STOCK TITAN

Aduro Clean Technologies Welcomes Karen Scholz from Brightlands Chemelot Campus for a Collaborative Week of Advancements

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary
Aduro Clean Technologies is hosting Karen Scholz from Brightlands Chemelot Campus to strengthen their alliance and commitment to sustainable waste plastic recycling solutions. Scholz will tour Aduro's facilities and participate in a feature segment on Advancements with Ted Danson. Aduro also plans to establish a subsidiary at the Brightlands campus in the Netherlands to expand their presence in Europe.
Positive
  • The visit from Karen Scholz highlights the strengthening alliance between Aduro and Brightlands, which could positively impact the stock price. Aduro's advanced Hydrochemolytic™ technology and the demonstration process in Europe have the potential to unlock considerable economic potential, which could also positively affect the stock price.
Negative
  • None.

SARNIA, Ontario, Aug. 17, 2023 (GLOBE NEWSWIRE) -- Aduro Clean Technologies Inc. (“Aduro” or the “Company”) (CSE: ACT) (OTCQB: ACTHF) (FSE: 9D50), a Canadian 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 thrilled to host Karen Scholz from Brightlands Chemelot Campus (“Brightlands”) during the week of August 21, 2023. This visit underscores our strengthening alliance and mutual commitment to sustainable waste plastic recycling solutions.

Karen Scholz serves as Business Development Manager at Brightlands Chemelot Campus, Europe's premier industrial innovation hub for the chemical industry emphasizing upscaling. In this capacity, Karen leverages her extensive experience from DSM to expand the network of companies providing groundbreaking process technology. Her role not only involves staying abreast of the latest technological advancements but also delving deep into the intricacies of innovation processes. She understands the unique requirements of scaleups, focuses on establishing beneficial infrastructure, and, most importantly, fosters collaboration, facilitating meaningful exchanges and mutual support among community members.

During her visit, Ms. Scholz will tour the Aduro facilities in both Sarnia and London Ontario, gaining firsthand in-depth insight into the significant progress Aduro has made operationally, the recent activities of the research and development and operations teams including the pilot-scale continuous flow reactor for Hydrochemolytic™ Plastic Upcycling (“R2 Plastic”) commissioned in June 2023, and the latest developments in the Hydrochemolytic™ technology platform.

Ms. Scholz will also join Aduro in the filming of Advancements with Ted Danson, a feature segment spotlighting the Aduro Hydrochemolytic™ technology and its potentially transformative impact on the chemical recycling of waste plastics. The Company previously announced participation in the award-winning series covering the most ground-breaking and innovative topics and features state-of-the-art technologies and has a reach of 375 million households.

Karen Scholz expressed her enthusiasm, stating, "Collaborating with an innovative company like Aduro is truly inspiring. Their dedication to transforming waste plastics through chemical recycling is not only innovative but essential for our planet's future. This collaboration with Aduro aligns perfectly with Brightlands's vision, and I'm excited to see where our combined efforts will lead."

"We are honored to welcome Karen Scholz to our facilities, as it represents a constructive step in strengthening our bond with Brightlands. We eagerly anticipate giving Ms. Scholz a firsthand demonstration of our R2 Plastic unit, as well as showcasing Aduro’s advanced Hydrochemolytic™ technology and introducing her to the dedicated team behind it," said Ofer Vicus, CEO of Aduro. "Our recent initiative to establish a subsidiary at the Brightlands campus in Geleen, Netherlands, reflects our mutual vision and commitment to expanding our presence in the region. Together, we aim to showcase a demonstration process of the Hydrochemolytic™ Plastic Upcycling technology in Europe, providing an innovative solution for recycling challenging waste plastics. This endeavor not only supports a sustainable future but also promises to unlock considerable economic potential."

About Brightlands Chemelot Campus

Brightlands Chemelot Campus is Europe's leading location for companies, research, and knowledge institutes in the field of chemistry and materials, located in Geleen, the Netherlands, with Belgium, Germany, France, and Luxembourg just around the corner. 110 companies, 1000 students, and 3000 employees work in this vibrant community. Together they contribute to groundbreaking innovations in the fields of performance materials, sustainable processes, and biomedical solutions for the transition to a circular economy in our world.

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:

Ofer Vicus, CEO
ovicus@adurocleantech.com

Brightlands Chemelot Campus
Karen Scholz, Business Development Manager
karen.scholz@brightlands.com

Abe Dyck, Investor Relations
ir@adurocleantech.com
+1 604 362 7011

Arrowhead
Thomas Renaud, Managing Director
enquire@arrowheadbid.com
+1 212 619 6889

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. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, undue reliance should not be put on such statements due to their inherent uncertainty. Important factors that could cause actual results to differ materially from the Company’s expectations include adverse market conditions and other factors beyond the control of the parties. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events, or otherwise, except as required by applicable law.

The CSE has not reviewed, approved, or disapproved the content of this news release.

Aduro Clean Technologies Welcomes Karen Scholz from Brightlands Chemelot Campus for a Collaborative Week of Advancements

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4058c17b-e4e7-4278-bb1c-85e570315877


FAQ

What is Aduro Clean Technologies?

Aduro Clean Technologies is a Canadian technology company that uses chemistry to transform waste plastics and other feedstocks into resources for the 21st century.

Who is Karen Scholz?

Karen Scholz is the Business Development Manager at Brightlands Chemelot Campus, an industrial innovation hub for the chemical industry in Europe.

What will Karen Scholz do during her visit to Aduro?

During her visit, Karen Scholz will tour Aduro's facilities, gain insight into their progress, and participate in the filming of a feature segment on Advancements with Ted Danson.

What is the Hydrochemolytic™ technology platform?

The Hydrochemolytic™ technology platform is an advanced technology developed by Aduro Clean Technologies for the chemical recycling of waste plastics.

What are Aduro's plans for expansion in Europe?

Aduro plans to establish a subsidiary at the Brightlands campus in the Netherlands to expand their presence in Europe and showcase the Hydrochemolytic™ Plastic Upcycling technology.

ADURO CLEAN TECHNOLOGIES

OTC:ACTHF

ACTHF Rankings

ACTHF Latest News

ACTHF Stock Data

167.17M
12.03M
33.98%
0.37%
Pollution & Treatment Controls
Industrials
Link
United States of America
London