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Joint Venture Partner Aresol Issues A Press Release Announcing JV Agreement With Ecolomondo
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Montreal, QC, October 20, 2025 – TheNewswire - Ecolomondo Corporation (TSXV: ECM) (OTCQB: ECLMF) (the “Company” or “Ecolomondo”), a leading innovator in sustainable scrap tire recycling technology, is pleased to report that Alternativas Riojanas Eolicas y Solares S.L. (“ARESOL”) has announced its joint venture with Ecolomondo in Europe.
The press release from ARESOL is reproduced in its entirety hereunder.
“October 14, 2025 – ARESOL Renovables, a Spanish business group with a recognized track record in the renewable energy and circular economy sectors, is proud to announce its recent agreement with Ecolomondo Corporation (TSXV: ECM) (OTC: ECLMF), a Canadian company specializing in innovative sustainable recycling technology for end-of-life tires. This agreement establishes Ecolomondo’s European subsidiary, “Ecolomondo EU”, headquartered in Spain, which will oversee the development and implementation of Ecolomondo’s exceptional TDP (Thermal Decomposition Process) technology in at least four tire pyrolysis plants to be built within the European Union.
Prior to this agreement, on December 2, 2024, Ecolomondo had signed a non-binding letter of intent with Aresol for a joint venture to build a TDP-based tire pyrolysis plant featuring four reactors and capable of processing 20,000 metric tons of end-of-life tires per year in Spain.
The current agreement, signed in July 2025, is more ambitious and better aligned with both companies’ strategies and aspirations. It was formalized after a thorough and successful technical due diligence process, which confirmed the suitability of Ecolomondo’s TDP technology for producing high-value economic and environmental products from the recovery of a difficult-to-manage waste: vehicle and truck tires.
During this audit process, conducted entirely at Ecolomondo’s commercial-scale plant in Hawkesbury, Ontario, the complete production and transformation process of tires was verified and validated — from pre-shredding and textile and steel separation, through the pyrolysis reactors and extraction phases of TPO (Tire Pyrolysis Oil / NDLR: also known as TDO – Tire-Derived Oil), to the MPS (Micronizing, Pelletizing, and Drying) process for homogenizing rCB (Recovered Carbon Black). Various samples of TPO and rCB were analyzed, confirming full compliance with all market standards required by major buyers, ensuring not only strong environmental value but also excellent economic potential.
According to Mr. Eliot Sorella, Executive Chairman of Ecolomondo, and Mr. Raúl Sáenz, Partner at Aresol, this strategic alliance “will enable the rapid deployment in Europe, over the coming years, of the most efficient, viable, and advanced end-of-life tire management technology. It will also help EU member states continue improving their tire waste management amid growing environmental restrictions on energy recovery and certain material recovery methods.”
Both leaders highlighted the timeliness and strength of this agreement.
“We couldn’t imagine a better partner for our entry into Europe,” said Mr. Sorella. “We share a common vision to deliver a reliable, consistent technological solution to a pressing environmental challenge. We’ve both worked hard to build our capabilities and are 100% committed to this project. Aresol brings privileged presence in the EU, strong regulatory and cultural expertise, solid EPC capabilities that have led them to deliver large-scale renewable and circular economy projects, and, above all, a trusted team and partners we can rely on unconditionally in our growth and expansion journey.”
“At Ecolomondo, we have found not only a great technological partner but also an unstoppable driving force for our shared project,” stated Mr. Sáenz. “Their technology works — and exceeds expectations — something rare and difficult to confirm today. We’ve audited their process, validated their exceptional products, witnessed daily shipments of TPO and rCB to end customers, and, most importantly, we’ve done all this alongside Ecolomondo’s outstanding professional team. We believe Europe faces a major challenge in managing end-of-life tires more sustainably, both environmentally and economically, and we are convinced that Ecolomondo’s TDP technology offers a reliable and scalable solution to achieve this quickly.”
After further discussions and detailed technical auditing by Aresol, the parties signed in July 2025 a definitive agreement to build four turnkey tire pyrolysis plants using Ecolomondo’s TDP technology within the European Union, the first of which will be located in Valencia, Spain. The locations of the other three facilities will be determined after due diligence, focusing on the availability of raw materials, management costs, offtake agreements, and government support.
While the initial ambition is to develop and build four tire pyrolysis plants in the short term, the new company’s strategy and the partners’ combined capabilities — together with an increasingly favorable market — make it possible to set an even more ambitious medium-term goal for expanding and consolidating Ecolomondo’s TDP technology within the EU. This will undoubtedly lead to a significant increase in the role of pyrolysis as a key vector for tire recovery, its consolidation as a solid alternative to other recovery methods, and the maturity and definitive establishment of the recovered carbon black (rCB) market as a high-value, in-demand product — both economically and environmentally.”
ABOUT ARESOL
ARESOL is a business group with over 40 years of experience in the renewable energy sector that develops, executes and operates renewable energy projects from conception to installation and operation. ARESOL has strong expertise in Engineering, Procurement, Construction (“EPC”) and intends to develop and implement pyrolysis projects for end-of-use tires in Europe using Ecolomondo’s proprietary pyrolysis TDP technology.
REGISTER FOR THE INTERACTIVE WEBINAR IN OCTOBER
The interactive webinar, scheduled for October 22, 2025, at 4:00 PM EST, is to discuss the Company’s current ramp-up at the Hawkesbury TDP facility and how it will impact the Company’s future. Executive Chairman Eliot Sorella will discuss the recent increase in production, increase in sales and the increasing interest in the Company’s renewable products by off-takers.
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Register now: https://globalonemedia.zoom.us/webinar/register/WN_1uNDlN0xTryLldx-wNWeBw
NEW PODCAST
Tune in to the full interview to get insights from Executive Chairman Eliot Sorella:
CURRENT EVENTS
New Ecolomondo Podcast Available “How Ecolomondo’s Vision is Turning into Reality”
The Company’s Executive Chairman, Eliot Sorella, recently participated in a podcast in the series “Stock to Watch”. The video is available on:
About Ecolomondo Corporation
Ecolomondo Corporation, headquartered in Québec, is a Canadian cleantech company that takes pride in its proprietary Thermal Decomposition technology (TDP). It has a 25-year history and during this time has been focused on its development of its technology and the deployment of TDP turnkey facilities. TDP recovers high value re-usable commodities from scrap tire waste, notably rCB, oil, syngas, fiber and steel. Ecolomondo expects to be a leading player in the cleantech space and be an active contributor to the global circular economy. Ecolomondo trades in Canada on the TSX Venture Exchange under the symbol (TSXV:ECM) and in the United States under the symbol (OTCQB:ECLMF). To learn more, visit www.ecolomondo.com
Revenue Streams of TDP Facilities
Revenue streams from the Hawkesbury TDP facility come the sale of end-products manufactured on-site, namely rCB, oil, steel and syngas, as well as tipping fees for the disposal of scrap tires.
About the Hawkesbury Plant – A 2-Reactor TDP Facility
The Hawkesbury facility building is 46,200 sq.ft and has an indoor clearance of 28 feet. It is modern and houses 3 main production departments, tire shredding, thermal decomposition and recovered carbon black refining. Once fully operational, this facility is expected to process approximately 1 million scrap tires per year mostly comprised of car, SUV and truck tires resulting in the production of approximately 4,000 MT of recovered carbon black, 5,000 MT of pyrolysis oil, 2,000MT of steel, and 1,200 MT of process gas.
About the Shamrock Project – A 6-Reactor TDP Facility
Processing capabilities for the Shamrock facility is projected at 5 million end-of-life tires per year, yielding approximately 15,000 MT of recovered carbon black, 18,000 MT of oil, 7,500 MT of steel, and to process 4,500 MT of syngas; roughly three times the size of the Company’s Hawkesbury (Ontario) plant output that is expected to soon commence regular commercial operations. Facility construction is expected to begin by the third quarter of 2025 and projected to cost approximately US$93 million.
Our Mission, Vision & Strategy
Ecolomondo’s mission is to be a contributing participant in a dynamic Circular Economy and to increase shareholder value by producing and supplying large quantities of recovered resources to be re-used in the manufacture of new products.
Ecolomondo’s vision is to be a leading producer and reseller of recovered resources by building and operating TDP facilities, strategically located in industrialized countries, close to feedstock, labor and offtake customers.
Our strategy is to become a major global builder and operator of TDP turnkey facilities, for now specializing in the processing of ELTs. Our intent is to expand aggressively in North America and Europe. Our experience and modular technology should help us get there faster and better. We plan to keep performing ongoing research and development to ensure that Ecolomondo remains technologically advanced.
ISCC Certification
A confirmation of the Company’s successful process lies in the recent International Sustainability and Carbon Certification (“ISCC”) for its Hawkesbury TDP facility, another step forward that should help improve demand for TDP. ISCC is a Global Sustainability Certification System and offers chain-of-custody certification systems to ensure traceability and feedstock identity, which can add commercial value to the Company’s end-products as they remain traceable in the supply chain.
Environmental, Social & Governance (ESG)
On the social aspect the Company plans to measure global health and safety, injury rate and gender diversity, and finally in the corporate governance aspect, the Company is measuring ethics and anticorruption, ESG reporting and board independence.
About TDP
The TDP process is technically proven and more advanced than most other pyrolysis technologies. Over the years, our Technological teams were able to overcome all uncertainties that plagued most competitors especially in these areas: pre-filtration, reactor cooling, reactor rotation, water recycling, processing of rCB, (hydrocarbon removal), mass monitoring, heat curve development, humidity and water removal, safety testing, system automation, emissions control and monitoring.
TDP is Environmentally Friendly – CO2 Reduction
By producing rCB, TDP reduces GHG emissions by 90% versus the production of virgin carbon black. The production of rCB at the Hawkesbury and Shamrock facilities are expected to reduce CO2 emissions by 15,000 and 45,000 tons per year, respectively.
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Twitter: https://twitter.com/EcolomondoECM
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YouTube: https://www.youtube.com/@Ecolomondo
Ecolomondo Corporation Contact
JF Labbé
Interim CEO, Ecolomondo
Tel: (450) 587-5999
jflabbe@ecolomondocorp.com
Cautionary Note Regarding Forward Looking Statements
The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward-looking statements. Although Ecolomondo believes that the expectations reflected in forward looking statements are reasonable, it can give no assurance that the expectations of any forward-looking statements will prove to be correct. Except as required by law, Ecolomondo disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.