ARESOL Renovables, a Spanish business group with a recognised track record in the renewable energy and circular economy sectors, has announced an agreement with Ecolomondo Corporation
Ecolomondo is launching its European subsidiary, “Ecolomondo EU” in Spain, to manage the rollout of its TDP technology at a minimum of four tyre pyrolysis plants across the EU.
Before this agreement, on December 2, 2024, Ecolomondo signed a non-binding letter of intent with Aresol for a joint venture to build a tire pyrolysis plant in Spain. The facility would use four reactors and process 20,000 metric tons of end-of-life tires annually.
The current agreement, executed in July 2025, reflects a heightened level of ambition and stronger alignment with the strategic objectives of both companies. This contract was formalised following an extensive and successful technical due diligence process, which verified the suitability of Ecolomondo’s TDP technology for converting vehicle and truck tyre waste into economically and environmentally valuable products.
The audit took place entirely at Ecolomondo’s commercial-scale facility in Hawkesbury, Ontario, where each stage of the tyre processing and transformation sequence was assessed and validated. This included pre-shredding, separation of textiles and steel, operations within the pyrolysis reactors, extraction phases for Tyre Pyrolysis Oil (TPO, also referred to as Tyre-Derived Oil or TDO), and the MPS process (Micronising, Pelletising, and Drying) for homogenising Recovered Carbon Black (rCB). Comprehensive analysis of TPO and rCB samples confirmed full compliance with prevailing market standards set by major purchasers, thereby demonstrating significant environmental benefits as well as robust economic viability.
According to Eliot Sorella, Executive Chairman of Ecolomondo, and Raúl Sáenz, Partner at Aresol, this strategic alliance “will enable the rapid deployment in Europe, over the coming years, of the most efficient, viable, and advanced end-of-life tyre management technology. It will also help EU member states continue improving their tyre waste management amid growing environmental restrictions on energy recovery and certain material recovery methods.”
Both leaders highlighted the timeliness and strength of this agreement.
“We couldn’t imagine a better partner for our entry into Europe,” said Sorella. “We share a common vision to deliver a reliable, consistent technological solution to a pressing environmental challenge. We have both worked hard to build our capabilities and are 100% committed to this project. Aresol brings privileged presence in the EU, strong regulatory and cultural expertise, solid EPC capabilities that have led them to deliver large-scale renewable and circular economy projects, and, above all, a trusted team and partners we can rely on unconditionally in our growth and expansion journey.”
“At Ecolomondo, we have found not only a great technological partner but also an unstoppable driving force for our shared project,” stated Sáenz. “Their technology works — and exceeds expectations — something rare and difficult to confirm today. We’ve audited their process, validated their exceptional products, witnessed daily shipments of TPO and rCB to end customers, and, most importantly, we’ve done all this alongside Ecolomondo’s outstanding professional team. We believe Europe faces a major challenge in managing end-of-life tyres more sustainably, both environmentally and economically, and we are convinced that Ecolomondo’s TDP technology offers a reliable and scalable solution to achieve this quickly.”
Following comprehensive discussions and an extensive technical audit conducted by Aresol, the parties executed a definitive agreement in July 2025 to construct four turnkey tire pyrolysis facilities utilizing Ecolomondo’s TDP technology within the European Union. The inaugural facility will be established in Valencia, Spain, while the sites for the remaining three plants will be identified after due diligence, with consideration given to factors such as raw material availability, cost management, offtake arrangements, and government incentives.
Although the initial objective is to develop and deploy four tire pyrolysis plants in the near term, the company’s strategic direction, combined with the partners’ collective expertise and favourable market conditions, supports the establishment of more ambitious medium-term goals to expand and reinforce Ecolomondo’s TDP technology across the EU. This initiative is expected to substantially increase the prominence of pyrolysis as an essential method for tyre recovery, strengthen its position as a robust alternative to traditional recovery techniques, and further advance the recovered carbon black (rCB) market, establishing it as a high-value, economically viable, and environmentally beneficial product.
