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Aduro Clean Technologies (CSE:ACT) to promote advanced chemical recycling

Market News, Technology
CSE:ACT
16 March 2023 13:54 (EDT)
Aduro Clean Technologies

Aduro Clean Technologies Inc.

Aduro Clean Technologies (ACT) now has a membership in the Chemistry Industry Association of Canada (CIAC) as part of its Plastics Division.

CIAC is the association of leaders in Canada’s chemistry and plastics sector.

Its Plastics Division is committed to the establishment of a low-carbon circular economy for plastics, including increased use of recycled plastic.

The Aduro Hydrochemolytic™ Technology has a chemical recycling solution that can process a wider range of plastics that are currently ending up in landfills.

In doing so, it converts a higher volume of low-value waste plastics into valuable resources.

The company is eager to work with others who share its vision of a sustainable future.

Chemistry Industry Association of Canada (CIAC)

The CIAC Plastics Division has around 70 members who are in the plastic industry and have committed to 100 per cent of plastic packaging being recyclable by 2030 and reused or recycled by 2040.

According to the company, commitments made by leading plastic companies help move the business in the direction of advanced chemical recycling solutions.

“Our Hydrochemolytic™ Technology offers a transformative chemical recycling solution to address many of the challenges faced by traditional recycling technologies,” said Ofer Vicus, CEO at Aduro Clean Technologies.

Vicus went on to add, “Aduro is committed to working alongside other members of the CIAC Plastics Division to promote Canada’s low-carbon plastics industry and make a positive impact on the environment.”

“Aduro is helping Canada sustainably embrace the values and benefits plastics bring to a modern society,” said Christa Seaman, Acting Vice President of CIAC Plastics Division.

Aduro is a developer of patented water-based technologies to recycle waste plastics chemically.

Aduro Clean Technologies (ACT) is up over 1 per cent, trading at C$0.92 at 1:31 pm EDT.

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