ECLMF - Ecolomondo Announces Director Appointment
(TheNewswire)
Montreal, QC – TheNewswire- December 2, 2021-- Ecolomondo Corporation (TSXV:ECM) (OTC:ECLMF) (the “ Company ” or“ Ecolomondo ”), a cleantech company specializing in the development ofproprietary recycling technology, Thermal Decomposition Process(“ TDP ”), and the commercialization of turnkey TDP facilities, ispleased to announce the appointment of Suzanne Desrosiers to its Boardof Directors.
Mrs. Desrosiers, CPA, CA, is Chief Financial Officer ofGroupe Forget, a leading hearing health network based in Quebec with100 clinics. She is an experienced executive in corporaterestructuring, mergers & acquisitions and was the Chief FinancialOfficer and a director of Cortina Capital Corp., the capital poolcompany with which the Company completed its reverse takeover. Mrs.Desrosiers also had key positions as tax specialist in largemultinationals. She holds a Bachelor of Business Administration fromHEC Montreal, she has completed the Canadian Institute of CharteredAccountants In-Depth Tax Course, and she is a member of CharteredProfessional Accountants Quebec, Chartered Professional AccountantsCanada, the Tax Executive Institute and the Tax and Financial PlanningAssociation.
“ As the Company is embarking onits global expansion, Suzanne will be a great addition to our Board,she will bring with her exceptional experience and guidance”, saidEliot Sorella, President & CEO of the Company.
About TDP Technology
Thermal Decomposition Process technology is a proprietarywaste-to-resources technology that the Company expects will play acritical role in the development and proliferation of the circulareconomy. TDP is a closed loop, slow pyrolysis technology that operatesin an oxygen-free environment using positive pressure and a batchrotary reactor. The process is largely energy self-sufficient.Ecolomondo’s exclusive automation system allows for strict controlof cycle times, processing parameters and consistent batch production,resulting in quality, commercial-grade recycled commodities andend-products.
About Ecolomondo Corporation
Ecolomondo is a Canadian cleantech company specializing in thecommercialization of its waste-to-products operations and proprietaryTDP technology. With 25+ years of industry experience and a trackrecord of establishing strong circular economy partnerships, theCompany is strategically positioned to become a major global vendor ofturnkey TDP facilities that convert hydrocarbon waste into saleableend-products including recycled carbon black, oil, gas andsteel.
Revenue growth will come from the sale offully-automated and energy self-sufficient TDP facilities androyalties from the sale of end-products, tipping fees and carboncredits. Ecolomondo’s initial focus is to aggressively market TDPfacility expansion throughout North America, as management has beenspeaking with numerous public and private sectorindustry groups looking for breakthrough solutions extending acrossthe entire product management and processing lifecycle.
Cautionary NoteRegarding Forward Looking Statements
The information in this news release includes certaininformation and statements about management's view of future events,expectations, plans and prospects that constitute forward lookingstatements. These statements are based upon assumptions that aresubject to significant risks and uncertainties. Because of these risksand uncertainties and as a result of a variety of factors, the actualresults, expectations, achievements or performance may differmaterially from those anticipated and indicated by theseforward-looking statements. Although Ecolomondo believes that theexpectations reflected in forward looking statements are reasonable,it can give no assurance that the expectations of any forward-lookingstatements will prove to be correct. Except as required by law,Ecolomondo disclaims any intention and assumes no obligation to updateor revise any forward-looking statements to reflect actual results,whether as a result of new information, future events, changes inassumptions, changes in factors affecting such forward-lookingstatements or otherwise.
For further information please contact:
Eliot Sorella,
Chairman and Chief Executive Officer, Ecolomondo
Tel: (450) 587-5999
esorella@ecolomondocorp.com
www.ecolomondo.com
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