Aduro Clean Technologies and GF Building Flow Solutions Americas Sign MOU to Advance Circular Solutions for Crosslinked Polyethylene Waste
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 12 2024
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Source: Newsfilter
Partnership Announcement: Aduro Clean Technologies has entered a memorandum of understanding with GF Building Flow Solutions Americas to explore collaboration on recycling Uponor cross-linked polyethylene (PEX) production waste into valuable raw materials using Aduro's Hydrochemolytic™ Technology.
Market Potential and Challenges: The global PEX pipe market is projected to reach approximately $2.79 billion by 2032, but the recycling of cross-linked polymers poses significant challenges due to their durability and resistance to decomposition, highlighting the need for innovative recycling solutions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
