ST. LAURENT, Quebec—Canadian cleantech company Ecolomondo Corp. is planning to set up a tire-recycling plant in Hawkesbury, Ontario, to showcase its thermal decomposition process technology.
The company has acquired a 13.4-acre plot land for the project with site work set to begin immediately. Hawkesbury is a town of about 10,000 inhabitants in eastern Ontario on the Ottawa River near the border with Quebec.
Construction work will start on the 50,000-sq.-ft. facility in autumn 2018 with completion scheduled for the second or third quarter of 2019, Ecolomondo said.
With a rated processing capacity of approximately 13,000 metric tons of end-of-life tires per year, the facility will recover 5,000 tons of carbon black, 6.5 million liters of oil, 1,200 tons of process gas and over 1,600 tons of steel per year.
Ecolomondo purchased the plot for about $305,000. The project investment was not disclosed.
Montreal-based Ecolomondo intends to use the facility as a showpiece to bring visibility to its technology, which converts hydrocarbon waste, including tire, rubber and plastics, into marketable commodity end-products, namely carbon black substitute, oil, gas and steel.
The Montreal-based company's business is selling turnkey waste-processing facilities based on its TPD technology.
Ecolomondo is a publicly traded company, whose stock is traded on the TSX-V stock exchange under the ticker symbol ECM. The company was founded 25 years ago by Richard Bouziane and Rodier Michaud and went public in 2007.
The company operates an industrial-scale pilot plant in Contrecoeur, Quebec, with two reactors the firm said are capable of processing 6.5 tons of tire waste each in less than eight hours.
Ultragen International, a Boucherville, Quebec-based engineering company, has been awarded the engineering, procurement, construction, management service agreement for the project.