Ecolomondo Corporation Increases Tire Shredding Production at Hawkesbury Facility
Montreal, QC – June 16, 2025 – Ecolomondo Corporation (TSXV: ECM) (OTCQB: ECLMF), a Canadian leader in sustainable scrap tire recycling technology, has announced an increase in tire shredding production at its Hawkesbury TDP facility. This development follows the successful commissioning of new milling equipment and the startup of the recovered carbon black (rCB) processing line, which are crucial for continuous rCB production and overall facility operations.
The company’s recent advancements are expected to enhance activities at the Hawkesbury facility, necessitating higher volumes of crumb rubber. To meet these increased production goals, Ecolomondo has added a second work shift in the Tire Shredding Department. This strategic move ensures a steady supply of crumb rubber, supporting the facility’s expanded operations.
Ecolomondo Corporation, based in St Laurent, Canada, operates within the Industrials sector, specializing in Commercial Services & Supplies. The company is recognized for its innovative thermo-reaction process technology, which converts hydrocarbon waste into valuable commodities such as carbon black substitutes, oil, gas, and steel.
As of June 16, 2025, Ecolomondo’s stock closed at CAD 0.18 on the TSX Venture Exchange, with a market capitalization of CAD 42,500,000. The company’s 52-week high was CAD 0.33 on April 30, 2025, and its 52-week low was CAD 0.11 on December 15, 2024. The price-to-earnings ratio stands at -10.92, reflecting the company’s current financial metrics.
This increase in production capacity at the Hawkesbury facility underscores Ecolomondo’s commitment to expanding its sustainable recycling operations and enhancing its market presence in the commercial services and supplies industry.