Ecolomondo Corporation (TSXV: ECM) (OTCQB: ECLMF), a Canadian innovator in sustainable scrap tire recycling technology, announced it has retained August Brown, LLC as an independent risk advisor to support the development of its planned facility in Shamrock, Texas. August Brown will conduct an independent validation of the project’s business plan and risk mitigation framework as part of preparations for the sale of the green bond supporting the project.
The Shamrock facility will replicate Ecolomondo’s proprietary, modular Thermal Decomposition Process (TDP) technology currently operating at the Company’s Hawkesbury, Ontario facility. The proposed project consists of a six-reactor TDP plant, approximately three times the capacity of the Hawkesbury operation. Processing capabilities for the Shamrock facility are 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 processing 4,500 MT of syngas.
With strong support from the Shamrock Economic Development Corporation, Ecolomondo has secured a 136-acre industrial site in Shamrock, Texas, and sourced long-term agreements for scrap tire feedstock that should sustain the facility’s operations. The independent review process is designed to enhance transparency, strengthen investor confidence, and support informed decision-making by bondholders and project partners.
August Brown’s engagement includes a comprehensive feasibility study assessing business, operational, market, and financial risks associated with the project. Following completion of this phase, August Brown is expected to undertake a second stage focused on engineering, technology validation, and project execution risk. Eliot Sorella, Executive Chairman of Ecolomondo, commented: “Independent validation of our technology, projected operations, and financial model for our planned Shamrock Facility is an essential step that resonates strongly with investors, lenders, and potential joint-venture partners.”
The Shamrock project represents the next phase of Ecolomondo’s growth strategy following the successful commercialization of its TDP technology at the Hawkesbury facility, which is expected to soon commence regular commercial operations. The Company’s mission is to contribute to a dynamic Circular Economy and increase shareholder value by producing large quantities of recovered resources for reuse in manufacturing. The TDP process is environmentally friendly, reducing GHG emissions by 90% versus virgin carbon black production. The Hawkesbury and Shamrock facilities are expected to reduce CO2 emissions by 15,000 and 45,000 tons per year, respectively.
Ecolomondo has also achieved International Sustainability and Carbon Certification (ISCC) for its Hawkesbury TDP facility, which ensures traceability and feedstock identity, adding commercial value to end-products. For more information, visit www.ecolomondo.com and www.augustbrown.com.
