Investment Highlights for Aduro Clean Technologies Inc.

Aduro Clean Technologies Inc.
542 Newbold St.
London, Ontario, Canada
N6E 2S5
Phone: (226) 784-8889
https://adurocleantech.com/ 

• Aduro Clean Technologies Inc. (“Aduro” or “the Company”) is a Canadian company developing a proprietary chemical recycling platform, Hydrochemolytic™ Technology (HCT), to transform low value hydrocarbon materials—like waste plastics, heavy bitumen, and renewable oils—into higher value resources. HCT is based on a unique and patented chemical process that breaks down big hydrocarbon molecules into smaller ones that can be used as fresh feedstock for new plastics, chemicals, or fuels.
  
  
• The Company’s proprietary HCT platform is highly versatile, with Aduro developing different applications to target three important commercial sectors: (1) Hydrochemolytic Plastic Upcycling, for recycling of plastic waste to chemical feedstock for new plastic and other chemicals production; (2) Hydrochemolytic Bitumen Upgrading, for upgrading of heavy oil and bitumen to readily transportable crude oils without the use of diluents; and (3) Hydrochemolytic Renewables Upgrading, for conversion of animal or vegetable oils to renewable fuels and chemical feedstock. These three markets represent a combined market value of more than $200 billion.
  
  
• HCT provides significant advantages over current technologies. For example, for its waste plastic application, it provides a higher tolerance for contaminants in feedstock, a much-reduced post-treatment requirement, substantially lower material losses, lower energy cost, and a more compact process design when compared to alternative technologies (such as pyrolysis), allowing profitable operations at smaller scale.
  
  
• For the past few years, the Company’s focus has been on up-scaling its technology from lab-scale batch reactors (R1) into a continuous flow processing unit (R2) for both Hydrochemolytic Plastic Upcycling and Hydrochemolytic Bitumen Upgrading. With those goals achieved, the Company is now focusing on its commercialization goals through its revenue-generating Customer Engagement Program (CEP), which involves commercial partnerships through demonstration projects.
   
  • Aduro’s CEP program enables interested organizations to conduct controlled technology evaluation sessions of HCT, while allowing Aduro to calibrate its efforts against a highly dynamic reality of feedstock and product developments. This offers the possibility to tap into complementary competences, generate revenue, and build a portfolio of commercial prospects—paving the way for future full-scale commercial projects.
    
    
  • Currently, Aduro has five paying customers in its CEP across both its Hydrochemolytic Plastic Upcycling and Hydrochemolytic Bitumen Upgrading programs, as well as is ongoing discussions with more than 20 potential customers, including Fortune 500 companies.
    
    
• Aduro’s business model is based on licensing and royalties, avoiding the need to own and operate the processing plants. This strategy is expected to allow the Company to aggressively enter into new markets and commercialization agreements without the need for major capital or operational expenses required to build and operate the required facilities, focusing instead on the continuous R&D of its technology.
  
  
• Aduro is led by a highly experienced management team with extensive experience in the chemical, petrochemical, renewable energy, and environmental technology industries. 
  
  
• As of February 29, 2024, Aduro had cash and cash equivalent of C$2.156 million and on June 17, 2024, closed a private placement for gross proceeds of C$3.525 million.

* Updated on August 20, 2024.

NOTE: The Company's share consolidation, effective August 20^th, temporarily changed Aduro's OTCQX ticker to ACTHD for 20 business days, after which it  will revert to ACTHF.