Aduro Clean Technologies signed a non-binding Letter of Intent with a leading independent commodities trader to evaluate Hydrochemolytic™ oil produced at its planned FOAK Industrial Plant in Chemelot, Netherlands. The agreement establishes a framework for technical qualification, product specification alignment, and reproducibility assessment ahead of definitive offtake contracts.

Phase 1 of the validation program involves sample provision from Aduro’s Next Generation Process Pilot Plant, focusing on contaminant profiling, boiling range distribution, and alignment to steam-cracking requirements. Technical analytics will incorporate commercial feedback to establish product specifications and assess economic value before advancing to industrial scale.

Phase 2 triggers a commercial validation step upon commissioning of the FOAK facility, with the trading partner committed to purchasing the initial production parcel of Hydrochemolytic oil. This purchase will support downstream customer qualification, market development activities, and signal production reliability at industrial scale.

Policy developments like the European Union’s Packaging and Packaging Waste Regulation are tightening recycled content targets for plastic packaging starting in 2030, boosting demand for mass-balance certified hydrocarbons. The global chemical recycling market was valued at approximately USD 15.5 billion in 2024 and is projected to grow at a 9.8% CAGR through 2030, highlighting the strategic importance of structured offtake arrangements.