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3 stories mentioning ACT.TOUpdated 1d ago

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Mining & Metals

Aduro Clean Technologies Says Unit Signs MOU With Ortessa Groep BV To Advance FOAK Plant Feedstock Logistics

Aduro Clean Technologies' (ACT.TO) European unit Aduro Clean Technologies Europe BV (ACTE), signed a non-binding memorandum of understanding (MOU) with Ortessa Groep BV, a Dutch group of enterprising waste companies, to evaluate the development of a feedstock logistics center to support Aduro's first-of-a-kind (FOAK) industrial site at Chemelot Industrial Park in Sittard-Geleen, the Netherlands, it said Wednesday.The FOAK project advances its chemical recycling scale-up pathway for waste plastics by moving Hydrochemolytic Technology (HCT) toward industrial implementation. Aduro is developing an industrial-scale site where civil works, utilities, and site infrastructure are being planned with expansion readiness in mind from the outset.ACTE and Ortessa will evaluate a feedstock preparation and logistics pathway, including the potential use of one or more Ortessa sites to host and manage suitable post-use feedstock for the Chemelot project, it said.Shares of Aduro Clean Technologies closed down 1.1% to $20.41 on Tuesday on the Toronto Stock Exchange.

$ACT.TO
Mining & Metals

Aduro Clean Tech Appoints Jan Lemmens to Lead FOAK Facility Development

Aduro Clean Technologies (ACT.TO) on Wednesday said it appointed Jan Lemmens to lead the development of its First-of-a-Kind (FOAK) industrial facility at the Chemelot Industrial Park in the Netherlands.Lemmens, who has held senior operating and engineering leadership roles across the Netherlands and Europe, will lead project development, engineering, and construction activities for the facility.The facility is designed to deploy hydrochemolytic technology (HCT) for the chemical recycling of waste plastics with an initial capacity of 10,000 tonnes per year. The site, which is scalable, provides a modular pathway to establish industrial-scale operating experience while preserving capacity for future growth, Aduro said.Aduro shares were last seen down $0.35 to $22.65 on the Toronto Stock Exchange.Price: $22.65, Change: $-0.35, Percent Change: -1.52%

$ACT.TO
Mining & Metals

Aduro Clean Technologies Starts Trading on the Toronto Stock Exchange

Aduro Clean Technologies (ACT.CN) on Tuesday said it received final approval to list its shares on the Toronto Stock Exchange (TSX) under the symbol "ACT".Trading on the TSX will start at market open on May 27. In connection with the TSX listing, the company will concurrently delist its shares from the Canadian Securities Exchange.Aduro shares will continue to trade on the Nasdaq Capital Market under the symbol "ADUR" and Frankfurt Stock Exchange under the symbol "9D5".Shares of the company were last seen up $1.35 to $20.75 on the Canadian Securities Exchange.Price: $20.75, Change: $+1.35, Percent Change: +6.96%

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