Aduro Clean Technologies (ACT) 16th Annual LD Micro Invitational Conference summary

Technology overview and innovation

• Developed a platform technology for processing low-value hydrocarbons into higher-value products using a cost-effective, environmentally friendly process, with over 10 patents and a large addressable market exceeding CAD 200 billion.

• Main applications include chemical recycling of waste plastics, upgrading heavy oil to lighter crude, and future potential in renewable fuels.

• Introduced chemolysis as an alternative to pyrolysis, offering higher yield, better contamination tolerance, and no need for hydrogen, positioning it as a next-generation solution.

Market opportunity and competitive positioning

• Global plastic waste production is about 400 million tons annually, with only 1% processed by leading chemical recycling companies; the rest is mostly landfilled or mechanically recycled.

• Technology targets contaminated and unsorted plastics rejected by mechanical recycling, aiming for rapid growth by addressing this underserved segment.

• Early revenue generation focuses on simple applications like agricultural waste and synthetic turf, with plans to scale up to more complex feedstocks.

Commercialization and operational progress

• Pilot plant in London, Ontario is operational, generating data and advancing toward industrial-scale deployment.

• First commercial unit is being built at Brightlands Chemelot in the Netherlands, with expected operation by late 2027 or early 2028.

• Partnerships established with major industry players, including a leading pipe producer, to address complex recycling challenges.