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Jun 19, 2023
Ecolomondo Corporation (TSXV: ECM) (OTC: ECLMF) (the “Company” or “Ecolomondo”), a cleantech company specializing in the commercialization of its Thermal Decomposition Process (“TDP”) proprietary recycling technology and the global deployment of TDP turnkey facilities, announces that during the week of June 10, 2023, it performed a first ever production cycle with a reactor payload of 12,000 lbs per batch, steadily on the path to its optimal target of 15,000 lbs per cycle.
The Company continues on its aggressive pace to commercial operations at its Hawkesbury TDP turnkey facility. Since January 2023, the Hawkesbury plant increased its reactor payloads from 1,600 lbs to 12,000 lbs per cycle, and expects to soon achieve the optimal target of 15,000 lbs per cycle.
Every test run performed so far allowed the technical teams to identify and take corrective measures that mostly resulted in improved efficiency and larger reactor payloads. The recent production cycle of 12,000 lbs was performed with ease and producing excellent quality end-products, and in quantities projected. This increased payload continues to confirm the efficiency and the robust nature of the thermal reactors.
Larger batch volumes have brought to light certain deficiencies in the load and unloading equipment supplied to Ecolomondo by one of its suppliers. Corrective measures are currently under way by both the supplier and Ecolomondo’s technical teams to improve efficiency in these areas.
This cycle size of 12,000 lbs used 677 end-of-life tires (“ELTs”) to produce 4,560 lbs of carbon black, 18 barrels of oil and 1,380 lbs of process gas, including 1,544 lbs of steel and 677 lbs of fiber which were produced during the shredding stage of scrap tires.
While management is optimistic, it cautions that further ramp-up testing may bring to light other issues that may require adjustments.
Source: Ecolomondo
Tire and Rubber Association of Canada
5409 Eglinton Ave W, Suite 208
Etobicoke, ON M9C 5K6
Tel: (437) 880-8420
Email: [email protected]