Our Companies

Aduro Clean Technologies

Aduro Clean Technologies is a developer of patented water-based technologies to chemically recycle waste plastics; convert heavy crude and bitumen into lighter, more valuable oil; and transform renewable oils into higher-value fuels or renewable chemicals. The company’s Hydrochemolytic technology relies on water as a critical agent in a chemistry platform that operates at relatively low temperatures and cost, a game-changing approach that converts low-value feedstocks into resources for the 21st century.

The Company’s primary business is the holding company of Aduro Energy Inc. (“Aduro”). Aduro is an early-stage business focusing on developing environmentally responsible technology for converting end-of-life plastics and tire rubber to specialty chemicals and fuels that replace petroleum, upgrading of heavy crude oils and the transformation of renewable oils into renewable fuels and specialty chemicals. The water based chemical recycling platform features three sector focus applications, Hydrochemolytic Plastics Upcycling (“HPU”), Hydrochemolytic Renewables Upgrading (“HRU”) and Hydrochemolytic Bitumen Upgrading (“HBU”). As at August 31, 2023, the Company has developed and owns eight patents, seven granted and one pending.

Background

After founding the acquisition company Dimension Five, Chris J. Parr, President and CEO, and his team invested in and secured funding for both companies, ultimately leading to the public transformation of Aduro. Chris worked closely with Aduro’s CEO, Ofer Vicus, on various aspects of the transaction. These efforts enabled the company to raise significant capital and reach critical milestones. Below are several news releases that provide insight into the dealmaking process. From a small lab in Sarnia Ontario to listing on NASDAQ, Aduro continues to impress with its progress in plastic upcyling technology and solving critical environmental challenges.

Entered into a letter of intent to acquire Aduro Energy.