![Canadian Ecolomondo attracts over $32 million in financing to construct new tire pyrolysis plant](/img/articles/ecolomondo-pyrolysis-sm.jpg)
Canadian Ecolomondo attracts over $32 million in financing to construct new tire pyrolysis plant
Ecolomondo Environmental, a subsidiary of Quebec-based Ecolomondo Corporation has secured an amount of CAD 32.1 million in project financing from Export Development Canada (EDC) to build a new, first of its kind turnkey tire pyrolysis facility that will be located on Tessier Street in the Town of Hawkesbury, Ontario. Ecolomondo expects to achieve financial close by the end of March 2019, with proceeds of the financing to be used for engineering, construction and commissioning of the company’s new tire pyrolysis turnkey facility.