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Ecolomondo Corporation ( (TSE:ECM) ) has shared an update.
Ecolomondo Corporation announced the progress of its new milling line installation at the Hawkesbury TDP facility, which is on track to be completed by March 2025. The new line will enhance production efficiency and meet customer specifications, with full automation and a capacity to process 2,200 lbs per hour of recovered carbon black. The facility’s successful operations, highlighted by recent production milestones, underscore the effectiveness of its recycling technology and its potential for commercial success.
More about Ecolomondo Corporation
Ecolomondo Corporation is a leading innovator in sustainable scrap tire recycling technology. The company focuses on developing and implementing advanced processes to recycle end-of-life tires into valuable materials like recovered carbon black, tire-derived oil, and steel, catering mainly to the recycling and sustainability markets.
YTD Price Performance: -13.51%
Average Trading Volume: 24,094
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$34.8M
Find detailed analytics on ECM stock on TipRanks’ Stock Analysis page.