Aduro Clean Technologies and GF Building Flow Solutions Americas Sign MOU to Advance Circular Solutions for Crosslinked Polyethylene Waste
Aduro Clean Technologies has signed a memorandum of understanding (MOU) with GF Building Flow Solutions Americas to explore converting Uponor crosslinked polyethylene (PEX) production waste into valuable raw materials using Aduro's Hydrochemolytic™ Technology (HCT). Initial technical evaluations have shown HCT's ability to break down cross-linked polyethylene for ethylene manufacturing. The collaboration targets the PEX pipe market, expected to reach $2.79 billion by 2032 with a 6.1% CAGR. The partnership aims to develop a sustainable and cost-effective solution for GF's cross-linked polymer waste stream, addressing the significant recycling challenges posed by these durable materials that are widely used in construction, automotive, and other industries.
Aduro Clean Technologies ha firmato un memorandum d'intesa (MOU) con GF Building Flow Solutions Americas per esplorare la possibilità di convertire i rifiuti di produzione di polietilene reticolato (PEX) di Uponor in materie prime preziose, utilizzando la tecnologia Hydrochemolytic™ di Aduro (HCT). Le prime valutazioni tecniche hanno dimostrato la capacità della HCT di scomporre il polietilene reticolato per la produzione di etilene. La collaborazione si rivolge al mercato dei tubi PEX, previsto per raggiungere 2,79 miliardi di dollari entro il 2032, con un CAGR del 6,1%. Il partnership si propone di sviluppare una soluzione sostenibile ed economica per il flusso di rifiuti di polimero reticolato di GF, affrontando le significative sfide di riciclaggio poste da questi materiali durevoli, ampiamente utilizzati nel settore delle costruzioni, automobilistico e in altre industrie.
Aduro Clean Technologies ha firmado un memorando de entendimiento (MOU) con GF Building Flow Solutions Americas para explorar la conversión de los residuos de producción de polietileno reticulado (PEX) de Uponor en valiosas materias primas utilizando la tecnología Hydrochemolytic™ de Aduro (HCT). Las evaluaciones técnicas iniciales han mostrado la capacidad de la HCT para descomponer el polietileno reticulado para la fabricación de etileno. La colaboración se centra en el mercado de tuberías PEX, que se espera alcance $2.79 mil millones para 2032, con una CAGR del 6.1%. La asociación tiene como objetivo desarrollar una solución sostenible y rentable para el flujo de residuos de polímeros reticulados de GF, abordando los significativos desafíos de reciclaje que presentan estos materiales duraderos, ampliamente utilizados en la construcción, la automoción y otras industrias.
아두로 클린 테크놀로지스는 GF 빌딩 플로우 솔루션스 아메리카스와 함께 우포너의 가교 폴리에틸렌(PEX) 생산 폐기물을 아두로의 하이드로케모리틱™ 기술(HCT)을 사용하여 가치 있는 원자재로 전환하는 방안을 모색하기 위한 양해각서(MOU)를 체결했습니다. 초기 기술 평가에서 HCT가 가교 폴리에틸렌을 분해하여 에틸렌을 제조할 수 있는 능력이 입증되었습니다. 이 협력은 2032년까지 27억9000만 달러에 이를 것으로 예상되는 PEX 파이프 시장을 목표로 하고 있으며, 연평균 성장률(CAGR)은 6.1%입니다. 파트너십은 GF의 가교 폴리머 폐기물 스트림에 대해 지속 가능하고 비용 효율적인 솔루션을 개발하는 것을 목표로 하며, 건설, 자동차 및 기타 산업에서 널리 사용되는 이러한 내구성 있는 소재들이 제기하는 중요한 재활용 문제를 다룹니다.
Aduro Clean Technologies a signé un protocole d'accord (MOU) avec GF Building Flow Solutions Americas pour explorer la conversion des déchets de production de polyéthylène réticulé (PEX) d'Uponor en matières premières précieuses en utilisant la technologie Hydrochemolytic™ d'Aduro (HCT). Les évaluations techniques initiales ont montré la capacité de la HCT à décomposer le polyéthylène réticulé pour la fabrication d'éthylène. La collaboration vise le marché des tuyaux PEX, qui devrait atteindre 2,79 milliards de dollars d'ici 2032, avec un taux de croissance annuel composé (CAGR) de 6,1%. Le partenariat vise à développer une solution durable et rentable pour le flux de déchets de polymères réticulés de GF, en s'attaquant aux défis significatifs du recyclage posés par ces matériaux durables, largement utilisés dans la construction, l'automobile et d'autres secteurs.
Aduro Clean Technologies hat ein Memorandum of Understanding (MOU) mit GF Building Flow Solutions Americas unterzeichnet, um zu prüfen, wie die Produktionsabfälle von vernetztem Polyethylen (PEX) von Uponor mithilfe der Hydrochemolytic™-Technologie (HCT) von Aduro in wertvolle Rohstoffe umgewandelt werden können. Erste technische Bewertungen haben gezeigt, dass HCT in der Lage ist, vernetzes Polyethylen zur Herstellung von Ethylen abzubauen. Die Zusammenarbeit richtet sich an den PEX-Rohrmarkt, der bis 2032 voraussichtlich 2,79 Milliarden Dollar erreichen wird, mit einer jährlichen Wachstumsrate (CAGR) von 6,1%. Die Partnerschaft zielt darauf ab, eine nachhaltige und kosteneffiziente Lösung für den Abfallstrom von vernetzten Polymeren von GF zu entwickeln und die erheblichen Recycling-Herausforderungen zu bewältigen, die diese langlebigen Materialien in der Bau-, Automobil- und anderen Industrien mit sich bringen.
- Initial technical evaluation demonstrates successful breakdown of cross-linked polyethylene waste
- Partnership targets growing PEX pipe market valued at $2.79 billion by 2032
- Technology shows potential for converting waste into high-quality feedstock for manufacturing
- None.
Insights
The MOU between Aduro Clean Technologies and GF Building Flow Solutions Americas represents a significant technological breakthrough in recycling crosslinked polyethylene (PEX) waste. The Hydrochemolytic™ Technology's ability to break down these traditionally difficult-to-recycle materials into raw materials for ethylene production is technically impressive.
The
While promising, this is still an early-stage development. The transition from technical evaluation to commercial implementation will require significant scaling and validation of the process economics.
This partnership targets a important sustainability gap in the construction materials sector. GF Building Flow Solutions Americas, as a leading pipe manufacturer, brings significant market validation to Aduro's technology. The MOU follows successful initial technical evaluations, suggesting a well-vetted approach to commercialization.
The growing regulatory pressure on plastic waste management and increasing corporate sustainability commitments make this solution particularly timely. Success could position Aduro as a key enabler in the circular economy for construction materials, potentially leading to similar partnerships across other industries using cross-linked polymers.
However, investors should note this is a pre-revenue development stage. The path to commercialization and revenue generation will require further validation, scaling and likely significant capital investment.
LONDON, Ontario, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Aduro Clean Technologies Inc. (“Aduro” or the “Company”) (NASDAQ: ADUR) (CSE: ACT) (FSE: 9D5), a clean technology company using the power of chemistry to transform lower value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21st century, is pleased to announce its entry into a memorandum of understanding (MOU) with GF Building Flow Solutions Americas (“GF”), a leader in sustainable building solutions and global provider of Uponor-branded products.
This MOU marks an important step as the two companies explore a structured pathway to a formal collaboration agreement aimed at enhancing GF’s ongoing efforts to convert Uponor crosslinked polyethylene (PEX) production waste into valuable raw materials.
GF Building Flow Solutions Americas is one of the leading international producers of pipes used to move water for buildings and infrastructure, including pipes made of cross-linked polyethylene (PEX). PEX pipes are commonly used in energy efficient heating and safe plumbing due to their robustness, temperature resistance and longevity. The engagement between Aduro and GF seeks to demonstrate that chemical recycling through Aduro’s proprietary Hydrochemolytic™ Technology (HCT) can convert Uponor brand PEX waste into high-quality feedstock, enabling the consecutive manufacturing of products with the same high-quality and properties as in their previous life.
This engagement is the result of GF Building Flow Solutions Americas’ continued strategic focus on dealing with its cross-linked polyethylene production waste in a sustainable and cost-effective way. GF previously participated in the Aduro Customer Engagement Program (CEP) to conduct a phase 1 technical evaluation focused on assessing the potential of HCT for recycling cross-linked polymers. Initial results from this technical evaluation have demonstrated that Aduro’s HCT has the unique ability to break down cross-linked polyethylene to raw material for the manufacture of ethylene.
“We are very excited to build upon our previous success in breaking down Uponor cross-linked polymer waste into raw material,” said Ofer Vicus, CEO of Aduro. “This engagement will expand our relationship with GF Building Flow Solutions Americas, setting the stage to develop Aduro’s penetration into the multi-billion-dollar PEX pipe market, with the goal of investigating a potential commercial scale solution for GFs cross-linked polymer waste stream.”
Cross-linked polymers, like those used in Uponor PEX pipes, are pivotal to numerous industries, thanks to their exceptional durability, chemical resistance, and mechanical strength. They are integral to many products ranging from automotive tires to household adhesives, protective coatings, and medical devices. Their critical applications span sectors such as aerospace, automotive, construction, and electronics, where their unique properties are indispensable. The global PEX pipe market is expected to reach approximately
The attributes that make cross-linked polymers invaluable pose a significant recycling challenge. Unlike thermoplastics, these materials do not melt under heat; instead, they are exceedingly difficult to decompose. When subjected to the very high temperatures necessary for their breakdown, they primarily degrade into char and fuel gas, substances unsuitable for repurposing into new materials. This limitation not only underscores the need for innovative recycling technologies but also highlights the urgency of developing sustainable lifecycle management strategies for cross-linked polymers.
“This engagement with Aduro represents a promising opportunity to demonstrate the importance of partnership in innovating technical capacities and viability of advanced recycling pathways for all industries, including for our PEX pipe,” said Chrissie Walsh, Sustainability Manager of GF Building Flow Solutions Americas. “We look forward to investigating the ability of Aduro’s HCT to provide a sustainable and cost-effective solution for our cross-linked polymer waste stream. We hope to continue building our relationship into a commercial scale solution.”
About GF Building Flow Solutions Americas
GF Building Flow Solutions Americas, a division of GF, is a leading global provider of sustainable and innovative solutions, making water flow in buildings. The division, stemming from the 2023 acquisition of Uponor by GF, provides safe solutions for hot and cold-water supply and control, noise-reducing wastewater systems, as well as energy-efficient heating and cooling. Its focus is to enable its customers in the residential and commercial space to be more productive and sustainable, while ensuring comfort, health and efficiency. Information about Uponor-branded products is available at www.uponor.com. www.georgfischer.com
About Aduro Clean Technologies
Aduro Clean Technologies is a developer of patented water-based technologies to chemically recycle waste plastics; convert heavy crude and bitumen into lighter, more valuable oil; and transform renewable oils into higher-value fuels or renewable chemicals. The Company’s Hydrochemolytic™ technology relies on water as a critical agent in a chemistry platform that operates at relatively low temperatures and cost, a game-changing approach that converts low-value feedstocks into resources for the 21st century.
For further information, please contact:
Abe Dyck, Investor Relations
ir@adurocleantech.com
+1 226 784 8889
KCSA Strategic Communications
Jack Perkins, Vice President
aduro@kcsa.com
GF Building Flow Solutions Americas
Courtney Hieb
Corporate Communications Manager
+1 612 816 0592
courtney.hieb@uponor.com
Forward-Looking Statements
This news release contains forward-looking statements. All statements, other than statements of historical fact that address activities, events, or developments that the Company believes, expects, or anticipates will or may occur in the future, are forward-looking statements. The forward-looking statements reflect management’s current expectations based on information currently available and are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those discussed in the forward-looking statements. In this news release, the forward-looking statements include, but are not limited to, the expectation that the MOU with GF will serve as a pathway to a formal collaboration agreement between Aduro and GF; that Aduro’s proprietary HCT will provide effective chemical recycling of Uponor brand PEX waste into high-quality feedstock, enabling the consecutive manufacturing of products with the same high-quality and properties as in their previous life; that the MOU will build upon Aduro’s previous testing success in breaking down Uponor cross-linked polymer waste into raw material; that the MOU will expand Aduro’s relationship with GF Building Flow Solutions Americas and allow Aduro to penetrate the multi-billion-dollar PEX pipe market; that the MOU will lead to development of a commercial scale solution for Uponor’s cross-linked polymer waste stream; that the PEX pipe market will continue to grow as anticipated and reach a value of approximately
The CSE has not reviewed, approved, or disapproved the content of this news release.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9181ddd3-3a00-409d-8303-09049a550fc0
FAQ
What is the purpose of the MOU between Aduro Clean Technologies (ACTHF) and GF Building Flow Solutions?
What is the projected market size for PEX pipes by 2032?
What are the initial results of Aduro's (ACTHF) technical evaluation for recycling cross-linked polymers?
