Ecolomondo Expects To Soon Receive New Milling Line

Ecolomondo Corporation (TSXV: ECM) (OTCQB: ECLMF) (the “Company” or “Ecolomondo”), a leading innovator in sustainable tire recycling technology, announces that it expects to soon receive its new milling line.

As previously announced, the Company was in the final stages of the commercialization of its Hawkesbury TDP facility when it discovered a major deficiency in its recovered carbon black milling line that was already installed. After numerous months of testing, the milling line was incapable to achieve the promised output of 1,600 lbs per hour of recovered carbon black (“rCB”) nor was it capable to yield a particle size of 10-15 microns, the particle size promised and required by most of the Company’s rCB off-takers.

The Company immediately undertook the necessary steps to select and purchase a replacement milling line capable of fulfilling the required output and particle size.

The new milling line will have the capabilities of milling 2,200 lbs per hour of rCB and produce the particle size of 10-15 microns, which should satisfy all of the Company’s rCB off-takers. Once the new milling line is operational, management believes it will be a major achievement to the commercial success of the Company.

The Company is proud to announce that the new milling line purchased is now built, inspected, paid and was shipped on November 24, 2024. It is scheduled to arrive at the Company’s Hawkesbury facility by early January 2025.

The Company is currently preparing to install the new milling line during the month of January, and expects to begin commissioning in February 2025.

“We are excited about our new milling line and look forward to begin supplying the needs of our rCB off-takers,”, said Jean-François Labbé, Interim CEO of the Company. During 2024, the Company also worked on improvements in its other processes and recently announced another milestone in its tire shredding output. It believes that it is now capable to produce enough crumb rubber to supply 2 TDP reactors at full projected capacity of 15,000 lbs per batch for over 2 batches for each reactor every day.

Source: Ecolomondo