Ecolomondo has engaged Craft Capital Management, LLC as its strategic banking advisor with a goal to support its capital markets strategy, including financing initiatives and a contemplated uplisting to the NASDAQ, as it advances its global growth plans
Advancing Market Strategy
Craft Capital Management is a full-service brokerage firm and member of FINRA, SIPC and MSRB, providing investment banking services and access to institutional investors and family offices. Eliot Sorella, Executive Chairman of Ecolomondo, explained that Craft Capital’s track record in delivering capital solutions aligns strongly with Ecolomondo’s market strategy, supporting its next growth phase.
Ecolomondo Hawkesbury facility is expected to process up to 1.5 million scrap tyres annually at full capacity, equating to approximately 4,000 metric tons of recovered carbon black, 5,000 metric tons of pyrolysis oil, 2,000 metric tons of steel, and 1,200 metric tons of process gas. Its planned $93-million Shamrock Project has a goal of processing up to 5 million tyres annually, resulting in 15,000 metric tons of recovered carbon black, 18,000 metric tons of oil, 7,500 metric tons of steel, and 4,500 metric tons of syngas.
Ecolomondo has also recently received International Sustainability and Carbon Certification for its Hawkesbury TDP facility, which can add commercial value to the company’s end-products as they remain traceable in the supply chain. The TDP process reduces greenhouse gas emissions by 90% compared to the production of virgin carbon black, with the Hawkesbury and Shamrock facilities expected to reduce CO2 emissions by 15,000 and 45,000 tons per year, respectively.
Engaging with Craft Capital Management represents Ecolomondo’s strategic move to secure the financial resources necessary for market expansion as demand for sustainable materials continues to grow globally.
