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Ecolomondo Advances Texas Tire Recycling Project with Independent Feasibility Study

By Advos

TL;DR

Ecolomondo's Texas expansion with August Brown's risk validation enhances investor confidence for green bonds, offering a strategic advantage in sustainable tire recycling.

Ecolomondo's Thermal Decomposition Process converts scrap tires into valuable commodities like carbon black and oil through modular reactors, with independent feasibility studies ensuring operational viability.

Ecolomondo's Shamrock facility reduces CO2 emissions by 45,000 tons annually, advancing circular economy goals and creating cleaner industrial practices for future generations.

Ecolomondo's Texas plant will process 5 million tires yearly into reusable materials, tripling output with proven technology that cuts carbon black emissions by 90%.

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Ecolomondo Advances Texas Tire Recycling Project with Independent Feasibility Study

Ecolomondo Corporation has retained August Brown, LL.C. as independent risk advisor to conduct a feasibility study for its planned Shamrock, Texas facility. The study will validate the project's business plan and risk mitigation framework as part of preparations for a green bond offering to finance the development.

The Shamrock facility will replicate Ecolomondo's proprietary Thermal Decomposition Process technology currently operating at the company's Hawkesbury, Ontario facility. The Texas project will consist of a six-reactor plant with approximately three times the capacity of the Ontario operation. Once operational, the Shamrock facility is projected to process 5 million end-of-life tires annually, yielding approximately 15,000 metric tons of recovered carbon black, 18,000 metric tons of oil, 7,500 metric tons of steel, and 4,500 metric tons of syngas.

This expansion represents the next phase of Ecolomondo's growth strategy following the successful commercialization of its technology in Ontario. The company has secured a 136-acre industrial site in Shamrock with support from the Shamrock Economic Development Corporation and has sourced long-term agreements for scrap tire feedstock to sustain operations. The independent review process is designed to enhance transparency and strengthen investor confidence ahead of the bond offering.

Eliot Sorella, Executive Chairman of Ecolomondo, stated that independent validation of the technology, projected operations, and financial model is essential for engaging investors, lenders, and potential joint-venture partners. The feasibility study will assess business, operational, market, and financial risks, with a potential second phase focusing on engineering, technology validation, and project execution risk.

The environmental impact of the Shamrock project is significant, with the production of recovered carbon black reducing greenhouse gas emissions by 90% compared to virgin carbon black production. The facility is expected to reduce CO2 emissions by 45,000 tons annually. Ecolomondo's Hawkesbury facility recently received International Sustainability and Carbon Certification, which ensures traceability and feedstock identity, adding commercial value to the company's end-products. More information about the company's technology and operations can be found at https://www.ecolomondo.com.

The company's strategy involves becoming a major global builder and operator of Thermal Decomposition Process facilities, with plans to expand aggressively in North America and Europe. Revenue from the Texas facility will come from the sale of recovered carbon black, tire-derived oil, steel, and syngas, as well as tipping fees for processing scrap tires. The independent validation by August Brown, a boutique agency specializing in growth acceleration, represents a critical step in securing financing for this expansion of sustainable recycling infrastructure. Additional details about the consulting firm are available at https://www.augustbrown.com.

Curated from NewMediaWire

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