waste.
- The collaboration pairs Aduro’s process know-how with the EPC firm’s design and project-delivery expertise to enable modular, repeatable projects.
- Stage-gated work aims to define a licence-driven business that sets marketing, pricing, delivery and support for HCT-based recycling plants.
- Data from the NGP pilot and a planned first-of-a-kind plant at Chemelot in the Netherlands will inform the licence package, and shares rose 0.34% premarket after the announcement.