19:37:09 EDT Thu 14 May 2026
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Aduro Clean Technologies Inc (2)
Symbol ACT
Shares Issued 30,631,255
Close 2026-05-14 C$ 19.35
Market Cap C$ 592,714,784
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Aduro Clean joints Utah Petroleum Association

2026-05-14 17:35 ET - News Release

Mr. Abe Dyck reports

ADURO CLEAN TECHNOLOGIES JOINS UTAH PETROLEUM ASSOCIATION

Aduro Clean Technologies Inc. has joined the Utah Petroleum Association (UPA), the statewide trade association representing companies involved in all aspects of Utah's oil and gas industry. The membership supports Aduro's efforts to expand its work in paraffinic crude upgrading, an application area directly relevant to the Uinta basin's distinctive yellow wax and black wax feedstocks.

The Uinta basin is one of North America's most recognized regions for paraffinic crude production, with output that today requires insulated transport, reheating infrastructure and selective refinery acceptance due to the feedstock's high wax content. Founded in 1958, UPA represents producers, refiners, mid-stream operators, and service providers across Utah's oil and natural gas value chain. Membership provides Aduro with the opportunity to engage directly with stakeholders, including operating companies whose insight will inform how HCT can potentially be integrated within the Uinta basin ecosystem.

"Joining the Utah Petroleum Association supports our efforts to advance our petroleum applications program from laboratory validation toward structured, pilot-scale engagement with industry," said Ofer Vicus, chief executive officer of Aduro. "UPA's membership base reflects the full Uinta basin value chain and gives Aduro the opportunity to present the potential benefits of HCT for paraffinic crude upgrading while deepening our understanding of the transport, handling and refinery compatibility considerations associated with waxy crude streams. Solidifying industry relationships now positions Aduro to evaluate, alongside operators, where HCT can deliver the greatest commercial impact."

"We're pleased to welcome Aduro Clean Technologies to UPA," said Rikki Hrenko-Browning, president of the Utah Petroleum Association. "Innovation in how we move and process Utah's waxy crudes has real implications for the competitiveness of our basin. We are excited for Aduro to explore pilot opportunities here in Utah."

Aduro's UPA membership follows several recent advancements in the company's petroleum applications program. These include a continuation-in-part patent application filed with the United States Patent and Trademark Office seeking to extend Hydrochemolytic technology intellectual property protection to the upgrading of highly paraffinic crude oils, and the appointment of Scott Smith, MASc, PEng, as program director, Petroleum Technology Solutions. Recent bench-scale testing on Uinta basin yellow wax and black wax feedstocks demonstrated that HCT processing reduced wax content of treated crude, and that the treated crude remained stable at ambient conditions -- a result that, if reproduced at scale, would directly address long-standing transport and refinery compatibility constraints associated with waxy crude production.

Paraffinic crude upgrading represents a further demonstration of HCT's applicability across distinct feedstock chemistries, alongside the company's existing programs in waste plastics upcycling, heavy bitumen upgrading and renewable oils. Through its UPA membership, Aduro intends to engage with operators in the Uinta basin and across Utah to evaluate how HCT may fit within existing production, transport and processing infrastructure, including approaches that could reduce reliance on heated logistics and expand refinery access for paraffinic crude streams.

About the Utah Petroleum Association

The Utah Petroleum Association (UPA) is a Utah-based, statewide petroleum trade association representing companies involved in all aspects of Utah's oil and gas industry. Founded in 1958, UPA exists to serve its member companies and advance the responsible development of Utah's natural resources and the manufacture of fuels that drive Utah's economy. UPA's work spans regulatory advocacy, government affairs, public outreach, member networking and industry information.

About Aduro Clean Technologies Inc.

Aduro Clean Technologies is a developer of patented water-based technologies to chemically recycle waste plastics; convert heavy crude and bitumen into lighter, more valuable oil; and transform renewable oils into higher-value fuels or renewable chemicals. The company's Hydrochemolytic technology relies on water as a critical agent in a chemistry platform that operates at relatively low temperatures and cost, a game-changing approach that converts low-value feedstocks into resources for the 21st century.

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