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 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 Unveils National Rollout Plan for Modular Extraction Facilities