Dimension Five Technologies buys Aduro Energy

In Canada, Dimension Five Technologies Inc. has entered into a binding letter of intent with Aduro Energy Inc. to acquire 100% of the company. Aduro Energy, established in 2012, is an Ontario-based private company that has developed a highly flexible clean energy platform featuring three water-based technologies: Hydrochemolytic Plastics Upgrading (“HPU”); Hydrochemolytic Renewables Upgrading (“HRU”); and Hydrochemolytic Bitumen Upgrading (“HBU”).

Originally conceived to radically enhance aspects of petroleum processing, the patented Aduro Energy solutions leverage unique properties of water to upgrade renewable oils as well as waste plastics and rubber to higher value products – cheaply and quickly. The approach is significantly more environment-friendly than established alternatives like energy-intensive pyrolysis, gasification, and decades-old methods applied to petroleum. Aduro Energy instead uses hydrochemolytics, a smart chemistry approach developed by the company. It bypasses traditional methods’ reliance on high temperatures from 400 ºC to as high as 1100 ºC, and on hydrogen produced by conversion of natural gas at between 700 ºC and 1000 ºC. Although hydrochemolytics operates at only 260 ºC – 390 ºC, it achieves the same benefits by activating and tuning water to beneficially transform diverse feedstocks.