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Aduro Clean Technologies Signs Letter Of Intent To Evaluate, Qualify Hydrochemolytic Oil

Benzinga·03/12/2026 12:14:59
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Aduro Clean Technologies Inc. ("Aduro" or the "Company") (Nasdaq: ADUR) (CSE: ACT) (FSE: 9D5), a clean technology company using the power of chemistry to transform lower value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21st century, announces that it has signed a non-binding Letter of Intent ("LOI") with a leading independent international commodities trading company active in the sourcing, logistics, and marketing of naphtha and certified circular hydrocarbon streams. The LOI establishes a framework to evaluate and qualify Hydrochemolytic™ oil produced by the Company for future offtake agreements.

The LOI includes a committed offtake arrangement for the initial production parcel tied to the Company's First-of-a-Kind ("FOAK") Industrial Plant planned for construction at Chemelot Industrial Park in Geleen, Netherlands. It establishes a structured Pilot-to-FOAK validation program intended to determine product value, confirm specification alignment, and evaluate reproducibility of Hydrochemolytic™ oil while supporting downstream market positioning as part of the circular hydrocarbon markets.