- Ecolomondo (ECM) has received the final certification of the newly constructed Hawkesbury Thermal Decomposition Process (TDP) facility
- The company invested approximately $42 million in the construction of this 2-reactor TDP facility in Hawkesbury, Ontario
- Ecolomondo is a cleantech company focusing on waste-to-resources technology development and deployment
- Ecolomondo Corporation (ECM) is up 4.65 per cent, trading at C$0.45 per share at 11:59 am ET
Ecolomondo (ECM) has received the final certification of the newly constructed Hawkesbury Thermal Decomposition Process (TDP) facility.
The company invested approximately $42 million in the construction of this 2-reactor TDP facility in Hawkesbury, Ontario. Ecolomondo expects the facility to process 14,000 tons of scrap tires per year to produce 5,300 tons of recovered carbon black (rCB), 42,700 barrels of oil, 1,800 tons of steel, 1,600 tons of process gas and 850 tons of fibre.
Revenue streams of the Hawkesbury facility will come from the sale of recovered end-products. It will include carbon black, oil, steel and fibre while consuming syngas in the process.
The commissioning of the Hawkesbury TDP facility required many certifications from Technical Standards and Safety Authority (TSSA). TSSA has now confirmed the certification for all the equipment at the facility, the latest being for the flare.
TSSA is Ontario’s public safety regulator mandated by the Government of Ontario. It enforces technical safety regulations and enhances public safety for boilers and pressure vessels, fuels and other equipment.
Eliot Sorella, President & CEO of Ecolomondo, commented on the news.
“Achieving this milestone is an exciting accomplishment. In spite of the many bumps along the road, we are finally getting there! As soon as the thermal reactors are safety and leak tested one last time, we expect to start processing rubber waste with a gradual ramp-up of production to follow.”
Ecolomondo is a cleantech company focusing on waste-to-resources technology development and deployment.
Ecolomondo Corporation (ECM) is up 4.65 per cent, trading at C$0.45 per share at 11:59 am ET.