Long term investor Mariusz Skonieczny recently made a video highlighting 3 under-appreciated stocks that are poised to make major gains over the next year. Aduro Clean Technologies Inc. (NASDAQ: ADUR) (CSE: ACT) (FSE: 9D5) is among the companies reviewed. Skonieczny has held shares in Aduro since 2022 and currently owns about 1% of the company.
Aduro has developed the patented Hydrochemolytic™ technology, a water-based system that is capable of recycling a wide variety of plastic types very efficiently, with minimal sorting and cleaning required. In a world that produces upwards of 450 million tonnes of plastic each year, there is a large market opportunity for Aduro’s solution. Less than 10% of plastic is actually recycled, due in large part to current technologies that are inefficient, costly, and cannot handle more than one or two types of plastic.
Aduro is nearing commercialization of its product, currently in the early stages of building its final pre-commercial pilot plant while perfecting its technology in collaboration with a number of multinational giants of industry, including Shell and TotalEnergies.
Take a look at what Skonieczny has to say about investing in undervalued companies in general, and Aduro in particular, here.