EQS-News

Aduro Clean Technologies Provides Update on Joint Research Initiative with Western University

EQS-News: Aduro Clean Technologies Inc. / Key word(s): Alliance/Research Update Aduro Clean Technologies Provides Update on Joint Research Initiative with Western University 02.02.2023 / 13:05 CET/CEST The issuer is solely responsible for the content of this announcement. Sarnia, ON, February 2, 2023 – Aduro Clean Technologies Inc. (“Aduro” or the “Company”) (CSE: ACT) (OTCQB: ACTHF) (FSE: 9D50), a Canadian developer of patented water-based technologies to chemically recycle plastics and to transform heavy crude and renewable oils into new-era resources and higher-value fuels, is happy to provide a progress update on its joint research project "Tuning Supercritical Fluids for Polymer Recycling to Monomers and Chemicals”. On October 27, 2022, the Company in partnership with the University of Western Ontario (“Western University”) announced that its joint research project was awarded $1.15 million in non-repayable funds by the National Sciences and Engineering Research Council ("NSERC") Alliance and Mitacs Accelerate Grants Program (“Mitacs”). Aduro will contribute an additional $382,500, for a total project budget of $1.53 million. The objective of this joint research project is to assess the impact of intrinsic and extrinsic contaminants, such as food, organic waste, plasticizers, and fillers, present in plastic feedstocks under varying conditions on quality, yield, and process design. The project also strives to enhance pre- and post-processing techniques. The commercial aim is to develop efficient strategies that minimize the requirement for costly sorting and separation systems during pre-processing. The project is envisioned to further improve the Hydrochemolytic process for chemical recycling of post-consumer and post-industrial plastics. All intellectual property generated from the joint research project will be owned by Aduro. The project will employ 18 highly skilled individuals who are dedicated to Aduro's commercialization program. Aduro will communicate with the Western University team on a bi-weekly basis to ensure the project's success. The three-year research project, led by Dr. Paul A. Charpentier and Dr. Cedric L. Briens of Western University, began in January 2023. So far, the principal investigators have recruited a team of 6 research members who will start working on first-year project deliverables.