Ecolomondo Corporation has retained August Brown, LL.C. as independent risk advisor to support the development of its planned facility in Shamrock, Texas. The engagement includes a comprehensive feasibility study assessing business, operational, market, and financial risks associated with the project, which is designed to enhance transparency and strengthen investor confidence.
The Shamrock facility will replicate Ecolomondo's proprietary Thermal Decomposition Process technology currently operating at the Company's Hawkesbury, Ontario facility. The proposed project will consist of a six-reactor TDP plant approximately three times the capacity of the Hawkesbury operation. Processing capabilities for the Shamrock facility are projected at 5 million end-of-life tires per year, yielding approximately 15,000 MT of recovered carbon black, 18,000 MT of oil, 7,500 MT of steel, and 4,500 MT of syngas.
August Brown's independent validation of the project's business plan and risk mitigation framework is part of preparations for the sale of the green bond supporting the project. Following completion of this phase, August Brown is expected to undertake a second stage focused on engineering, technology validation, and project execution risk. Eliot Sorella, Executive Chairman of Ecolomondo, stated that independent validation of technology, projected operations, and financial model for the planned Shamrock Facility is an essential step that resonates strongly with investors, lenders, and potential joint-venture partners.
The Shamrock project represents the next phase of Ecolomondo's growth strategy following the successful commercialization of its proprietary TDP technology. With strong support from the Shamrock Economic Development Corporation, the Company has secured a 136-acre industrial site in Shamrock, Texas, and sourced long-term agreements for scrap tire feedstock that should sustain the Texas facility's operations. The Company's strategy is to become a major global builder and operator of TDP turnkey facilities, with plans to expand aggressively in North America and Europe.
Environmental considerations are central to the project's significance. By producing recovered carbon black, TDP reduces greenhouse gas emissions by 90% versus the production of virgin carbon black. The production of rCB at the Shamrock facility is expected to reduce CO2 emissions by 45,000 tons per year. The Company's Hawkesbury facility recently received International Sustainability and Carbon Certification, which offers chain-of-custody certification systems to ensure traceability and feedstock identity, adding commercial value to the Company's end-products. More information about Ecolomondo's technology and operations is available at https://www.ecolomondo.com.
Revenue streams from TDP facilities come from the sale of end-products manufactured on-site, including recovered carbon black, oil, steel and syngas, as well as tipping fees for processing scrap tires. The independent review process supports informed decision-making by bondholders and project partners as Ecolomondo advances its circular economy mission to produce and supply recovered resources for reuse in manufacturing new products. The Company's vision is to be a leading producer and reseller of recovered resources by building and operating TDP facilities strategically located close to feedstock, labor and offtake clients.
