Clean Vision Corp
Clean Vision Corp is a U.S.-based clean technology company that has shifted from its earlier digital-economy acquisition strategy toward waste-to-value and clean energy projects. Through its subsidiary Clean-Seas, it processes plastic waste using pyrolysis to produce pyrolysis oil, carbon char, and other potential outputs such as clean hydrogen and environmental credits.
Fiscal year 2024 · change from previous year
Development 2022–2024
Business
Share of revenueCollection and conversion of plastic feedstock into usable outputs through pyrolysis.
Sale of liquid output produced from processed plastic waste to industrial off-takers.
Development work tied to new facilities and commercialization of Clean-Seas projects.
Potential future monetization of credits and equipment related to waste-to-value systems.
Customers
The company currently sells pyrolysis oil to a local oil and gas wholesaler in Morocco, which acts as the off-taker for output from its Agadir plant. More broadly, its addressable customers include waste generators, industrial buyers of recycled feedstocks or fuels, and counterparties that may purchase environmental credits or processing equipment as projects scale.
Industrial fuel buyers that purchase output from the Agadir plant for downstream use.
Entities providing feedstock for processing; the company receives feedstock in Agadir at no cost.
Counterparties that may buy credits generated by recycling and emissions-reduction activities.
Potential customers for future facility builds, equipment, or technology deployment.
Strategy
Clean Vision is trying to commercialize a waste-to-value platform that turns plastic waste into saleable outputs while positioning itself in clean energy and sustainability markets. Near term, the focus appears to be proving the Agadir model, advancing the West Virginia facility, and building the commercial and financing infrastructure needed to scale.
The Morocco plant is the only disclosed revenue source and validates the core technology and economics.
A U.S. facility would expand capacity and geographic reach, but requires construction execution and funding.
Environmental credits, hydrogen, and equipment sales could diversify revenue and improve project economics.
Geography
Q1/2025Operations are centered in Agadir, Morocco, where the company processes plastic waste and sells pyrolysis oil locally. It is also developing Clean-Seas West Virginia in the United States, which broadens its footprint but adds construction, financing, and execution risk.
Risks
The company is highly exposed to project execution risk because it is still early in commercialization and depends on a small number of facilities and counterparties. It also carries meaningful financing and dilution risk, with debt, convertible notes, and repeated equity issuances supporting operations and development.
The company has issued large amounts of common stock and has convertible notes and revenue-share agreements outstanding.
Exposure: Equity and debt financing
Current disclosed revenue comes from the Agadir, Morocco subsidiary, so any disruption there would materially affect results.
Exposure: Morocco operations
The facility is still under development and requires construction, permitting, and financing milestones to reach production.
Exposure: West Virginia facility
Pyrolysis economics depend on stable feedstock supply, operating uptime, and reliable output quality and pricing.
Exposure: Waste-to-value process
Pyrolysis oil is sold to a local off-taker, so pricing and demand conditions can affect margins and cash flow.
Exposure: Oil and gas wholesaler off-take
Accounting
Judgemental itemsSmall, project-based sales can create volatility and make period-to-period comparisons difficult.
Impact: Affects reported revenue and gross margin timing
The West Virginia term loan is presented net of debt discount, which affects interest expense over time.
Impact: Changes carrying value and effective borrowing cost
Convertible debt with variable rates and accrued interest can materially affect liabilities and financing costs.
Impact: Affects leverage, interest expense, and potential dilution
Large share issuances for consulting, commitments, and settlements can create non-cash expenses and dilution.
Impact: Affects operating expenses and share count
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Last updated: 24/09/2026