Ecolomondo Corporation has retained August Brown, LL.C. as independent risk advisor to support the development of its planned facility in Shamrock, Texas. The engagement represents a critical step in preparing for the sale of green bonds to finance the project, with August Brown conducting an independent validation of the project's business plan and risk mitigation framework.
The Shamrock facility will replicate Ecolomondo's proprietary Thermal Decomposition Process technology currently operating at the Company's Hawkesbury, Ontario facility. The proposed Texas project will consist 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 4,500 MT of syngas.
August Brown's engagement will include 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. The independent review process is designed to enhance transparency, strengthen investor confidence, and support informed decision-making by bondholders and project partners.
Eliot Sorella, Executive Chairman of Ecolomondo, commented that independent validation of the company's technology, projected operations, and financial model for the planned Shamrock Facility is an essential step that resonates strongly with investors, lenders, and potential joint-venture partners. With strong support from the Shamrock Economic Development Corporation, the Company has secured a 136-acre industrial site in Shamrock, Texas, and sourced long-term agreements for scrap tire feedstock that should sustain the Texas facility's operations.
The Shamrock project represents the next phase of Ecolomondo's growth strategy following the successful commercialization of its proprietary TDP technology at the Company's Hawkesbury facility. The Hawkesbury facility, once fully operational, is expected to process approximately 1.3M to 1.5M scrap tires per year and produce approximately 4,000 MT of recovered carbon black, 5,000 MT of pyrolysis oil, 2,000 MT of steel, and 1,200 MT of process gas.
Revenue streams from TDP turnkey facilities come from the sale of end-products manufactured on-site, including recovered carbon black, oil, steel and syngas, as well as tipping fees for processing scrap tires. The company's recent International Sustainability and Carbon Certification for its Hawkesbury TDP facility represents another step forward that should help improve demand for TDP products by ensuring traceability and feedstock identity in the supply chain.
From an environmental perspective, the TDP process reduces greenhouse gas emissions by 90% versus the production of virgin carbon black. The production of recovered carbon black at the Hawkesbury and Shamrock facilities are expected to reduce CO2 emissions by 15,000 and 45,000 tons per year, respectively. 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 for reuse in manufacturing new products.
The company's strategy involves becoming a major global builder and operator of TDP turnkey facilities, with plans to expand aggressively in North America and Europe. More information about the company's operations and technology can be found at https://www.ecolomondo.com. Additional details about the independent advisor are available at https://www.augustbrown.com.
