Vancouver venture capitalist Yazan al Homsi’s early-stage investment in Aduro Clean Technologies Inc. (NASDAQ: ADUR, CSE: ACT, FSE: 9D5) is showing the value of finding breakthrough environmental technologies before they become well-known. The chemical recycling company announced a major multi-year partnership with Mexico’s ECOCE on December 3, 2025, as its stock trades near 52-week highs.
On December 5, 2025, Aduro’s shares closed at $13.88, close to the 52-week high of $17.66 reached in October 2025. This is a big gain for investors like al Homsi who bought shares when the company’s market capitalisation showed doubt about whether chemical recycling could be commercially viable. The market capitalisation of about $436.6 million right now backs up the idea that proprietary technology that fixes known problems in the market can make a lot of money.
The Mexico partnership will test Aduro’s Hydrochemolytic™ Technology (HCT) for processing post-consumer flexible and mixed plastic packaging. This will open up new markets for the company in Latin America. Al Homsi recognised years ago that Aduro had technical advantages that could disrupt the $300 billion global chemical recycling market.
Investment Thesis Focused on Technical Distinction
Al Homsi runs Founders Round Capital in Vancouver and Catalyst Communications DMCC in Dubai. He formed his investment strategy on the strict financial research he learnt while working for PricewaterhouseCoopers in the Middle East and North Africa for more than ten years. After graduating from McGill University with a degree in finance in 2004, he worked his way up from senior consultant to director at PwC, where he did financial due diligence and valuation work for companies in many different fields.
His analytical framework, which he developed by looking at hundreds of transactions and earning the Chartered Financial Analyst designation, focusses on finding companies with strong intellectual property protection, management teams that can carry out systematic commercialisation strategies, and technologies that fix systemic market inefficiencies where regulatory tailwinds create lasting demand.
Aduro met these requirements by getting 10 patents over the course of 14 years, which made it very hard for new companies to get in. The technology’s capacity to achieve 95% yield efficiency with only 2% char waste—compared to 30% char in previous pyrolysis methods—while processing contaminated, mixed plastic waste streams solved the underlying barrier inhibiting higher worldwide recycling rates.” Al Homsi said that the current technologies have a big problem with contaminants.” “On the other hand, Aduro’s technology solves these problems by getting a 95% yield, with only 2% of the processed material turning into char, compared to 30% char in traditional methods.”
This technical edge gives them a competitive edge that is becoming more and more important as Extended Producer Responsibility laws spread around the world. European countries like the Netherlands require recycling rates of 30% and impose fines for not following the rules. This creates an immediate need for systems that can handle contaminated, flexible packaging waste.
Technical Validation Sparks Institutional Interest
Aduro’s announcement on November 20, 2025, that pilot-scale steam-cracking trials had been successful was a key technical validation that addressed the main concern that was holding back institutional investment in chemical recycling technologies: whether processes that have been proven in the lab can meet the strict requirements of industrial petrochemical operations.
Independent tests showed that Hydrochemolytic™ Oil made from mixed plastic waste can be processed in industrial steam crackers with little or no expensive post-treatment. The oil also keeps the furnace running smoothly and produces yields that are similar to those of traditional fossil feedstocks. This “plug and play” feature does rid of the hydro-treatment expenditures, which can be hundreds of dollars per tonne, making other chemical recycling systems not worth the money.
In a YouTube video from November 20, 2025, financial instructor Mariusz Skonieczny talked about how important the breakthrough was: “Steam crackers need ultra-pure, ultra-light feedstock specs, and Aduro just showed that it can do that.” The market has always given Aduro a big discount because people aren’t sure if HCT oil would function in real assets. Will operators take it without treating it? Is it able to meet the requirements? Yes, today’s PR solves all of these questions.
Naphtha that is not recycled costs about $700 to $800 per tonne, but bio-naphtha made from recycled plastics costs $1,500 to $2,000 more per tonne as circular feedstock. This makes the project economics quite good, and they get better as more laws require recycled material.
Partnerships with Fortune 500 companies prove that a business is real.
Shell’s GameChanger program and ongoing work with TotalEnergies (EPA: TTE) show that businesses are interested in more than just technical excellence. Shell’s GameChanger program has helped portfolio firms raise more than $317 million. This has given them proof that their business model is viable and that there is a market opportunity.
Al Homsi has called Shell’s involvement “massive validation,” saying that the fact that one of the world’s major energy firms is involved shows that chemical recycling is an important part of the energy transition.
The Customer Engagement Program of the corporation involves six Fortune 500 organisations, which gives it many possible opportunities to make money and use its products in business. This corporate certification lowers the risk of technology for institutional investors.
Aduro’s NASDAQ uplisting in November 2024 brought in $4.52 million while keeping $8.4 million in cash. This gave more institutional investors access to the company and made it easier for current shareholders to sell their shares.
Cross-Sector Portfolio Shows Thematic Consistency
Al Homsi’s investment portfolio includes Rocket Doctor AI (CSE: AIDR, OTC: AIRDF) in addition to Aduro. This shows that he is consistent in his investments in technologies that use artificial intelligence to make operations more efficient while also fixing known problems in the market. Rocket Doctor AI has made 88% gross margins in both the US and Canada. Aetna in New York has access to the platform’s commercial model through its network of payers.
This cross-sector approach helps diversify the portfolio while keeping the focus on the basic principles of value creation: proprietary technology with intellectual property protection, capital-efficient business models that allow for growth without raising costs by the same amount, and management teams that show they can get things done by consistently meeting milestones.
The investment concept focusses on solutions that “redefine economic viability” while also solving social or environmental problems. This creates dual value propositions where financial returns and positive effect go hand in hand, so there is no need to choose between making money and being environmentally friendly.
For Vancouver venture capitalist Yazan al Homsi, whose analytical framework emphasises identifying asymmetric risk-reward opportunities before mainstream recognition, Aduro’s Mexico partnership and approaching 52-week high stock price validate the investment thesis that chemical recycling represents a transformative opportunity in the estimated $300+ billion global market.
