Aduro Clean Technologies Picks Chemelot Site for First Industrial-Scale Plastics Recycling Plant

Aduro Clean Technologies ( (TSE:ACT) ) has provided an update.

Aduro Clean Technologies has chosen the Chemelot Industrial Park in Sittard-Geleen, Netherlands, as the site for its first industrial-scale plant, a First-of-a-Kind facility that will deploy its Hydrochemolytic Technology for the chemical recycling of waste plastics. The plant, which follows pilot-scale validation, is designed as a key step toward commercial operations, starting with a capacity of about 10,000 tonnes per year and with room for phased expansion. The company selected Chemelot after an extensive site-selection process, citing the park’s integrated chemical cluster, robust utilities, access to waste feedstock, proximity to steam cracking and downstream polymer production, and alignment with Europe’s circular-economy regulations. The location within the Netherlands’ circular chemistry ecosystem and the Brightlands Chemelot Campus is expected to support Aduro’s long-term industrial presence, strengthen its position in the circular plastics value chain, and facilitate partnerships with regional industrial offtakers and innovation partners.

The most recent analyst rating on (TSE:ACT) stock is a Hold with a C$20.00 price target. To see the full list of analyst forecasts on Aduro Clean Technologies stock, see the TSE:ACT Stock Forecast page.

Spark’s Take on TSE:ACT Stock

According to Spark, TipRanks’ AI Analyst, TSE:ACT is a Neutral.

The score is held back primarily by weak financial performance—very small revenue relative to a large loss base and continued cash burn—despite a low-leverage balance sheet. Technicals are comparatively stronger, with the stock trading above key moving averages and positive momentum indicators. Valuation remains constrained by negative earnings and no stated dividend.

To see Spark’s full report on TSE:ACT stock, click here.

More about Aduro Clean Technologies

Aduro Clean Technologies Inc. is a clean technology company that uses proprietary Hydrochemolytic Technology to convert lower-value feedstocks such as waste plastics, heavy bitumen, and renewable oils into higher-value resources. The company targets the circular economy and low-carbon transition, focusing on supplying circular hydrocarbon intermediates that can serve as alternatives to fossil-based naphtha for the chemical and materials industries.

Average Trading Volume: 14,562

Technical Sentiment Signal: Buy

Current Market Cap: C$652.6M

For an in-depth examination of ACT stock, go to TipRanks’ Overview page.