Ecolomondo Corporation has engaged Craft Capital Management, LLC as its strategic investment banking advisor to support the company's capital markets strategy. This engagement includes financing initiatives and Ecolomondo's contemplated uplisting to the NASDAQ, positioning the company to access capital required for executing its global growth strategy.
Craft Capital Management is a full-service brokerage firm and FINRA, SIPC, and MSRB member with over 100 years of combined financial expertise. The firm delivers customized investment banking services and public offerings while connecting clients to an extensive network of family offices and institutional investors. Additional information about Craft Capital Management LLC is available at https://www.craftcm.com.
Eliot Sorella, Executive Chairman of Ecolomondo, stated that Craft Capital's proven track record in delivering capital solutions aligns strongly with the company's strategy to scale as a leading producer of recovered carbon black and tire pyrolysis oil using Ecolomondo's proprietary Thermal Decomposition Process technology. As global industries accelerate their transition toward circular and sustainable materials, this engagement represents an important step in advancing Ecolomondo's capital markets strategy and supporting its next phase of growth.
Ecolomondo Corporation is a Canadian cleantech company focused on its proprietary Thermal Decomposition Process technology, which recovers high-value commodities from scrap tire waste, including recovered carbon black, tire-derived oil, syngas, fiber, and steel. The company's Hawkesbury facility, once fully operational, is expected to process approximately 1.3 million to 1.5 million scrap tires per year and produce approximately 4,000 metric tons of recovered carbon black, 5,000 metric tons of pyrolysis oil, 2,000 metric tons of steel, and 1,200 metric tons of process gas.
The company's Shamrock Project represents a significant expansion, with processing capabilities projected at 5 million end-of-life tires per year, yielding approximately 15,000 metric tons of recovered carbon black, 18,000 metric tons of oil, 7,500 metric tons of steel, and processing 4,500 metric tons of syngas. This facility is roughly three times the size of the company's Hawkesbury plant output. Facility construction is expected to begin by the third quarter of 2025 and is projected to cost approximately US$93 million.
Ecolomondo's Thermal Decomposition Process reduces greenhouse gas emissions by 90% versus the production of virgin carbon black. The production of recovered carbon black at the Hawkesbury and Shamrock facilities is expected to reduce CO2 emissions by 15,000 and 45,000 tons per year, respectively. The company recently received International Sustainability and Carbon Certification for its Hawkesbury TDP facility, which offers chain-of-custody certification systems to ensure traceability and feedstock identity, adding commercial value to the company's end-products as they remain traceable in the supply chain.
Revenue streams from the TDP turnkey facilities will come from the sale of end-products manufactured on-site, namely recovered carbon black, oil, steel and syngas, as well as tipping fees for the processing of scrap tires. The company's strategy is to become a major global builder and operator of TDP turnkey facilities, specializing in the processing of end-of-life tires, with plans to expand aggressively in North America and Europe. Visit https://www.ecolomondo.com for more information about the company's technology and operations.
