Aduro Clean Technologies Inc. (NASDAQ:ADUR) on Thursday announced it has signed a non-binding memorandum of understanding with a global engineering, procurement, and construction (GEPC) firm.

The agreement focuses on developing a commercial licensing package for its Hydrochemolytic Technology (HCT).

Licensing Framework And Execution

Its wholly owned subsidiary, Aduro Energy Inc., executed the agreement, which establishes a framework for a licensing model and a pre-engineered plant design

The design will enable the GEPC to develop facilities to process mixed and contaminated plastic waste unsuitable for mechanical recycling.

The partnership combines Aduro's process technology with the engineering firm's plant design and delivery expertise to support scalable, repeatable industrial projects.

The licensing package will outline how the company markets, prices and implements HCT solutions.

Scale-Up Plans And Next Steps

The initiative aligns with Aduro's scale-up plans, including its pilot operations and a planned first industrial facility at Chemelot Industrial Park in the Netherlands. Data from these projects will inform future licensed deployments.

The MOU is non-binding, with further progress contingent on technical validation, financing, definitive agreements, and regulatory approvals.

CEO Ofer Vicus said, "This MOU is an important step in the commercialisation roadmap for Hydrochemolytic™ Technology," adding that licensing remains a core component of the company's go-to-market strategy.

“Aduro has been clear that licensing is one of the key channels in its go-to-market strategy, and this MOU supports that direction. Working with a leading global EPC company helps translate HCT into a commercial licence package and a repeatable plant concept that customers can evaluate as an industrial project. The NGP pilot plant has recently transitioned to operating campaigns, and site selection for the FOAK industrial plant has been finalized. This progress supports the stage-gated work program contemplated under the MOU.”

ADUR Price Action: Aduro Clean Technologies shares were up 0.34% at $11.69 during premarket trading on Thursday, according to Benzinga Pro data.