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The latest announcement is out from Ecolomondo Corporation ( (TSE:ECM) ).
Ecolomondo Corporation is nearing the completion of its new milling line installation at the Hawkesbury TDP facility, with commissioning expected in March 2025. This new line will enhance production capacity and efficiency, processing 2,200 lbs per hour of recovered carbon black, meeting customer specifications. The successful commissioning is seen as transformational for the company. Additionally, Ecolomondo has been nominated for the 2025 Recircle Awards, highlighting its contribution to the tire recycling industry and circular economy.
More about Ecolomondo Corporation
Ecolomondo Corporation, based in Québec, is a Canadian cleantech company specializing in sustainable scrap tire recycling technology. The company utilizes its proprietary Thermal Decomposition technology to recover high-value reusable commodities from scrap tire waste, including recovered carbon black, oil, syngas, fiber, and steel.
YTD Price Performance: -8.11%
Average Trading Volume: 32,607
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$36.97M
See more data about ECM stock on TipRanks’ Stock Analysis page.
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