Financings
Ecolomondo Recaps a Transformational 2025

ECM · Price
Executive Summary
- Ecolomondo reported a transformational 2025 with commercial production of recovered carbon black (rCB) and tire‑derived oil (TDO), shipping 22 truckloads of rCB (~ $800k revenue) and 15 tanker loads of TDO (~ $310k revenue).
- The company completed two private placements raising C$1.0 M (May 2) and $500 k (June 23) and secured a C$2.0 M Export Development Canada credit facility to fund new milling equipment.
- A binding joint‑venture agreement was signed with Spain’s ARESOL to develop four turnkey TDP facilities in Europe, and several senior appointments were made (new auditor, two directors, CTO).
Key Details
- Production Milestones – New milling equipment delivered Jan 2025; commissioning completed Jun 2025; commercial rCB production started Jul 2025.
- Batch Output 2025 – Q1: 17 full‑capacity batches; Q2: 33; Q3: 29; Q4: 69 (total 148 full‑capacity batches).
- Revenue Generation – rCB shipments: 22 truckloads ≈ $800,000; TDO shipments: 15 tanker loads ≈ $310,000.
- Joint Venture – Binding JV with Alternativas Riojanas Eólicas y Solares S.L. (ARESOL) to build four turnkey TDP plants in Europe (agreement signed Aug 2025).
- Financing – Private placement 1: closed May 2, gross proceeds C$1.0 M; Private placement 2: closed Jun 23, gross proceeds $500 k. Credit facility: C$2.0 M with Export Development Canada (secured Jan 2025) used to purchase milling equipment.
- Corporate Changes – ForvisMazars S.E.N.C.R.L. appointed new auditor; Frank Kelly and Véronique Laberge added to Board of Directors; Mario Mantaci, P.Eng., M.Eng., hired as Chief Technology Officer (Oct 2025).
- Forward‑looking Outlook – Management expects “unprecedented” production growth in 2026 and continued expansion into North America and Europe.
Notable Quotes
“2025 was a transformational year for the Company. Increased production, higher revenues, and improved overall performance are very encouraging, and we are looking ahead to an unprecedented 2026.” – Eliot Sorella, Executive Chairman
Materiality Assessment: Material – Positive (significant operational ramp‑up, revenue generation, financing activities, and strategic JV that could materially affect future performance).
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Jun 22, 2026 · 16:35