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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.

Ecolomondo Corporation (TSX-V: ECM) (the “Company” or “Ecolomondo”) releases its unaudited interim consolidated financial statements and notes hereto and its related management discussion & analysis (“MD&A”) for the interim period ended September 30, 2020 (the “Interim Financial Statements”). Ecolomondo says that during the period, it made considerable progress on the construction of its new Hawkesbury Thermal Decomposition (“TDP”) turnkey facility. Management estimates that construction of the building that will house the plant is about 90% complete and expects completion by the end of 2020. Installation of the plant equipment began in late August of 2020 and is proceeding according to schedule while commissioning is now scheduled to begin in the first quarter of 2021.

The Reivew, a Canadian newspaper, informs about the latest updates to Ecolomondo’s tire pyrolysis facility in Hawkesbury, Canada. According to the newspaper, the new Ecolomondo Thermal Decomposition (TDP) in Hawkesbury will be the first of its kind in the world when it begins operations scheduled for summer 2021. The Reivew says the new plant is equipped with the latest technology and will be the first automotive tire pyrolysis facility which will be able to completely recycle all materials from end of-life tires. The plant will produce marketable end-products: oil, steel, fiber, recycled carbon black and syngas, and will be equipped to secondary process them to improve their quality.

Weibold, a renowned consultancy firm specializing in tire pyrolysis, is pleased to announce a strategic collaboration with Green Avengers R&D Solutions and a team of Department of Chemistry, Ramnarain Ruia Autonomous College, University of Mumbai. Green Avengers is a grassroots research and development organization dedicated to advancing eco-conscious research and commercial technology development within global communities.

Weibold is pleased to support the 29th annual Chemfest—REACT 2024-25, organized by the Department of Chemistry at S.P. Mandali’s Ramnarain Ruia Autonomous College. This year’s festival is themed "Viksit Bharat" (Developed India) with a special focus on "AI in Chemistry," reflecting the dynamic intersection of artificial intelligence and chemical sciences.

On August 5, 2021, a press release by McDermott International informed announced the company has been awarded a Front-End Engineering Design (FEED) contract from the Michelin Group in France for an innovative waste tire technology enabling large-scale production of recycled carbon black—a key ingredient in advancing the next generation of sustainable tires. This award follows a similar FEED announcement in April, which is focusing on the production of regenerated styrene to make synthetic rubber for tires. Incorporating Scandinavian Enviro Systems' licensed pyrolysis process, a technology that separates bulky waste into raw materials for repeated production, the implementation of this waste-to-value solution further advances Michelin's commitment to building a circular economy and increasing the demand—and availability—of sustainable materials.