Ecolomondo Corporation (TSXV: ECM) (OTCQB: ECLMF), a Canadian innovator in sustainable scrap tire recycling technology, has retained August Brown, LLC as an independent risk advisor to support the development of its planned facility in Shamrock, Texas. The engagement includes conducting an independent validation of the project's business plan and risk mitigation framework as part of preparations for the sale of the green bond supporting the project.
The Shamrock facility will replicate Ecolomondo's proprietary, modular Thermal Decomposition Process (TDP) technology currently operating at the Company's Hawkesbury, Ontario facility. The proposed project will consist of a six-reactor TDP plant, approximately three times the capacity of the Hawkesbury operation. Processing capabilities for the Shamrock facility are projected at 5 million end-of-life tires per year, yielding approximately 15,000 metric tons of recovered carbon black, 18,000 metric tons of oil, 7,500 metric tons of steel, and processing 4,500 metric tons of syngas. This represents roughly three times the output of the Hawkesbury plant, which is expected to soon commence regular commercial operations.
The Shamrock project represents the next phase of Ecolomondo's growth strategy following the successful commercialization of its TDP technology at the Hawkesbury facility. With strong support from the Shamrock Economic Development Corporation, the Company has secured a 136-acre industrial site in Shamrock, Texas, and sourced long-term agreements for scrap tire feedstock that should sustain the Texas facility's operations.
August Brown's engagement will include a comprehensive feasibility study assessing business, operational, market, and financial risks associated with the project. Following completion of this phase, August Brown is expected to undertake a second stage focused on engineering, technology validation, and project execution risk. The independent review process is designed to enhance transparency, strengthen investor confidence, and support informed decision-making by bondholders and project partners.
Eliot Sorella, Executive Chairman of Ecolomondo, commented: "Independent validation of our technology, projected operations, and financial model for our planned Shamrock Facility is an essential step that resonates strongly with investors, lenders, and potential joint-venture partners."
Ecolomondo's TDP technology recovers high-value commodities from scrap tire waste, including recovered carbon black (rCB), tire-derived oil (TDO), syngas, fiber, and steel. Revenue streams from TDP turnkey facilities come from the sale of end-products manufactured on-site, as well as tipping fees for processing scrap tires. The company's Hawkesbury facility, a 2-reactor TDP plant, is expected to process approximately 1.3 to 1.5 million scrap tires per year and produce on average approximately 4,000 metric tons of rCB, 5,000 metric tons of pyrolysis oil, 2,000 metric tons of steel, and 1,200 metric tons of process gas.
By producing rCB, TDP reduces greenhouse gas emissions by 90% compared to the production of virgin carbon black. The production of rCB at the Hawkesbury and Shamrock facilities is expected to reduce CO2 emissions by 15,000 and 45,000 tons per year, respectively. The company has also received International Sustainability and Carbon Certification (ISCC) for its Hawkesbury TDP facility, which ensures traceability and feedstock identity, adding commercial value to end-products.
Ecolomondo's mission is to contribute to a dynamic circular economy and increase shareholder value by producing and supplying large quantities of recovered resources for reuse in new products. The company's strategy is to become a major global builder and operator of TDP turnkey facilities, specializing in processing end-of-life tires, with plans to expand aggressively in North America and Europe.
For more information, visit www.ecolomondo.com and www.augustbrown.com.
