Ecolomondo Corporation has engaged Craft Capital Management, LLC as its strategic investment banking advisor to support the company's capital markets strategy, including financing initiatives and a contemplated uplisting to the NASDAQ. This move positions Ecolomondo to access the capital required to execute on its global growth strategy as a leader in sustainable scrap tire recycling technology.
Craft Capital Management's mandate includes assisting Ecolomondo with its capital markets approach, with the NASDAQ uplisting being a key component. The firm brings over 100 years of combined financial expertise and provides customized investment banking services and public offerings while connecting clients to an extensive network of family offices and institutional investors. Additional information about Craft Capital Management LLC is available at https://www.craftcm.com.
Eliot Sorella, Executive Chairman of Ecolomondo, stated that Craft Capital's proven track record in delivering capital solutions aligns strongly with the company's strategy to scale as a leading producer of recovered carbon black and tire pyrolysis oil using Ecolomondo's proprietary Thermal Decomposition Process. As global industries accelerate their transition toward circular and sustainable materials, this engagement represents an important step in advancing Ecolomondo's capital markets strategy and supporting its next phase of growth.
Ecolomondo's technology recovers high-value commodities from scrap tire waste through its Thermal Decomposition Process, which produces recovered carbon black, tire-derived oil, syngas, fiber, and steel. The company's Hawkesbury facility, once fully operational, is expected to process approximately 1.3 million to 1.5 million scrap tires per year and produce approximately 4,000 metric tons of recovered carbon black, 5,000 metric tons of pyrolysis oil, 2,000 metric tons of steel, and 1,200 metric tons of process gas. The larger Shamrock Project, with construction expected to begin by the third quarter of 2025, 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.
The company's recent International Sustainability and Carbon Certification for its Hawkesbury TDP facility represents another step forward that should help improve demand for the technology. ISCC offers chain-of-custody certification systems to ensure traceability and feedstock identity, which can add commercial value to the company's end-products as they remain traceable in the supply chain. More information about Ecolomondo Corporation is available at https://www.ecolomondo.com.
From an environmental perspective, Ecolomondo's TDP process reduces greenhouse gas emissions by 90% versus the production of virgin carbon black. The production of recovered carbon black at the Hawkesbury and Shamrock facilities is expected to reduce CO2 emissions by 15,000 and 45,000 tons per year, respectively. This engagement with Craft Capital Management comes as Ecolomondo seeks to expand aggressively in North America and Europe, with the company's experience and modular technology positioned to facilitate faster and more effective growth in the circular economy sector.
