· Issued by Ecolomondo Corporation via TheNewswire
(TheNewswire)
Montreal, Québec – TheNewswire - May 4, 2026 — Ecolomondo
Corporation (TSXV: ECM) (OTCQB: ECLMF) (the
“Company” or “Ecolomondo”), a leading Canadian innovator
in sustainable scrap tire recycling technology, announces that it has
released its audited consolidated financial statements and notes
thereto (the “Annual
Financial Statements”) and its related
management discussion and analysis (“MD&A”) as of
and for the year ended December 31, 2025. These documents are
available on SEDAR at www.sedar.com.
During the fiscal year 2025, the Company achieved
several milestones in the areas of Thermal Decomposition Process
(“TDP”), tire shredding and recovered carbon black
(“rCB”) departments, while continuing to work on the ramp-up of
the Hawkesbury TDP turnkey facility built in Ontario, Canada.
In 2025, the Company:
Appointed Forvis Mazars LLP as auditors;
Operational Progress
Achieved an important milestone in installation,
commissioning and ramp-up of the new rCB milling and post-processing
line, important to the overall performance of the Hawkesbury TDP
facility;
Financing Capital
Concluded 2 credit facilities from Export Development
Canada (EDC”) to the Company’s subsidiary, Ecolomondo Environmental
(Hawkesbury) Inc., owner of the Hawkesbury plant:
A $2 million credit facility in early 2025,
and
An additional $2.7 million credit facility, concluded
in January 2026;
Completed 2 private placements, for a total amount of
$1.5 million;
Strategic Expansion
Executed an important joint venture and EPC engineering
agreement with Alternativas Riojanas Eolicas y Solares S.L.
(“ARESOL”), a large European business group in renewable energy
projects to build four TDP turnkey facilities in the European Union
using Ecolomondo’s TDP proprietary technology;
Secured sufficient feedstock for its planned Shamrock,
Texas TDP facility, with multiple letters of intent executed with tire
retailers and municipalities confirming committed volumes.
The effective performance of the rCB milling and
processing line allowed the facility to achieve better output and
higher sales. Sales of end-products and tipping fees increased
considerably throughout the year 2025: $193,681 in the first quarter,
$256,103 in the second quarter, $415,192 in the third quarter and
$434,448 in the fourth quarter, representing an increase of 112%
overall for the year over 2024.
It is crucial that all 3 departments work in tandem
with each other to avoid production bottlenecks to achieve the
anticipated revenue streams and to avoid costly delays.
Highlights of the audited Consolidated Annual Financial
Statements are:
The company had revenues of $1,427,835 compared to
$481,647 for the fiscal year ended December 31, 2024, an increase of
196%;
As of December 31, 2025, capital expenditures for the
Hawkesbury facility totaled $53,404,967 (net of depreciation), an
increase of $13,003,653 compared to December 31, 2024;
As at December 31, 2025, the Company had a loss before
income taxes of $3,314,362, compared to $4,006,353 for the fiscal year
ended December 31, 2024, a reduction of 17%.
Reflecting early-stage commercialization and
improving cost controls as operations scale.
The Company expects to raise additional capital to
support working capital requirements and accelerate execution of its
strategic growth initiatives.
About Ecolomondo Corporation
Ecolomondo Corporation, headquartered in Quebec, is a
Canadian cleantech company focused on its proprietary Thermal
Decomposition Process (“TDP”) technology, which recovers
high-value commodities from scrap tire waste, including recovered
carbon black (rCB), tire-derived oil (TDO), syngas, fiber, and steel.
Visit www.ecolomondo.com for more.
Revenue Streams of TDP
Facilities
Revenue streams from the TDP turnkey facilities will
come from the sale of end-products manufactured on-site, namely rCB,
oil, steel and syngas, as well as tipping 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 1.3M to 1.5M scrap tires per year
and produce on the average 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,
roughly three times the size of the Ontario Hawkesbury TDP
facility.
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 clients.
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.
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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.
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