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RenX’s Zimmer Equipment Inc. Wins New Florida Hauling Contract
Globenewswire· 2026-02-10 14:00
Miami, FL, Feb. 10, 2026 (GLOBE NEWSWIRE) -- RenX Enterprises Corp. (NASDAQ: RENX) (“RenX” or the “Company”) (NASDAQ: RENX) (“RenX” or the “Company”), a technology-driven environmental processing and sustainable materials company focused on producing value-added compost, engineered soils, and specialty growing media for agricultural, commercial, and consumer end markets, today announced that its wholly owned subsidiary, Zimmer Equipment, Inc. (“Zimmer”), has secured a new hauling services contract with a Fl ...
RenX Enterprises Expands Contracted Inbound Volumes, Advancing Biomass Processing Platform
Globenewswire· 2026-01-30 14:00
Miami, FL, Jan. 30, 2026 (GLOBE NEWSWIRE) -- RenX Enterprises Corp. (NASDAQ: RENX) (“RenX” or the “Company”) (NASDAQ: RENX) (“RenX” or the “Company”) a sustainable infrastructure and environmental services platform, today announced that its operating subsidiary, Resource Group US LLC (“RGUS”), has entered into a new disposal services agreement with a regional commercial landscaping operator serving the Sarasota, Florida market. Under the agreement, RGUS will receive and process inbound organic material at i ...
Abundia Global Impact Group Publishes Updated Investor Presentation
Globenewswire· 2026-01-21 13:45
Highlights vertically integrated waste-to-value platform and 2026 operational milestones HOUSTON, TX, Jan. 21, 2026 (GLOBE NEWSWIRE) -- Abundia Global Impact Group, Inc. (NYSE American: AGIG) (“Abundia” or the “Company”), a low-carbon energy solutions company focused on converting biomass and plastics waste into high-value low-carbon fuels, announces it has published an updated investor presentation, which provides a deep dive into Abundia’s core competencies. The Company is focused on delivering a differen ...
Northstar Clean Technologies (OTCPK:ROOO.F) 2025 Conference Transcript
2025-12-09 16:32
Northstar Clean Technologies Conference Summary Company Overview - **Company Name**: Northstar Clean Technologies - **Ticker Symbols**: ROOOF (OTCPK), ROOF (TSXV) - **Industry Focus**: Waste management and recycling, specifically asphalt shingle recycling Key Points and Arguments Market Opportunity - **Landfill Waste**: Approximately 16.5 million tons of asphalt shingles are sent to landfills annually, equating to over 20 million barrels of oil per year [7] - **Industry Goals**: The Asphalt Roofing Manufacturers Association (ARMA) aims to reduce landfill shingles by 50% by 2035 and achieve 100% diversion by 2050 [8] - **Facility Capacity**: The Northstar facility can divert 40,000 tons of shingles per year, with potential to double to 80,000 tons if operated continuously [8] Revenue Model - **Revenue Streams**: Revenue is generated from two main sources: - **Tipping Fees**: Approximately CAD 113 per ton for shingles diverted from landfills, contributing about 35% of total revenue [9][12] - **Product Sales**: Revenue from extracted materials, particularly asphalt, which can sell for CAD 500 to CAD 1,000 per ton, making up about 65% of total revenue [11][12] Operational Insights - **Facility Construction**: The first commercial facility in Calgary is currently being ramped up for operations, with expectations for cash flow generation [5] - **Feedstock Supply Agreements**: Secured agreements with Calgary municipality for the collection and segregation of shingles, ensuring a steady supply of feedstock [15] - **Partnerships**: 20% ownership by TAMKO, a U.S. shingle manufacturer, which provides guaranteed offtake agreements for asphalt produced [13][17] Financial Projections - **Facility Economics**: A 40,000-ton facility costs about CAD 25 million to build, generating approximately CAD 10 million in revenue and CAD 5 million in EBITDA annually [19] - **Growth Strategy**: Plans to build 10 facilities to reach a market cap of CAD 1 billion, with a focus on regions with high tipping fees [22][23] Expansion Plans - **Future Facilities**: Identified locations for future facilities include Hamilton, Ontario, and a site near TAMKO's facility in Maryland, with plans for additional U.S. facilities [20][21] - **Market Size**: To address the U.S. market, Northstar estimates needing between 200 to 400 facilities to service 50% of the addressable market [34] Additional Important Information - **Government Support**: Received CAD 7.1 million in non-dilutive funding from Emissions Reduction Alberta [18] - **Operational Timeline**: The permitting process for new facilities typically takes about one year, followed by six months of construction and two to three months of commissioning [31] - **Technical Risks**: The company has de-risked its operations significantly, producing high-quality asphalt oil and learning from the commissioning of the Calgary facility [32] This summary encapsulates the key insights and strategic direction of Northstar Clean Technologies as discussed in the conference.