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ADURO CLEAN TECHNOLOGIES - ACTHF STOCK NEWS

Welcome to our dedicated page for ADURO CLEAN TECHNOLOGIES news (Ticker: ACTHF), a resource for investors and traders seeking the latest updates and insights on ADURO CLEAN TECHNOLOGIES stock.

Aduro Clean Technologies Inc. (OTCQX: ACTHF) is a leading Canadian technology company specializing in the chemical transformation of low-value feedstocks such as waste plastics, heavy bitumen, and renewable oils into valuable resources for the 21st century. Operating on the frontier of sustainable innovation, Aduro leverages its patented Hydrochemolytic™ Technology (HCT) to address some of the most pressing environmental challenges today. This innovative technology harnesses the power of water to deconstruct complex molecules at relatively low temperatures, offering a cost-effective and environmentally friendly solution for chemical recycling.

In recent developments, Aduro has been featured in the prestigious Viewpoint with Dennis Quaid documentary series, which showcases groundbreaking technologies. The company's segment, airing in February 2024, underscores its commitment to scalable, sustainable solutions for chemical recycling, particularly in addressing waste plastic pollution.

Significant progress was also made with the Continuous Flow Plastic Reactor, where over 240 test runs validated the efficacy of HCT in converting up to 95% of polyolefin feedstocks into new plastics and chemicals. This development aligns with Aduro's Customer Engagement Program (CEP), designed to ensure the technology meets market needs and integrates specialized expertise.

Aduro continues to expand its market presence through strategic partnerships. Notable collaborations include a technical evaluation project with a leading multinational food packaging company to recycle food packaging plastics, and another with a multinational building materials company to recycle cross-linked polymers, a notoriously difficult material to recycle.

Financially, Aduro reported record revenue growth in Q3 2024, with a robust cash position bolstered by the exercise of warrants and options. The company also announced a non-brokered private placement expected to raise up to $3.525 million, further supporting its innovative research and development initiatives.

Aduro's participation in the Intergovernmental Negotiating Committee on Plastic Pollution (INC-4) highlights its commitment to global sustainability goals. The company advocates for a circular economy and supports international policies promoting advanced recycling technologies, aligning its efforts with broader environmental objectives.

For more information, visit Aduro Clean Technologies Inc.

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Aduro Clean Technologies (CSE:ACT)(OTCQB:ACTHF) will present at the Bitumen Industry Summit in London on October 6, 2021, at 12:20 PM BT. CEO Ofer Vicus will discuss the company's innovative Hydrochemolytic™ Bitumen Upgrading technology, showcasing its potential to enhance environmental and financial outcomes compared to traditional methods. The summit aims to unite industry leaders to address key challenges and opportunities within the bitumen sector, covering topics like market analysis and technological advancements.

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Aduro Clean Technologies (CSE:ACT)(OTCQB:ACTHF) has announced that its common shares are now DTC eligible on the OTCQB Venture Market as of September 16, 2021. This eligibility is expected to enhance liquidity and attract more U.S. investors, facilitating easier electronic transfers of shares. The company aims to advance its Hydrochemolytic technology, which focuses on recycling plastics and transforming oils into valuable resources. The shares will also continue to trade on the Canadian Securities Exchange under the symbol ACT.

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Aduro Clean Technologies (OTCQB: ACTHF) has achieved DTC eligibility for its common shares, enhancing liquidity and access to U.S. investors. This development is significant as it allows for more efficient electronic transfer of shares in the U.S. market. The company's CEO, Ofer Vicus, expressed optimism about increasing exposure in U.S. capital markets while continuing to develop their Hydrochemolytic technology. Aduro's innovative technologies focus on recycling plastics and converting heavy oil into valuable resources.

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Aduro Clean Technologies (CSE:ACT, OTCQB:ACTHF) will hold an investor webinar on September 29, 2021, at 11:00 AM EST. The session, led by CEO Ofer Vicus and VP Abe Dyck, aims to provide updates on operational advancements in converting waste plastics, bitumen, and renewable oils into valuable resources. A Q&A session will follow the presentation. Interested investors can register via the provided link, and a recorded version of the webinar will be available on the company's website shortly afterwards.

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Aduro Clean Technologies (CSE:ACT, OTCQB:ACTHF) announced an investor webinar on September 29, 2021, at 11:00 AM EST. CEO Ofer Vicus and VP Abe Dyck will discuss advancements in their patented water-based technologies for recycling plastics and converting heavy oils into higher-value products. The session will cover updates on waste plastics, bitumen, and renewable oils, followed by a Q&A. Interested investors can register via the provided link, and a recording will be available afterward on the company's website.

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Aduro Clean Technologies (CSE:ACT)(OTCQB:ACTHF) will present at the Oil Sands Conference and Trade Show in Fort McMurray, Alberta on September 15 at 1:45 PM. CEO Ofer Vicus will discuss the advantages of Hydrochemolytic™ processing for upgrading bitumen and heavy oils. The technology aims to convert asphaltenes into lighter crude, enhancing resource value. Aduro is also exhibiting at booth 3323. This annual event focuses on advancements in the oil sands industry, including technology and cleantech strategies.

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Aduro Clean Technologies (CSE: ACT)(OTCQB:ACTHF) will present at the Oil Sands Conference and Trade Show on September 15, 2021, at 1:45 PM in Fort McMurray, Alberta. CEO Ofer Vicus will discuss Hydrochemolytic™ Processing, highlighting its benefits for upgrading bitumen and heavy oils. The event emphasizes innovations in the oil sands industry. Aduro's patented technology aims to transform heavy crude and waste plastics into higher-value resources using a low-temperature process. For details, visit oilsandstradeshow.com.

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Aduro Clean Technologies (CSE:ACT, OTCQB:ACTHF) announced a marketing and investor relations agreement with Digitonic Limited, effective July 27, 2021. The deal, valued at US$216,000, focuses on North American market services for six weeks. This agreement will commence after the company's Hydrochemolytic™ technology achieves successful independent validation in a pre-pilot reactor. CEO Ofer Vicus emphasized the significance of this validation for future commercialization. The firm’s innovative approach aims to recycle plastics and convert heavy crude into valuable resources.

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Aduro Clean Technologies (CSE:ACT)(OTCQB:ACTHF) has announced an agreement with Digitonic Limited for marketing and investor relations services focused on North America. The deal, valued at US$216,000 for six weeks, will commence following the independent validation of the Company's Hydrochemolytic™ technology (HCT) for upgrading heavy petroleum. CEO Ofer Vicus emphasized this milestone as crucial for future commercialization. Digitonic’s digital marketing aim is to keep investors and potential partners informed as the Company anticipates achieving DTC eligibility for US electronic clearing.

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Aduro Clean Technologies has announced its common shares' listing on the Frankfurt Stock Exchange (FSE) effective July 28, 2021, under the trading symbol 9D50. This new listing aims to enhance trading liquidity and facilitate share acquisition for investors in Europe and globally. The FSE is one of the largest securities trading centers worldwide. Aduro specializes in patented water-based technologies for recycling plastics and converting heavy crude and renewable oils into higher-value fuels, with support from Bioindustrial Innovation Canada.

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FAQ

What is the current stock price of ADURO CLEAN TECHNOLOGIES (ACTHF)?

The current stock price of ADURO CLEAN TECHNOLOGIES (ACTHF) is $4.52 as of October 15, 2024.

What is the market cap of ADURO CLEAN TECHNOLOGIES (ACTHF)?

The market cap of ADURO CLEAN TECHNOLOGIES (ACTHF) is approximately 129.3M.

What does Aduro Clean Technologies specialize in?

Aduro Clean Technologies specializes in the chemical transformation of low-value feedstocks like waste plastics, heavy bitumen, and renewable oils into valuable resources using its patented Hydrochemolytic™ Technology.

What is Hydrochemolytic™ Technology (HCT)?

Hydrochemolytic™ Technology (HCT) is a patented water-based technology that deconstructs complex molecules at relatively low temperatures, making it an effective and environmentally friendly solution for chemical recycling.

What recent achievements has Aduro made?

Aduro was featured in the Viewpoint with Dennis Quaid series, completed successful test runs with its Continuous Flow Plastic Reactor, and entered strategic partnerships with multinational companies in the food packaging and building materials sectors.

How does Aduro contribute to sustainability?

Aduro contributes to sustainability by developing technologies that recycle waste plastics and other low-value feedstocks into valuable chemicals and materials, thereby reducing environmental pollution and promoting a circular economy.

What are some key financial highlights for Aduro?

In Q3 2024, Aduro achieved record revenue growth and maintained a strong cash position. The company also announced a private placement expected to raise up to $3.525 million to support its R&D initiatives.

Who are some of Aduro's key partners?

Aduro has partnered with a leading multinational food packaging company and a multinational building materials company to test and develop chemical recycling solutions for their specific waste streams.

What is Aduro's role in INC-4?

Aduro is participating in the fourth meeting of the Intergovernmental Negotiating Committee on Plastic Pollution (INC-4), advocating for policies that support advanced chemical recycling technologies and a circular economy.

What is Aduro's Customer Engagement Program (CEP)?

Aduro's Customer Engagement Program (CEP) is designed to ensure the company's technologies align with market needs. It involves conducting technical evaluations and developing customized recycling solutions in collaboration with industry partners.

What are the environmental benefits of Hydrochemolytic™ Technology?

Hydrochemolytic™ Technology provides environmental benefits by efficiently recycling waste plastics and other materials into valuable resources, significantly reducing carbon emissions and waste generation compared to traditional methods.

How can investors learn more about Aduro?

Investors can learn more about Aduro by visiting their website at www.adurocleantech.com, where they can find detailed information about the company's technology, financial performance, and recent news.

ADURO CLEAN TECHNOLOGIES

OTC:ACTHF

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129.32M
16.16M
25.97%
0.43%
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