Aduro signs MOU to build commercial HCT licence package

Executive Summary

• Aduro Clean Technologies Inc.'s wholly owned subsidiary, Aduro Energy Inc., signed a non-binding MOU with a leading global EPC company to jointly develop a commercial licensing package for its Hydrochemolytic Technology (HCT).
• The collaboration will combine HCT's proprietary water-based chemistry with the EPC's engineering and project-delivery capabilities to create a repeatable, modular plant concept for chemical recycling of mixed and contaminated plastic waste.
• The MOU directly supports Aduro's core go-to-market licensing strategy and aligns with recent operational milestones, including NGP pilot plant operating campaigns and finalized site selection for the FOAK industrial plant in the Netherlands.

Key Details

• Parties: Aduro Energy Inc. (wholly owned subsidiary) and a top-tier global GEPC/EPC organization.
• Agreement Type: Non-binding Memorandum of Understanding (MOU).
• Primary Objective: Jointly develop a comprehensive commercial licensing package and an associated license-driven business program for HCT-based plastic recycling plants.
• Scope of Work: Establish a framework and stage-gated activities for technology development, commercial licensing models, and pre-engineered plant concept design.
• Technology Application: Advanced chemical recycling of mixed and contaminated postconsumer plastic waste that is unsuitable for mechanical recycling.
• Strategic Rationale: Leverages Aduro's chemistry and process know-how alongside the EPC's advanced engineering and global project delivery experience to reduce technical/delivery risk and enable repeatable, configured plant designs for future customers.
• Project Milestones: Next-generation process (NGP) pilot plant has transitioned to operating campaigns; site selection for the first-of-a-kind (FOAK) industrial plant at Chemelot Industrial Park (Netherlands) has been finalized.
• Conditions & Next Steps: All work is subject to mutually agreed scopes, technical results, financing, completion of definitive agreements, and respective governance approvals. The MOU creates no obligation to proceed with any particular transaction.

Notable Quotes

• Ofer Vicus, CEO: "This MOU is an important step in the commercialization road map for Hydrochemolytic technology... Aduro has been clear that licensing is one of the key channels in its go-to-market strategy and this MOU supports that direction... The NGP pilot plant has recently transitioned to operating campaigns and site selection for the FOAK industrial plant has been finalized."