Ecolomondo Corporation has engaged Craft Capital Management, LLC as its strategic investment banking advisor. The firm's mandate includes supporting Ecolomondo's capital markets strategy, financing initiatives, and the company's contemplated uplisting to the NASDAQ. This move positions Ecolomondo to access the capital required to execute its global growth strategy.
Craft Capital Management is a full-service brokerage firm and FINRA, SIPC, and MSRB member with over 100 years of combined financial expertise. The firm delivers customized investment banking services and public offerings while connecting clients to an extensive network of family offices and institutional investors. Additional information about Craft Capital Management LLC is available at https://www.craftcm.com.
Eliot Sorella, Executive Chairman of Ecolomondo, stated that Craft Capital's proven track record in delivering capital solutions aligns strongly with the company's strategy to scale as a leading producer of recovered carbon black and tire pyrolysis oil using Ecolomondo's proprietary Thermal Decomposition Process. As global industries accelerate their transition toward circular and sustainable materials, this engagement represents an important step in advancing Ecolomondo's capital markets strategy and supporting its next phase of growth.
Ecolomondo Corporation is a Canadian cleantech company focused on its proprietary Thermal Decomposition Process technology, which recovers high-value commodities from scrap tire waste, including recovered carbon black, tire-derived oil, syngas, fiber, and steel. Visit https://www.ecolomondo.com for more information about the company's technology and operations.
The company's Hawkesbury facility, a 2-reactor TDP facility, is expected to process approximately 1.3 million to 1.5 million scrap tires per year once fully operational, producing approximately 4,000 metric tons of recovered carbon black, 5,000 metric tons of pyrolysis oil, 2,000 metric tons of steel, and 1,200 metric tons of process gas. The Shamrock Project, a 6-reactor TDP facility, is projected to process 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 4,500 metric tons of syngas.
Ecolomondo's strategy involves becoming a major global builder and operator of TDP turnkey facilities, with plans to expand aggressively in North America and Europe. The company's recent International Sustainability and Carbon Certification for its Hawkesbury TDP facility represents another step forward that should help improve demand for TDP products. This certification offers chain-of-custody certification systems to ensure traceability and feedstock identity, adding commercial value to the company's end-products as they remain traceable in the supply chain.
The TDP process reduces greenhouse gas emissions by 90% versus the production of virgin carbon black. The production of recovered carbon black at the Hawkesbury and Shamrock facilities is expected to reduce CO2 emissions by 15,000 and 45,000 tons per year, respectively. Revenue streams from TDP turnkey facilities will come from the sale of end-products manufactured on-site as well as tipping fees for processing scrap tires.
This strategic partnership with Craft Capital Management comes at a critical time as industries worldwide seek sustainable alternatives to traditional manufacturing processes. The engagement positions Ecolomondo to capitalize on growing demand for circular economy solutions while addressing the global challenge of tire waste management. The company's expansion plans, supported by this new financial advisory relationship, could significantly impact the sustainable materials sector and contribute to broader environmental goals.
