CHAR Tech Provides Thorold Commissioning Update, Core Process Equipment Installation Advancing

Executive Summary

• Kiln chamber at the Thorold Renewable Energy Facility is now fully assembled and burner walls welded, marking a key milestone in Phase 1 construction.
• Mechanical installations are largely complete; commissioning will focus on tie‑ins, controls, and feedstock handling with biomass introduction targeted by month‑end.
• Phase 1 aims to produce up to 5,000 t/yr of biocarbon, with commercial production ramp‑up expected in Q2 2026; Phase 2 planning (second kiln, methanation, RNG pipeline) is already underway.

Key Details

• Kiln Chamber: Fully assembled; burner walls welded in place.
• Thermal Oxidizer: Mounted on mezzanine structure; supporting mechanical installations completed.
• Commissioning Focus: Sequential start‑up—first feedstock handling/preparation, then full commercial pyrolysis kiln operation.
• Biomass Feedstock: Introduction to handling system targeted for end of March 2026.
• Phase 1 Capacity: Up to 5,000 tonnes per year of biocarbon production.
• Production Ramp‑Up: Targeted to reach commercial levels during Q2 2026.
• Phase 2 Plans: Installation of a second high‑temperature pyrolysis kiln, addition of methanation equipment to convert synthetic gas into Renewable Natural Gas (RNG), and construction of an on‑site RNG pipeline injection point.
• CEO Quote: Andrew White emphasized that the project is moving toward first commercial revenues and highlighted the long‑term growth plan for shareholder value.

Notable Quotes

“Our team is successfully advancing phase 1 of the Thorold Renewable Energy Facility construction as we continue with commissioning… We are focused on building shareholder value and milestones like this are just the beginning steps to a long‑term growth plan.” – Andrew White, CEO