(TheNewswire)
Renewable Energyand Petrochemical Engineering Veteran Ali Alizadeh Brought onas CTO to Help Lead Ecolomondo Process Technologies Inc.
Montreal, QC – TheNewswire - November 15,2021-- EcolomondoCorporation (TSXV:ECM) (OTC:ECLMF) (the“ Company ” or “ Ecolomondo ”), a cleantech companyspecializing in the development of proprietary recycling technology,Thermal Decomposition Process (“ TDP ”), and thecommercialization of turnkey TDP facilities, todayannounce s the launch of wholly owned subsidiary Ecolomondo ProcessTechnologies Inc. (“ EPT ”).
EPT is amulti-disciplined Engineering, Procurement, and ConstructionManagement (EPCM) company with proprietarytechnologies and expertise in waste to energy conversion, gaspurification and separation, process gas/biogas upgrading and CO2capture technologies. EPT offers turnkeysolutions to customers and performs engineering services, installationand commissioning of waste to energy plants along with skidfabrication of gas purification, separation and upgrading.
With over 20 years ofexperience in research, engineering and project management across gasprocessing, petrochemical and renewable energy sectors, Ali Alizadeh, PhD, PEng assumes the new role of ChiefTechnology Officer.
“Across the EPCMspectrum, Ali is revered for his technical skills as well as hissmarts,” said Eliot Sorella, Chairman andChief Executive Officer of Ecolomondo. “Ali has a tremendous trackrecord of leading projects f rom pilot scalethrough to full commercialization, taking a hands-on approach toeverything from engineering design and equipment fabrication toequipment installation and plant commissioning.”
Skilled engineeringteams, coupled with experienced licenced generalcontractors, provide industrial-strength solutions designed tosubstantially reduce greenhouse gas emissions and generate renewableenergy such as methane and hydrogen from solid waste, process gas,synthetic gas and biogas.
“The formation ofEcolomondo Process Technologies is a key milestone that helps chart aclear path forward to executing our broader international TDP facilityexpansion plans,” Sorella continued. “We’re aggressivelybuilding out top-notch engineering and construction management teams,but we’re also immediately capitalizing on new client opportunitiesto test different equipment, engineering services and even feedstocksin our pilot facility, integrating tailored operational conditionsbased on a customer’s unique situation and needs. It’s a value-addto them, and a highly valuable addition for Ecolomondoshareholders.”
About Ecolomondo ProcessTechnologies
Ecolomondo Process Technologies (EPT) is a wholly ownedsubsidiary of Ecolomondo Corporation, with expertise in waste toenergy conversion, gas purification and separation, process gas/biogasupgrading and CO 2 capturetechnologies. EPT offers turnkey solutions to clients and performsengineering services, installation and commissioning of waste toenergy plants along with skid fabrication of gas purification,separation and upgrading. Highly qualified engineering teams, coupledwith experienced licenced general contractors,offer customers complete solutions to reducing emissions and generaterenewable energy such as methane and hydrogen from solid waste,process gas, synthetic gas and biogas.
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 sector industry groupslooking for breakthrough solutions extending across the entire productmanagement 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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