tiprankstipranks
Aduro Unveils Updates on Innovative Waste Recycling Process
Company Announcements

Aduro Unveils Updates on Innovative Waste Recycling Process

Story Highlights
  • Aduro is nearing the completion of its groundbreaking NGP for recycling waste plastics.
  • Strategic initiatives are set to bolster the company’s path towards commercializing its technology.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Aduro Clean Technologies (TSE:ACT) has released an update.

Aduro Clean Technologies is advancing its Next Generation Process (NGP) for waste plastics, aiming for semi-industrial scale experiments to complete reactor configurations and start construction by the end of 2024. The company is also focusing on strategic initiatives including NGP design advancement, collaboration conversion, and expanding its intellectual property portfolio to support commercialization. Notable progress has been made in maximizing yield, handling difficult-to-recycle polymers, and developing a process design strategy to address various waste stream complexities.

For further insights into TSE:ACT stock, check out TipRanks’ Stock Analysis page.

Looking for more investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!