EXCLUSIVE: Aduro's Deal With Cleanfarms Targets Farm Plastic Recycling Revolution And Scalable Sustainability

Benzinga·05/08/2025 10:30:13

Listen to the news

On Thursday, Aduro Clean Technologies Inc. (NASDAQ:ADUR) announced the signing of a Memorandum of Understanding (MOU) with Cleanfarms Inc., a prominent Canadian organization specializing in agricultural waste management.

This strategic, multi-phase collaboration will explore the technical and commercial feasibility of Aduro's proprietary Hydrochemolytic Technology (HCT) as a scalable solution for chemically recycling on-farm plastics that are difficult to process through conventional methods.

By combining Aduro's advanced recycling technology with Cleanfarms' leadership in agricultural plastic stewardship, the initiative aims to convert materials unsuitable for mechanical recycling into valuable feedstock—potentially enabling a circular economy in the agri-plastics sector.

"Our goal is to develop a commercial pathway for difficult-to-recycle agriculture waste, waste streams that are strong candidates for Aduro's HCT and are currently overlooked by conventional technologies," said Ofer Vicus, Chief Executive Officer at Aduro.

"Cleanfarms brings deep knowledge of the agricultural waste landscape and a national supply chain that can support our evaluation of HCT on real-world farm plastic materials. Together, we're building the foundation for a solution to reduce landfilling and open new value streams," added Vicus.

The collaboration will follow a three-phase, stage-gated approach to assess the technical and economic feasibility of using Aduro's Hydrochemolytic™ Technology to recycle post-consumer agricultural plastics.

Price Action: On the last check Thursday, ADUR shares were trading higher by 0.72% at $5.57 premarket.

Photo by Boy Anthony via Shutterstock

FAQ

Fee Schedule Open Account Deposit & Withdrawal Trading

Terms & Conditions

Client Agreement Privacy Policy Data Disclaimer Security Tips

About Webull

About us Webull Promotions Contact information Announcements

Service Email : service@webull.hkBusiness Cooperation : marketinghk@webull.hk

Risk Disclosure: The content of this page is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product. It is for general purposes only and does not take into account your individual needs, investment objectives and specific financial circumstances. All investments involve risk and the past performance of securities, or financial products does not guarantee future results or returns. Keep in mind that while diversification may help spread risk it does not assure a profit, or protect against loss, in a down market. There is always the potential of losing money when you invest in securities, or other financial products. Investors should consider their investment objectives and risks carefully before investing. For more details, please refer to risk disclosure.
① During the campaign period, US stocks, US stocks short selling, US stock options, Hong Kong stocks, and A-shares trading will maintain at $0 commission, and no subscription/redemption fees for mutual fund transactions. $0 fee offer has a time limit, until further notice. For more information, please visit: https://www.webull.hk/pricing
Webull Securities Limited is licensed with the Securities and Futures Commission of Hong Kong (CE No. BNG700) for carrying out Type 1 License for Dealing in Securities, Type 2 License for Dealing in Futures Contracts and Type 4 License for Advising on Securities.

Language

English