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CEO.CA's Inside the Boardroom: Northstar Validates Asphalt Shingle Reprocessing Technology, Secures Path to U.S. Market Entry
Newsfileยท 2025-07-16 17:21
Core Insights - Northstar Clean Technologies has successfully commissioned its asphalt shingle reprocessing facility in Calgary, producing the highest quality asphalt from waste shingles to date [4] - The company aims for a daily production target of 80 tonnes as part of a milestone for a grant from Emissions Reduction Alberta, with plans to eventually reach full nameplate capacity [4] - Northstar is planning U.S. expansion with four facilities, supported by funding from Export Development Canada and off-take agreements with major shingle manufacturer TAMKO [4] Company Overview - Northstar Clean Technologies is publicly traded on TSXV under the ticker ROOF and OTCQB under ROOOF [4] - The company focuses on sustainable technologies, particularly in the asphalt shingle recycling sector [4] Industry Context - The asphalt shingle reprocessing technology is gaining traction as a sustainable solution in the construction and waste management industries [4] - The partnership with Export Development Canada and TAMKO highlights the growing interest and investment in environmentally friendly technologies within the industry [4]