Curated News
By: NewsRamp Editorial Staff
February 12, 2026
Ecolomondo Secures $2.7M to Ramp Up Tire Recycling Facility
TLDR
- Ecolomondo secures $2.7M financing from EDC, gaining financial flexibility and a payment holiday to complete ramp-up and expand production for competitive advantage in cleantech.
- Ecolomondo's Thermal Decomposition Process converts scrap tires into recovered carbon black, oil, syngas, and steel through pyrolysis, with financing supporting final operational ramp-up at its Hawkesbury facility.
- Ecolomondo's tire recycling reduces CO2 emissions by 90% versus virgin carbon black production, converting waste into resources and advancing the circular economy for a sustainable future.
- Ecolomondo's Hawkesbury facility processed 9,375 scrap tires in one week, producing 60,000 pounds of recovered carbon black and other valuable commodities from waste.
Impact - Why it Matters
This news matters because it represents tangible progress in addressing the global environmental challenge of tire waste, which accumulates in landfills and creates fire hazards and pollution. Ecolomondo's technology converts this waste into valuable industrial materials like carbon black and oil, reducing reliance on virgin resources and cutting greenhouse gas emissions significantly. For consumers and industries, this means more sustainable manufacturing options and reduced environmental impact from products that traditionally use carbon black, such as tires, plastics, and inks. The financing success signals growing investor confidence in circular economy solutions, potentially accelerating adoption of similar technologies worldwide and creating economic opportunities in green industries.
Summary
Ecolomondo Corporation, a Canadian cleantech company, has secured a significant $2.7 million in additional financing from Export Development Canada (EDC) to complete the final stage of operational ramp-up at its Hawkesbury tire-derived products (TDP) facility in Ontario. This financial boost, announced on February 12, 2026, follows a previous agreement in principle and includes a temporary payment holiday on existing loans during the 2026 ramp-up period, providing crucial flexibility for the company. The funding supports continued workforce expansion and increased production as Ecolomondo advances toward full capacity at a facility that recently achieved record output, processing approximately 150,000 pounds of crumb rubber from about 9,375 scrap tires during one week in January 2026.
The company's proprietary Thermal Decomposition Process (TDP) technology transforms end-of-life tires into valuable recovered resources including carbon black (rCB), oil, syngas, fiber, and steel, contributing to a circular economy while generating revenue from product sales and tipping fees. Interim CEO Jean-François Labbé emphasized that this financing enables the company to maintain momentum toward its strategic goals of becoming a leading global builder and operator of TDP facilities. With over 25 years of experience, Ecolomondo's environmentally friendly technology reduces greenhouse gas emissions by 90% compared to virgin carbon black production, with the Hawkesbury facility alone expected to cut CO2 emissions by 22,400 tons annually.
This development represents a significant step in Ecolomondo's mission to be a major contributor to sustainable waste management solutions while increasing shareholder value through the production of recovered resources for manufacturing new products. The company's shares trade on the TSX Venture Exchange (TSXV: ECM) and OTCQB (ECLMF), and interested parties can find more information on www.ecolomondo.com. The original release can be viewed on www.newmediawire.com, highlighting how this financing supports Ecolomondo's aggressive expansion plans in North America and Europe as it leverages its modular technology and ongoing research to remain technologically advanced in the competitive cleantech sector.
Source Statement
This curated news summary relied on content disributed by NewMediaWire. Read the original source here, Ecolomondo Secures $2.7M to Ramp Up Tire Recycling Facility
