Ecolomondo Reports Progress and Revenue Growth

Ecolomondo Corporation (TSE:ECM) has released an update.

Ecolomondo Corporation, a leader in cleantech with its innovative Thermal Decomposition Process (TDP) technology, has reported significant progress at its Hawkesbury TDP facility in 2023, including efficient simultaneous production cycles and improvements to shredding and thermal processing. Despite a temporary delay in full commercialization due to milling machine capacity issues, the company expects to resolve the setback by the third quarter of 2024. Financial highlights for the year include an increase in revenue to $149,281 and the successful sale of end-products worth $196,727.

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