Ecolomondo Corporation has retained August Brown, LL.C. as an independent risk advisor to conduct a feasibility study for its planned Shamrock, Texas facility. The study will validate the project's business plan and risk mitigation framework as part of preparations for a green bond offering to finance the development.
The Shamrock facility will replicate Ecolomondo's proprietary Thermal Decomposition Process technology currently operating at its Hawkesbury, Ontario facility. The Texas project will consist of a six-reactor plant with approximately three times the capacity of the Ontario operation. Once operational, the Shamrock facility 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.
This expansion represents the next phase of Ecolomondo's growth strategy following the successful commercialization of its technology in Ontario. The company has secured a 136-acre industrial site in Shamrock with support from the Shamrock Economic Development Corporation and has sourced long-term agreements for scrap tire feedstock to sustain operations.
The independent review process is designed to enhance transparency, strengthen investor confidence, and support informed decision-making by bondholders and project partners. Eliot Sorella, Executive Chairman of Ecolomondo, stated that independent validation of the technology, projected operations, and financial model is an essential step that resonates strongly with investors, lenders, and potential joint-venture partners.
The Thermal Decomposition Process recovers high-value commodities from scrap tire waste, including recovered carbon black, tire-derived oil, syngas, fiber, and steel. Revenue streams from TDP facilities come from the sale of these end-products as well as tipping fees for processing scrap tires. The company's Hawkesbury facility, which serves as the model for the Texas expansion, is expected to process 1.3 to 1.5 million scrap tires annually once fully operational.
Environmental benefits are significant, with the production of recovered carbon black reducing greenhouse gas emissions by 90% compared to virgin carbon black production. The Shamrock facility alone is expected to reduce CO2 emissions by 45,000 tons per year. The company's technology has received International Sustainability and Carbon Certification for its Hawkesbury facility, which ensures traceability and feedstock identity in the supply chain.
August Brown's engagement will include a comprehensive feasibility study assessing business, operational, market, and financial risks associated with the project. Following completion of this phase, the firm is expected to undertake a second stage focused on engineering, technology validation, and project execution risk. More information about August Brown's services can be found at https://www.augustbrown.com.
Ecolomondo's strategy is to become a major global builder and operator of TDP turnkey facilities, with plans to expand aggressively in North America and Europe. The company maintains that its modular technology and experience should facilitate this expansion. Additional details about Ecolomondo's technology and operations are available at https://www.ecolomondo.com.
