Aduro Clean Technologies (ADUR) signed a memorandum of understanding with AstroTurf to evaluate its Hydrochemolytic Technology for recycling end-of-life synthetic turf, the company said Tuesday.
The companies will evaluate recovering polyethylene and polypropylene from used synthetic turf and converting them into circular petrochemical feedstocks.
Aduro said the collaboration will evaluate material recovery and recycling processes for synthetic turf. The non-binding MOU does not include commercial deployment terms.
Price: 15.39, Change: +0.13, Percent Change: +0.82
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments