Ecolomondo’s fiscal year is from January 1st to December 31st.
The Audit Committee, composed of members of Ecolomondo’s Board of Directors, assists the Board of Directors in various audit functions, namely the integrity of Ecolomondo’s financial statements, compliance, disclosures and internal control over financial reporting. More information about the Audit Committee is available here. Also, financial statements of Ecolomondo and its subsidiaries are audited by external auditors.
Information on Board Committees is available here.
Information on the Board of Directors is available here.
Please contact Ecolomondo at firstname.lastname@example.org.
You can contact Ecolomondo at email@example.com or Ecolomondo’s stock transfer agent, Computershare, 1500 Robert-Bourassa Boulevard, 7th floor Montreal, Quebec, Canada H3A 3S8. Phone: 514-982-7888.
Ecolomondo has only one category of stock (Common Shares).
Ecolomondo stock is traded on the TSX-V stock exchange under the ticker symbol ECM.
You can only purchase Common Shares on the TSX-V stock exchange through a licenced stock broker.
To date, Ecolomondo has not declared nor paid any cash dividends on its capital stock. Any future determination relating to our dividend policy is at the discretion of our Board of Directors, and subject to compliance with covenants in agreements governing any indebtedness, and may depend on our results of operations, financial condition, capital requirements and other factors deemed relevant by our Board of Directors.
Click here to access stock price information.
Ecolomondo has developed a sustainable green technology that recycles hydrocarbon waste into renewable commodity products that will be sold for reuse. Ecolomondo’s proprietary Thermal Decomposition Process, which we refer to as TDP, is an innovative green technology that addresses the global problems created by hydrocarbon waste. Ecolomondo markets TDP turnkey facilities on a global scale, based on its proprietary technology platform. The company is currently commercializing TDP turnkey facilities that use scrap tires as feedstock. Ecolomondo also offers after-market services such as technical support, spare parts, technology upgrades and extended warranties.
Hydrocarbon waste is waste-matter containing hydrocarbons. Hydrocarbons are molecules that are in all products made using fossil fuels. A hydrocarbon is the simplest organic compound containing only carbon and hydrogen. The majority of hydrocarbons found on earth naturally occur in crude oil, where decomposed organic matter provides an abundance of carbon and hydrogen. The most common types of hydrocarbon waste are tires, rubber products, plastics, asphalt, asphalt roof shingles, automobile shred residue (ASR) and diapers.
Pyrolysis is a thermochemical decomposition of organic material at elevated temperatures in the absence of oxygen. It involves the simultaneous change of chemical composition and physical phase, and is irreversible. Simply put, heat is used to alter the chemical composition and brings the waste back to commodities that were used to produce it in the first place. Ecolomondo’s proprietary heat curve that has been developed and tested for over 25 years and sets us apart from our competitors. Our heat curve ensures product quality and consistency, optimizing the value of the output.
• Burnt as fuel for energy (“Tire-Derived Fuel”): tires are used as a more economical alternative to coal as fuel in cement kilns, pulp and paper mills and industrial and utility boilers – 53% in the USA and 38% in Europe. Because of their tipping fees, tires are cheap to procure and provide an excellent energy source, however it is the method that gives the least value to scrap tires. It destroys valuable commodity products that are becoming short in supply, that could otherwise be recycled and reused. The burning of tire waste emits greenhouse gases in the atmosphere, even under controlled conditions. This method is destroying commodity products that will soon be needed to maintain a sustainable planet.
• Shredded for civil engineering and crumb rubber: tire shred is used for landfill construction, and crumb rubber is used for rubber products, sports surfacing and rubber-modified asphalt – 29% in the USA and 38% in Europe.
• Retreaded and exported: tires are reused with a new tread or in a new market – 10% in the USA and 15% in Europe.
• Landfilled: tires are landfilled in designated areas – 8% in the USA and 9% in Europe. The situation has improved significantly since the 1980s, however landfilled tires proved to be prone to catastrophic fires which created air and water pollution. Additionally, landfills are health hazards because they harbor disease vectors such as mosquitos and rats. To top it all, tires take generations to decompose.
Burning waste for energy is the subject of many environmental controversies. The only environmental advantage is that it provides an interim solution to get rid of high volumes of tire waste. Burning waste for energy is also referred to as “Waste-to-energy” or “Energy recovery”. It is the lesser of two evils in the hierarchy of waste management, as it still destroys valuable needed commodities but is better than landfilling. TDP is a renewable technology that will stop this.
“TDP” is the acronym for Ecolomondo’s pyrolytic technology platform: Thermal Decomposition Process. TDP is a sustainable green solution that will decompose waste efficiently.
It is a closed batch technology using a rotary kiln that heats waste in an oxygen-free environment. It operates under low positive pressure and with very low emissions. The process is totally automated, safe, robust and effective. A rotary kiln promotes even heat distribution throughout the feedstock, safeguarding the consistency of the end-products. The closed batch technology and automation allow TDP to control all process parameters and to repeat them from batch to batch. This is extremely critical because it allows TDP to produce end-products of consistent quality while maximizing output.
Ecolomondo has developed TDP, a green technology that extracts the highest value from hydrocarbon waste. TDP does not destroy waste, it recycles it to be reused to manufacture commodity products. Waste-to-products technologies such as that of Ecolomonodo will also benefit the much needed circular economy.
Ecolomondo’S TDP process will treat all types of hydrocarbon waste, the most common being tires, Auto Shred Residue (“car fluff”), plastics, disposed diapers and asphalt roof shingles. Ecolomondo is currently marketing TDP to process scrap tires. Scrap tires generate the highest value of end-products.
Ecolomondo’s TDP technology is a green sustainable technology that leaves very little residue. The hydrocarbon waste is entirely transformed into commodity end-products.
Tire waste is the most profitable feedstock. Once processed, tire waste generates a high proportion of recovered carbon black, the most valuable of all end-products. Recovered carbon black represents between 40% and 43% of TDP’s production yields.
Tipping fees and carbon credits are available to companies that physically handle and/or dispose waste. Ecolomondo does not physically handle waste, it manufactures TDP turnkey facilities, however the TDP turnkey facilities that handle and decompose the waste are eligible for both tipping fees and carbon credits.
With regards to scrap tires, a TDP reactor will process 7.5 tons of waste, in 8-hour cycles. A typical TDP turnkey facility should normally operate over 300 days per year, taking into consideration downtime, repairs and holidays. As a result, a TDP reactor is able to process over 7,500 tons per year. These quantities may vary from vrying feedstock types.
Ecolomondo provides the technical expertise and support, including spare parts and extended warranties.
Ecolomondo’s proprietary technology and intellectual property are protected by trade secrets, along with acquired expertise, know-how, trademarks, intellectual property licenses and other contractual rights that establish and protect our proprietary rights. Much of our intellectual property consists of data and experience amassed over a period of 25 years. During this time, our research and technical teams have achieved technological advancements that have become the heart of our technology platform, rendering it extremely difficult to copy.
Payback periods are dependent on size, equity, regulation, incentives and on local market conditions, such as labor, costs, feedstock availability, etc.
The construction, delivery and commissioning of the TDP turnkey facility should take approximately 10 to 12 months from the date of the Notice to Proceed.
You can get a quote for a TDP turnkey facility by contacting Ecolomondo at firstname.lastname@example.org.
An end-product is the final result of a manufacturing process. In the case of Ecolomondo, TDP produces the following end-products: recovered carbon black, steel, oil and derived products, fiber and gas. End-products meet market quality standards and have commercial value.
Virgin carbon black is a fine carbon powder produced by the incomplete combustion of petroleum products such as oil or natural gas. It is used as a color pigment in plastics, paints and inks, as a reinforcing filler in tires and other rubber products. Demand is increasing steadily, due to a constant increase in global consumption per capita. Its production process is highly polluting, and governmental efforts to control sulfur oxide and nitrogen oxide emissions are impeding the expansion of production capacity.
The TDP process provides a quality recovered carbon black. It is similar in properties to virgin carbon black, it has consistent particle size and excellent dispersion.
Feedstock can be acquired from various sources, typically from waste collectors and large waste producers.
• Tire waste: various collection systems have been developed for scrap tires, from government agencies to producer responsibility organizations. In all cases, scrap tire collectors need to dispose of them. Landfilling and burning as Tire-Derived Fuel are no longer viable options in many parts of the world. There are approximately 2 billion tires that reach their end-of-life on the planet each year.
• Auto Shred Residue (“ASR”, “car fluff”): ASR is concentrated with automobile shredders. Considering there is a limited number of automobile shredding operations (e.g., 250 in the United States), ASR can easily be collected as a feedstock for a TDP turnkey facility instead of being landfilled. Over 9 million tons of ASR is generated each year.
• Plastics: Even after selective waste collection, large quantities of plastics are still landfilled because plastics can easily become cross-contaminated. Once this happens, they have little commercial value and have to be landfilled. It is estimated that approximately only 7% of all plastics are recycled.
• Disposed diapers: This waste is concentrated at large institutions, such as hospitals and retirement homes, and is easily available. Almost all disposed diapers end up in landfills and represent 1.4% of all landfilled solid waste streams.
• Asphalt roof shingles: Because waste roof shingles are collected by roofers and normally discarded in truckload quantities, they could easily be delivered directly to TDP facilities for processing. Over 50% of all roof shingles end up in landfills.
TDP turnkey facilities sell the end-products they produce. Ecolomondo uses its experience and network to assist each TDP facility to secure offtake agreements for their end-products.
Yes they do in most cases. Recovered carbon black and oil are further processed on site to further improve their quality so that they meet the quality standards of a wide spectrum of end-users.
Yes. The gas created by the TDP process is a high energy hydrocarbon gas, with a calorific value between natural and propane gas. It can be sold as an end-product, however it is more valuable when used as the energy source to heat the reactors.
Yes. Any waste processing facility could collect a tipping fee or carbon credit for transforming waste. TDP turnkey facilities are eligible for them because they transform the waste that would otherwise be landfilled or burnt as Tire-Derived Fuel.
Ecolomondo was started approximately 25 years ago by Richard Bouziane and Rodier Michaud. They had the vision to develop a comprehensive eco-friendly platform to recycle waste and create end-products of marketable quality for reuse. Ecolomondo as it exists today was incorporated in 2007 under the laws of Canada by Elio Sorella to acquire the Pilot plant, and its intellectual property, located in Contrecoeur, Quebec, Canada.
TDP turnkey facilities conform to all the environmental regulations of most industrialized countries, including Canada and United States, which today are amongst the most restrictive. To ensure emission standards are respected, each TDP turnkey facility is mustered with apparatus that monitors emissions in real time. TDP recycles all the water used in its process and nothing is discarded in the municipal sewage system. TDP is a very clean and simple technology. All of the waste is decomposed with very little residue. TDP does not require for the storage of scrap tires because they are treated in real time upon receipt. To ensure clean emissions, it also scrubs all the syngas that its process uses as energy source.
TDP is a closed batch technology using a rotary kiln that heats waste in an oxygen-free environment. It operates under low positive pressure and with very low emissions. The process is totally automated, safe, robust and effective. A rotary kiln promotes even heat distribution throughout the feedstock, safeguarding the consistency of the end-products. The closed batch technology and automation allow TDP to control all process parameters and to repeat them from batch to batch. This is extremely critical because it allows TDP to produce end-products of consistent quality while maximizing output.
Ecolomondo’s proprietary automation system improves production yields because it allows complete control of all process parameters and ensures that each batch can be processed repetitively. This repetition creates better end-products by allowing them to be consistent in quality. Ecolomondo’s automation also allows an operator to run the TDP facility with little human interface. Because of the minimal amount of the human interface, the automation will simplify the training of TDP facility operators and technicians, while improving the security measures and monitoring. It also permits us to acquire and retrieve important statistical data on process conditions needed for further improvements to efficiency.
Operations require a plant manager, supervisors, operators, production workers, mechanics, chemists, quality control and shippers/receivers. The numbers of employees will vary depending on the size of the TDP turnkey facility.
Ecolomondo’s TDP was noted by both Polytechique Montreal (Chemical Engineering Department) and Western University (Institute for Chemicals and Fuels From Alternative Resources) as safe and robust.
Some waste-pyrolysis methods operate on continuous feed of feedstock, making the removal of oxygen more difficult when compared with closed batch technology, such as TDP. Ecolomondo’s proprietary technology platform operates under very low positive pressure preventing ambient air/oxygen from entering the reactor, making TDP very safe.
Safety consultants have performed comprehensive analysis to ensure process safety. Further to their recommendations, we have implemented a very rigorous HAZOP program for our employees and process. Furthermore, Ecolomondo has developed and implemented a proprietary automation system that minimizes the human interface, helping to avoid human errors. Our process also has numerous other safety features, such as rupture disks, safety flare, real-time monitoring of the process, of the reactor and of the payload.
Ecolomondo improved the TDP platform to avoid the use of chemicals during its process. It allows TDP to be sustainable and to operate at a lower cost. Ecolomondo’s TDP platform consumes small quantities of water and recycles most of it. Our technological breakthroughs permit it to use very little chemicals. Other pyrolysis technologies use large quantities of chemicals such as nitrogen and have difficulty recycling the water.
TDP has low energy costs because the syngas generated by the process provides most of the energy needed to heat the reactors.
Our technology platform is modular, designed so that each reactor is a stand-alone unit. This enables us to build facilities of different sizes, with variable capacity to suit customer needs by simply increasing or reducing the number of reactors.