Aduro Clean Technologies Provides Update on Joint Western University Research Project
04 April 2024 - 1:00PM
Aduro Clean Technologies Provides Update on Joint Western
University Research Project
Aduro Clean Technologies Inc. (“
Aduro” or the
“
Company”) (CSE:
ACT) (OTCQX:
ACTHF) (FSE:
9D50), a Canadian
technology company using the power of chemistry to transform lower
value feedstocks, like waste plastics, heavy bitumen, and renewable
oils, into resources for the 21st century, is pleased to provide an
update on its research project titled “Tuning Supercritical Fluids
for Polymer Recycling to Monomers and Chemicals” in
partnership with Western University.
Launched in early 2023 with a generous $1.15
million in grant funding from the NSERC Alliance and Mitacs
Accelerate Grants Program, complemented by a $382,500 additional
contribution from Aduro, this three-year project is to advance the
company’s polymer recycling program through conscientious research,
while providing high-quality training and mentoring to the project
researchers to develop them as highly qualified personnel for
advanced polymer recycling. Under the leadership of Dr. Paul
Charpentier and Dr. Cedric L. Briens at Western University, the
team has conducted rigorous studies generating a significant
knowledge database that supports the objective of advancing the
recycling processes.
In April 2024, Dr. Charpentier reported on the
project’s current status, focusing on the innovative recycling of
polyolefins like LDPE, HDPE, and PP using
Hydrochemolytic™ technology (HCT). This research investigates
the applicability of HCT, catalytic and thermal processes, and the
combination thereof to maximize the conversion of mixed plastic
waste into valuable chemicals and streamline the recycling
processes.
The project started with the investigation of
applying HCT to polymer feedstock for benchmarking and training of
personnel along with a thorough literature review and search on
other recycling technologies and contaminants in waste plastic
across the globe. A significant part of the study focused on
understanding the solubility/miscibility and effect of reaction
parameters which are crucial for enhancing chemical recycling
efficiency. A critical aspect of the research aimed at identifying
and quantifying impurities in polyolefins and understanding the
fate of those impurities in different chemical recycling
processes.
The research further delved into advanced
sorting and processing techniques for polyolefin waste, laying the
groundwork for more precise and effective recycling methods. These
comprehensive studies represent a significant leap forward in
polymer recycling, setting the stage for anticipated higher
sustainable and efficient upcycling of plastics into valuable
products.
The current phase will investigate the behavior
of contaminants under Hydrochemolytic technology and pyrolysis
conditions in a methodical approach to building and enhancing the
Company’s database so that when engaging with real-life waste
feedstocks, the information generated becomes more useful in
predicting issues when providing customer solutions. This knowledge
is vital for improving recycling practices and to ensure higher
efficiency and environmental benefits.
Over the duration of the project, the research
program will employ a total of 19 highly skilled research members
and engineers.
A key highlight of the initiative has been the
successful recruitment of researchers from the program into Aduro's
team. Building on our commitment to nurturing talent, Aduro has
already offered positions to outstanding graduates from the
project, enabling them to continue their impactful work as
full-time Aduro employees. This strategic move underscores Aduro's
belief in the importance of investing and integrating research
talent as a cornerstone of innovation and progress in the clean
technology sector.
“We are happy to provide this update and report
on the significant project progress to date. The synergistic
relationship we've cultivated with Western University, is not only
advancing critical research but also fostering the next generation
of scientific leaders to join our team,” stated Ofer Vicus, CEO of
Aduro.
About Aduro Clean
Technologies
Aduro Clean Technologies is a developer of
patented water-based technologies to chemically recycle waste
plastics; convert heavy crude and bitumen into lighter, more
valuable oil; and transform renewable oils into higher-value fuels
or renewable chemicals. The Company’s Hydrochemolytic™ technology
relies on water as a critical agent in a chemistry platform that
operates at relatively low temperatures and cost, a game-changing
approach that converts low-value feedstocks into resources for the
21st century.
For further information, please
contact:
Ofer Vicus, CEOovicus@adurocleantech.com
Abe Dyck, Investor Relationsir@adurocleantech.com+1 604 362
7011
ArrowheadThomas Renaud, Managing
Directorenquire@arrowheadbid.com+1 212 619 6889
Forward-Looking Statements
This news release contains forward-looking
statements. All statements, other than statements of historical
fact that address activities, events, or developments that the
Company believes, expects, or anticipates will or may occur in the
future, are forward-looking statements. The forward-looking
statements reflect management’s current expectations based on
information currently available and are subject to a number of
risks and uncertainties that may cause outcomes to differ
materially from those discussed in the forward-looking statements.
Although the Company believes that the assumptions inherent in the
forward-looking statements are reasonable, forward-looking
statements are not guarantees of future performance, and,
accordingly, undue reliance should not be put on such statements
due to their inherent uncertainty. Important factors that could
cause actual results to differ materially from the Company’s
expectations include adverse market conditions and other factors
beyond the control of the parties. The Company expressly disclaims
any intention or obligation to update or revise any forward-looking
statements whether because of new information, future events, or
otherwise, except as required by applicable law.
The CSE has not reviewed, approved, or disapproved the content
of this news release.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/f6283664-3201-403f-b89e-fad1efd3e93b
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