Company: Aduro Clean Technologies
\nListings:CSE,\u00a0OCTQB,\u00a0FSE
\nTickers:\u00a0ACT, ACTHF, 9D50
\nMarket cap at time of publication:31 $ MCAD \/ 24 MUSD
\nStock price at time of publication: $0.64 CAD \/ 0.49 USD USD
\nBusiness: Plastic recycling, bitumen upgrading, Renewable diesel & Aviation fuel
\nWebsite: https:\/\/adurocleantech.com\/
\nComparable Peers
\nPurecycle\u00a0 $PCT
\nClean Energy fuels $CLNE
\nAgilyx\u00a0 $AGLX<\/p>\n
ESGFIRE comment: We are pleased to see that our portfolio company Aduro Clean Technologies has announced their membership in the Canada Plastics Pact (CPP). <\/p>\n Full press release below:<\/strong><\/p>\n <\/p>\n Sarnia, ON, May 9, 2022 \u2013 Aduro Clean Technologies Inc. (\u2018Aduro\u2019 or the \u2018Company\u2019) (CSE: ACT) <\/p>\n Legal Disclaimer<\/strong> Company: Aduro Clean Technologies Listings:CSE,\u00a0OCTQB,\u00a0FSE Tickers:\u00a0ACT, ACTHF, 9D50 Market cap at time of publication:31 $ MCAD \/ 24 MUSD Stock price at time of publication: $0.64 CAD \/ 0.49 USD USD Business: Plastic recycling, bitumen upgrading, Renewable diesel & Aviation fuel Website: https:\/\/adurocleantech.com\/ Comparable Peers Purecycle\u00a0 $PCT Clean Energy fuels $CLNE Agilyx\u00a0 $AGLX ESGFIRE comment: […]<\/p>\n","protected":false},"author":1,"featured_media":2599,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3,148,128],"tags":[],"class_list":["post-2668","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aduro-clean-technologies","category-all-posts","category-reports-news-interviews"],"yoast_head":"\n
\nThe CPP membership is a validation of Aduros comittment to creating a circular economy and a more sustainable future. It adds a strategic partner that will further help Aduro on their path to commercial stage. Other prominent members of the CPP to name a few are: Colgate-Palmolive, Coca Cola Canada and Unilever Canada.<\/strong><\/p>\n
\n(OTCQB: ACTHF) (FSE: 9D50), a Canadian developer of patented water-based technologies to chemically
\nrecycle plastics and transform heavy crude and renewable oils into new-era resources and higher-value
\nfuels, announces its membership in the Canada Plastics Pact (CPP).
\nThe CPP is part of the Ellen MacArthur Foundation\u2019s global Plastics Pact network, joining other plastics
\npacts across the world in a network of national and regional initiatives working towards the vision of a
\ncircular economy for plastics. The CPP brings together businesses, policy makers, and NGOs to work
\ntogether and create a national solution to plastic waste and pollution through combined expertise,
\ncollaboration, and a desire to take action.
\n\u201cWaste plastic is a fast-growing global concern in need of innovative circular solutions that are practical,
\nsustainable, and capable of driving real social-economic change. Aduro is proud to support the Canada
\nPlastics Pact, as we strategically partner with industry and all levels of government to focus on
\ncommercialising low-carbon, circular approaches to upcycling plastics. Aduro knows that a circular
\neconomy for plastics is within reach. We look forward to working collaboratively across the value chain to
\nimplement chemical recycling of plastics with our patented Hydrochemolytic\u2122 Technology process,\u201d says
\nOfer Vicus, Chief Executive Officer at Aduro.
\n\u201cCreating a circular economy for plastics packaging in Canada will require a collaborative effort by multiple
\nstakeholders across the value chain. We are pleased to have Aduro Clean Technologies join the Canada
\nPlastics Pact as a Signatory Partner, bringing their insight and expertise on how to overcome the
\nlimitations of traditional recycling with their innovative chemical conversion technology,” says Sinead
\nKing, Director of Partnership Engagement at Canada Plastics Pact.<\/strong><\/p>\n
\nAbout the Canada Plastics Pact
\nThe Canada Plastics Pact (CPP) is tackling plastic waste and pollution, as a multi-stakeholder, industry-led,
\ncross-value chain collaboration platform. The CPP brings together Partners who are united behind a vision
\nof creating a circular economy in Canada in which plastic waste is kept in the economy and out of the
\nenvironment. It unites businesses, government, non-governmental organizations, and other key actors in
\nthe local plastics value chain behind clear actionable targets for 2025. The Canada Plastics Pact is a
\nmember of the Ellen MacArthur Foundation’s Global Plastics Pact network. It operates as an independent
\ninitiative of The Natural Step Canada, a national charity with over 25 years experience advancing science,
\ninnovation and strategic leadership aimed at fostering a strong and inclusive economy that thrives within
\nnature’s limits.<\/strong><\/p>\n
\nAbout Aduro Clean Technologies
\nAduro Clean Technologies is a developer of patented water-based technologies to chemically recycle
\nwaste plastics; convert heavy crude and bitumen into lighter, more valuable oil; and transform renewable
\noils into higher-value fuels or renewable chemicals. The Company\u2019s Hydrochemolytic\u2122 technology
\nactivates unique properties of water in a chemistry platform that operates at relatively low temperatures
\nand cost, a game-changing approach that converts low-value feedstocks into 21st-century resources. With
\nfunding and support from Bioindustrial Innovation Canada, the company has developed a pre-pilot reactor
\nsystem to upgrade heavy petroleum into lighter oil.<\/strong><\/p>\n
\nWe own shares of this company personally.<\/strong>
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