Aduro unterzeichnet Absichtserklärung zum Abnahmevertrag für Hydrochemolytic™-Öl mit Pilot-to-FOAK-Validierungsprogramm
View original at globenewswire.comAduro unterzeichnet Absichtserklärung zum Abnahmevertrag für Hydrochemolytic™-Öl mit Pilot-to-FOAK-Validierungsprogramm LONDON, Ontario, March 13, 2026 (GLOBE NEWSWIRE) -- Aduro Clean Technologies Inc…
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This Letter of Intent brings together two elements important to us: technical validation and an initial commercial framework. The pilot phase allows us to establish product specifications and determine the commercial value of Hydrochemolytic™ Oil together with a global trading partner, while the commitment to purchase the first FOAK production batch paves the first commercial path for the product.
60% confidenceSteam cracker facilities consume several million tons of hydrocarbon feedstocks annually to produce building blocks for new plastics. Even limited substitution with certified circular hydrocarbons represents a significant opportunity to increase the circular content within existing petrochemical supply chains.
60% confidencePreviously conducted pilot-scale steam cracking trials with an industrial partner demonstrated stable cracking performance under pilot operating conditions.
60% confidenceHydrochemolytic Oil is characterized by low concentrations of olefins and heteroatoms, properties that should enable processing with minimal additional effort compared to many conventional chemical recycling products
60% confidencePolitical developments are expected to increase demand for certified circular hydrocarbon feedstocks in the petrochemical sector
60% confidenceThe global chemical recycling market was estimated at approximately $15.5 billion in 2024 and is expected to grow at a compound annual growth rate of approximately 9.8% until 2030
60% confidenceThe global chemical recycling market was estimated at approximately $15.5 billion in 2024 and is expected to grow at an average annual growth rate of approximately 9.8 percent through 2030.
60% confidenceHydrochemolytic™ Technology converts polyolefin waste into a circular hydrocarbon product designed for integration into conventional petrochemical refining and steam cracking infrastructure. The product is characterized by low concentrations of olefins and heteroatoms, properties that should enable processing with minimal additional effort compared to many conventional chemical recycling products.
60% confidenceThis LOI brings together two important elements for us: technical validation and an initial commercial framework. The pilot phase allows us to establish product specifications and determine the commercial value of Hydrochemolytic Oil together with a global trading partner, while the commitment to purchase the first FOAK production batch paves the first commercial path for the product.
60% confidenceSecuring a structured offtake commitment in the FOAK phase reflects our efforts to align technology validation and market demand. Circular economy feedstocks must meet the requirements of existing petrochemical infrastructure while complying with regulatory requirements and certification standards. This LOI directly connects our pilot validation work with industrial production and represents an important step on our milestone-oriented path to commercialization.
60% confidenceSecuring a structured offtake commitment in the FOAK phase reflects our efforts to align technology validation and market demand. Circular economy feedstocks must meet the requirements of existing petrochemical infrastructure while complying with regulatory requirements and certification standards. This Letter of Intent directly connects our pilot validation work with industrial production and represents an important step on our milestone-oriented path to commercialization.
60% confidencePolitical developments are expected to increase demand for certified circular hydrocarbon feedstocks in the petrochemical sector. EU PPWR introduces progressively stricter targets for recycling content in plastic packaging starting in 2030.
60% confidence