Aduro Signs MOU to Develop a Commercial Licence Package for Hydrochemolytic(TM) Technology

Executive Summary

• Aduro Clean Technologies’ subsidiary signed a non‑binding MOU with a leading global EPC firm to develop a commercial licensing package for its Hydrochemolytic™ Technology (HCT).
• The collaboration will create a pre‑engineered plant concept and a repeatable, modular design for chemical recycling of mixed post‑consumer plastic waste.
• The partnership supports the scale‑up pathway toward a first‑of‑a‑kind (FOAK) industrial plant at Chemelot Industrial Park in the Netherlands, leveraging data from Aduro’s Next Generation Process pilot plant.

Key Details

• Parties: Aduro Energy Inc. (wholly owned subsidiary of Aduro Clean Technologies) and an unnamed leading Global Engineering, Procurement & Construction (“GEPC”) company.
• Agreement Type: Non‑binding Memorandum of Understanding (MOU); no obligations to consummate a transaction until definitive agreements are executed.
• Objective: Jointly develop a commercial HCT licence package and associated “Licence Business” outlining marketing, pricing, delivery, and support for customers.
• Scope of Work:
• Framework and stage‑gated activities to translate HCT into a commercial licence offering.
• Development of a pre‑engineered plant concept for industrial-scale chemical recycling of mixed/contaminated plastic waste.
• Integration of Aduro’s chemistry/process know‑how with GEPC’s engineering and project delivery capabilities.
• Target Project: First‑of‑a‑kind (FOAK) HCT industrial plant to be realized at Chemelot Industrial Park, Netherlands.
• Supporting Assets: Data and operating experience from the Next Generation Process (NGP) pilot plant will inform the engineering basis for the licence package.
• Commercialisation Roadmap: The MOU is positioned within Aduro’s broader go‑to‑market strategy that emphasizes licensing as a primary channel for HCT deployment.
• Future Steps: Work under the MOU will be subject to mutually agreed scopes of work, technical results, financing arrangements, completion of definitive agreements, and approvals by each party’s governance bodies.

Notable Quotes

“This MOU is an important step in the commercialisation roadmap for Hydrochemolytic™ Technology,” said Ofer Vicus, Chief Executive Officer of Aduro. “Aduro has been clear that licensing is one of the key channels in its go‑to‑market strategy, and this MOU supports that direction.”

Materiality Assessment: Material – Positive (the partnership could materially enhance Aduro’s commercial rollout and revenue potential).