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Sky Quarry Predicts Fuel Shortage in Nevada as California Refinery Shutdowns Spark Supply Concerns
Globenewswire· 2025-03-12 11:00
Company Prepares to Ramp Up Production to Help Keep Nevada FueledWOODS CROSS, Utah, March 12, 2025 (GLOBE NEWSWIRE) -- Sky Quarry Inc. (NASDAQ: SKYQ) ("Sky Quarry" or "the Company"), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, is forecasting a potential fuel shortage in Nevada. Sky Quarry reached this conclusion after conducting research prompted by the surge of inquiries to secure long term fuel supply from Nevada market participants. Sk ...
Sky Quarry Appoints Energy Industry Veteran Todd Palin to Board of Directors
GlobeNewswire News Room· 2025-03-04 13:31
Brings Energy Production and Operational Expertise to Advance Waste-to-Energy Mission and Strategic Growth WOODS CROSS, Utah, March 04, 2025 (GLOBE NEWSWIRE) -- Sky Quarry Inc. (NASDAQ: SKYQ) ("Sky Quarry" or "the Company"), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, today announced the appointment of Todd Palin to the Company’s Board of Directors. Mr. Todd Palin brings nearly two decades of hands-on experience in energy production and ...
RB Residential and Sky Quarry Combine Forces with LOI to Integrate Advanced Sustainability Tech with Expert Roofing Services
Prnewswire· 2025-02-05 13:51
Core Perspective - RB Residential, Inc. has signed a Letter of Intent (LOI) with Sky Quarry, Inc. to enhance sustainable practices in the roofing industry through a strategic alliance [1][2] Group 1: Partnership Details - The LOI initiates a collaboration focused on integrating eco-friendly solutions into roofing services, emphasizing environmental stewardship and community support [2] - The partnership aims to leverage Sky Quarry's innovative recycling technology to repurpose waste asphalt shingles into valuable products, thereby reducing waste [4][6] Group 2: Company Profiles - RB Residential specializes in comprehensive roofing services, including inspections, repairs, and storm damage restoration, with a commitment to quality and sustainability [3][7] - Sky Quarry is dedicated to transforming waste asphalt shingles into eco-friendly commercial products, contributing to improved waste management and resource efficiency [8] Group 3: Leadership Insights - Leadership from both companies expresses enthusiasm for the partnership, highlighting the alignment of their missions to promote sustainability and innovation in the roofing industry [5]
Sky Quarry Unveils National Rollout Plan for Modular Extraction Facilities
Newsfilter· 2025-01-28 13:31
Core Viewpoint - Sky Quarry Inc. is launching a national rollout of modular facilities aimed at enhancing the scalability and efficiency of its proprietary technology in the waste asphalt shingle recycling industry, focusing on innovation and long-term growth [1][2]. Group 1: Company Plans and Operations - The company is finalizing plans to expand upstream capabilities through the deployment of Asphalt Shingle Recycling (ASR) units, which will process waste asphalt shingles and produce sellable byproducts like sand and granules [2][5]. - The ASR units will be strategically placed based on logistical criteria, including proximity to populated areas, high tipping fees, and accessibility to rail lines [7]. - Resource Processing Units will reduce the volume of asphalt waste material by 40%, lowering transportation costs, and are estimated to cost between $500,000 and $1.5 million per unit [3][4]. Group 2: Financial Projections and Economic Impact - Resource Extraction Units, currently in the design phase, are expected to cost around $12 million each and recover initial capital costs within 24 to 36 months through revenues from tipping fees and sales of recovered materials [4]. - The company anticipates that its modular units will create a closed-loop system that promotes sustainability, reduces waste, and minimizes reliance on virgin materials, potentially stimulating regional economic growth and job creation [5][6]. Group 3: Market Context and Regulatory Environment - Sky Quarry's initiatives align with tightening landfill disposal mandates and increasing state requirements for construction and demolition waste diversion, positioning the company as a viable solution for waste management [5]. - The company plans to offer exclusive modular partnership opportunities to qualified candidates, indicating a strategic approach to expand its market reach [5].
Sky Quarry Appoints Respected Finance Leader Leo Womack to Board of Directors
Newsfilter· 2025-01-16 13:31
Veteran Board Member for Private and Public Companies to Provide Corporate Financial Strategy and Capital Markets Experience WOODS CROSS, Utah, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Sky Quarry Inc. (NASDAQ:SKYQ) ("Sky Quarry" or "the Company"), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, today announced the appointment of respected finance leader Leo Womack to the Company's Board of Directors. Mr. Womack will also serve as a member of the Aud ...
Sky Quarry Announces Completion of 2024 CapEx Program for its Flagship Hydrocarbon Extraction Site, PR Spring
Globenewswire· 2025-01-15 13:31
Designed to Process 1 Million Tons of Shingle Waste and Produce 2,000 Barrels of Oil Daily WOODS CROSS, Utah, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Sky Quarry Inc. (NASDAQ: SKYQ) ("Sky Quarry" or "the Company"), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, today announced the successful completion of its 2024 capital expenditure program for PR Spring. This milestone advances Sky Quarry toward completing and commissioning its cornerstone facili ...
Sky Quarry Inc. Issues Letter to Shareholders
Globenewswire· 2025-01-09 18:48
WOODS CROSS, Utah, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Sky Quarry Inc. (NASDAQ: SKYQ) ("Sky Quarry" or "the Company"), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry issued a letter today as part of its ongoing commitment to executing its comprehensive business plan and driving long-term shareholder value. In the letter, Sky Quarry encourages shareholders to consider transferring their shares from margin accounts to cash accounts, a move design ...
Sky Quarry Receives Permission to Operate Fractionation Facility at Eagle Springs Refinery Site, Advancing Waste-to-Energy Vision
Newsfilter· 2025-01-08 13:00
WOODS CROSS, Utah, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Sky Quarry Inc. (NASDAQ:SKYQ) ("Sky Quarry" or "the Company"), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, today announced that it has received permission to operate and maintain a Fractionation Facility at the Eagle Springs Refinery in Nevada. This milestone is a key component of the Company's strategic plan to expand the capabilities of its Foreland Refinery. The operational permit fr ...
Sky Quarry Inc. Issues Annual Shareholder Letter and Corporate Update
Globenewswire· 2024-12-19 13:00
Unveils Strategic Plans to Capitalize on Emerging Opportunities in California's Evolving Oil MarketWOODS CROSS, Utah, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Sky Quarry Inc. (NASDAQ: SKYQ) ("Sky Quarry" or “Company"), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, released a letter to shareholders from Sky Quarry management. The letter provides insights into the Company’s performance, key achievements of 2024, and its strategic focus as it navigat ...
Sky Quarry Announces Publication of Zacks Small-Cap Research Report:
GlobeNewswire News Room· 2024-12-03 10:30
WOODS CROSS, Utah, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Sky Quarry Inc. (NASDAQ: SKYQ) ("Sky Quarry" or "the Company"), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, has partnered with Zacks Small-Cap Research to release a new research report titled Developing a New Approach to Recycling Waste Asphalt Shingles. This partnership with Zacks marks a key step in expanding awareness of Sky Quarry’s business and advancing its mission to transform th ...