Northstar Clean Technology: Pioneering Sustainable Solutions in Asphalt Shingle Reprocessing

Leading the Recovery and Reprocessing of Asphalt Shingles in North America

June 17, 2023

Northstar Clean Technology, a Canadian-based clean technology company, is revolutionizing the construction industry with its proprietary design process for recovering and reprocessing asphalt shingles. Located at its Empower Pilot Facility in Delta, British Columbia, Northstar has developed an innovative method to extract liquid asphalt, aggregate, and fiber from discarded asphalt shingles that would otherwise end up in overcrowded landfills. These reprocessed components find applications in various industries, including new asphalt shingles, road construction, and manufacturing.

As a proponent of the circular economy, Northstar Clean Technology aims to reduce waste and the consumption of virgin materials in the asphalt shingle manufacturing process, leading to a significant reduction in overall energy consumption. With a clear mission to become the leader in the recovery and reprocessing of asphalt shingles in North America, the company is making significant strides towards achieving its goal.

The market opportunity for Northstar's sustainable solutions is substantial. In the United States alone, the market size for asphalt shingles stands at an impressive US$7 billion, with an annual construction and demolition debris volume of 600 million tons. Shockingly, approximately 12 million tons of asphalt shingles are sent to landfills in the US every year, incurring tipping fees of $89 per ton in Washington state and $55 per ton on average nationally. Moreover, tipping fees in the USA Pacific region have increased by 25.5% since January 2016, underlining the urgency for sustainable alternatives.

Northstar Clean Technology - Metro facility

To illustrate the potential impact of Northstar Clean Technology's approach, a case study of Vancouver, British Columbia provides insights. Vancouver's "Greenest City: 2020 Action Plan" aims to reduce solid waste going to landfills and incinerators by 50% between 2008 and 2020 while limiting landfill space utilization. Of the 480,000 single-family dwellings or row house units within Metro Vancouver, 67% utilize asphalt shingles, and 7% of roofs are replaced annually, resulting in 70,000 tons of waste asphalt shingles. Northstar's technology presents an ideal solution to divert these materials from landfills and transform them into valuable products, aligning with Vancouver's sustainability goals.

Northstar's innovative process, known as "Bitumen Extraction and Separation Technology" (BEST), efficiently separates the primary components of asphalt shingles into resaleable products. The company has conducted a comprehensive global prior art search, confirming the patentability of key elements of their process. Furthermore, Northstar has received a patent for its front-end technology from the US Patent and Trademark Office and filed a Patent Cooperation Treaty international application, highlighting the company's commitment to protecting its intellectual property.

Recognizing the potential of Northstar Clean Technology's groundbreaking solutions, government entities have stepped forward to support the company's endeavors. Emissions Reduction Alberta (ERA), a government organization focused on reducing greenhouse gas emissions, has approved a non-repayable government grant of up to approximately $7.1 million for Northstar's planned scale-up facility in Calgary, Alberta. This grant will enable Northstar to design, construct, and commission the Empower Calgary Facility, further solidifying its position as a leader in the recovery and reprocessing of asphalt shingles in North America.

Moreover, the Business Development Bank of Canada (BDC) has entered into a term sheet with Northstar, offering project financing of up to C$8.75 million in non-revolving senior secured debt for the development and construction of the Empower Calgary Facility. This strategic partnership with BDC underscores Northstar's commitment to minimizing shareholder dilution while accelerating the circular economy and advancing sustainable practices.

Aidan Mills, President & CEO and Director of Northstar, expressed his enthusiasm for the support received, stating, "We believe in ERA's long-term mandate to reduce GHG emissions and grow Alberta's economy by accelerating the circular economy and the development and adoption of innovative technology solutions." Mills also emphasized the significance of the term sheet with BDC, highlighting the potential for a long-term strategic partnership that would contribute to the successful diversion of asphalt shingles from Calgary landfills and foster the circular economy.

Justin Reimer, CEO of ERA, commented on the broader implications of Northstar's technology, stating, "It establishes a circular economy approach that, if successful, could be exported and deployed across North America." Northstar Clean Technology's commitment to transforming waste into valuable resources resonates with the need for sustainable practices on a global scale.

As an emerging innovator in sustainable processing, Northstar Clean Technology is poised to reshape the construction industry by leading the recovery and reprocessing of asphalt shingles in North America. By extracting the valuable components of discarded asphalt shingles and diverting them from landfills, the company is driving forward the principles of the circular economy and making significant contributions to reducing environmental impact.

About Northstar Clean Technologies Inc. Northstar Clean Technologies Inc. (TSXV: ROOF, OTCQB: ROOOF) is a Canadian-based clean technology company focused on the sustainable recovery and reprocessing of asphalt shingles. With a proprietary design process, Northstar extracts liquid asphalt, aggregate, and fiber from discarded asphalt shingles for use in various applications. The company's mission is to become the leader in the recovery and reprocessing of asphalt shingles in North America, championing sustainable practices and minimizing waste in the construction industry.

For more information, please visit Northstar Clean Technologies' website at www.northstarcleantech.com.

This news article contains excerpts from Northstar Clean Technologies' website.

Disclaimer: This article is for informational purposes only. The information provided does not constitute investment advice, and individuals are encouraged to conduct their own research and seek professional guidance before making any investment decisions.