India, Feb. 16 -- Ecolomondo Corporation has finalised documentation with Export Development Canada (EDC) for an additional USD 2.7 million in financing aimed at advancing the final phase of operational ramp-up at its Hawkesbury tyre-derived products (TDP) facility. This follows a previously announced agreement in principle reached on 12 January 2026, concerning funding for capital investments and working capital needs at the Ontario site. Alongside this new financial support, EDC has also granted a temporary reprieve on principal and interest payments for existing loans throughout the company's 2026 ramp-up period.

The announcement coincides with recent operational milestones at the Hawkesbury plant, which achieved record production lev...