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Ecolomondo Executes An Agremeent to Create A Joint Venture With ARESOL Renewables for 4 TDP Facilities In Europe
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Montreal, QC, August 12, 2025 – TheNewswire - Ecolomondo Corporation (TSXV: ECM) (OTC: ECLMF) (the “Company” or “Ecolomondo”), a leading Canadian innovator in sustainable scrap tire recycling technology, is proud to announce that it has executed an important joint venture and EPC engineering agreement (the “Agreement”) with Alternativas Riojanas Eolicas y Solares S.L. (“ARESOL”) to build four TDP turnkey facilities in the European Union using Ecolomondo’s Thermal Decomposition Process (“TDP”) proprietary technology.
On December 2, 2024, the Company signed a non-binding letter of intent for a joint venture with ARESOL to build a 4-reactor TDP facility that could process 20,000 metric tons/year of end-of-life tires in Spain. After further discussions and following a detailed technical audit by ARESOL, the parties concluded in July 2025 a definitive agreement to build four TDP turnkey facilities in the European Union, with the first to be built in Valencia, Spain. Locations of the other three sites will be determined once necessary due diligence is performed by the parties with the focus on feedstock availability, tipping fees, offtake agreements and government support.
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.
Subject to final documentation, the Agreement calls for the creation of a joint venture entity in Europe for the purpose of developing, constructing and operating a minimum of four turnkey TDP facilities. Ecolomondo and ARESOL are expected to own 51% and 49% respectively of the joint venture corporation (the “JV entity”). The Board of Directors of the JV entity will consist of two representatives of Ecolomondo, two representatives of ARESOL, and one independent director.
The timing of this Agreement aligns well with Ecolomondo’ global growth strategy. The Company recently announced initial shipments of recovered Carbon Black (“rCB”) to a major offtake customer. The Company believes that these orders are a validation of the quality of rCB currently produced at the Hawkesbury TDP facility.
With the ramping up to commercial operations of the Hawkesbury TDP facility, the Company now believes it is ready to move on to pursue its global ambitions, starting with the already announced project in Shamrock, Texas, and followed with the European rollout of this Joint venture with ARESOL.
“We are excited about this important partnership, and we look forward to working with the ARESOL team as part of our European rollout. We will enter the European market with a JV partner that is based locally, understands the European market and has the experience to build plants in selected sites in any city in the EU. This agreement is exactly in line with the Company’s long term strategic objective to become a global industry leader, creating sustainable products from end-of-life tires”, said Eliot Sorella, Executive Chairman of the Company.
CURRENT EVENTS
Webinar available
A new webinar on “Journey to Profitability: Unlocking Ecolomondo’s ($ECM) Growth Potential” explores the Company’s progress and future direction. Executive Chairman Eliot Sorella discusses updates on the new milling line at the Hawkesbury TDP facility, growth targets, loan amendment agreements with Export Development Canada (EDC) and more. The webinar can be viewed at https://www.youtube.com/watch?v=7Rf4__bqpKk
New Ecolomondo Podcast Available
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
Revenues from TDP turnkey facilities will come from selling of the end-products they produce, namely recovered carbon black, oil, gas, fiber and steel and from tipping fees (or disposal fees) for the processing 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.
Please follow Ecolomondo on Twitter, Facebook, LinkedIn, Instagram and YouTube.
Twitter: https://twitter.com/EcolomondoECM
Facebook: https://www.facebook.com/EcolomondoECM
LinkedIn: https://www.linkedin.com/company/ecolomondo/
Instagram: https://www.instagram.com/ecolomondoecm/
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.