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Aduro Clean Technologies signs LOI for future offtake of circular hydrocarbons

This article was originally posted on Chemical Engineering Online.
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Summary
Aduro Clean Technologies (London, Ontario) has signed a non-binding Letter of Intent with a leading independent international commodities trading company for the future offtake of circular hydrocarbons. The deal centers on offtake from Aduro’s processes that convert lower-value feedstocks—such as waste plastics, heavy bitumen, and renewable oils—into higher-value resources.

What milestones or assurances do you think are most critical to turn this LOI into a binding offtake agreement and accelerate commercialization?

Aduro Clean Technologies (London, Ont., Canada; www.adurocleantech.com), a clean technology company using the power of chemistry to transform lower value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21st century, announces that it has signed a non-binding Letter of Intent (LOI) with a leading independent international commodities trading company active […]

The post Aduro Clean Technologies signs LOI for future offtake of circular hydrocarbons appeared first on Chemical Engineering.

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