Aduro Clean Technologies (ACT) H.C. Wainwright 27th Annual Global Investment Conference summary

Technology and innovation

• Developed a unique chemical recycling platform that eliminates the need for hydrogen, using a proprietary catalyst and process called chemolysis.

• Holds 10 patents (7 granted, 3 pending), demonstrating strong intellectual property in a saturated sector.

• Technology can process more contaminated and lower-value feedstock than competitors, increasing flexibility and margins.

• Capable of building small, cost-effective, and scalable units, unlike centralized competitors.

• Offers solutions across multiple waste sectors, including post-consumer and industrial waste streams.

Market opportunity and competitive landscape

• Addresses a vast market, with 400 million tons of waste plastic produced annually and only 1% processed by major players.

• Targets the 49% of plastic waste that ends up in landfills, facing little direct competition in this segment.

• Can source lower-cost feedstock ($200/ton) compared to competitors ($400–$600/ton), enhancing profitability.

• Flexible business models include licensing and build-own-operate for niche and underserved waste streams.

• Engaged in collaborations and MOUs with major industrial partners for sector-specific solutions.

Commercialization and business model

• Focused on licensing but also pursuing direct build-own-operate projects to generate near-term revenue.

• Small-scale units (25,000 tons/year) allow modular deployment and rapid scaling, with the ability to serve projects of varying sizes.

• Building a pipeline with Fortune 500 companies, progressing from technology evaluation to paid collaborations.

• 2025 is a pivotal year, with commissioning of an industrial pilot and design completion for a semi-commercial unit.

• Plans to expand to commercial units (2–4 tons/hour) by late 2026 or early 2027.