EXCLUSIVE: Aduro Chooses Netherlands Site For First Industrial Plant As It Pushes Toward Commercial Scale
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Aduro Clean Technologies Inc. has selected Chemelot Industrial Park in the Netherlands for its first industrial-scale facility, utilizing Hydrochemolytic Technology to recycle waste plastics. The site is chosen for its infrastructure readiness and expansion potential, with initial production set at 10,000 tonnes/year. This marks a significant step towards commercial operations, transitioning from pilot work. Aduro recently reported increased revenue but wider losses as it invests in scaling up operations. Shares of Aduro rose 1.58% in premarket trading.
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