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Northstar Secures Five Year Contract with City of Calgary for Waste Asphalt Shingle Supply
Prnewswire· 2025-11-12 16:30
Core Viewpoint - Northstar Clean Technologies Inc. has officially opened its first commercial asphalt shingle reprocessing facility in Calgary, Alberta, and secured a five-year contract with the City of Calgary for the reprocessing of asphalt shingles, marking a significant step towards waste diversion and the establishment of a circular economy solution in North America [1][4][5]. Contract and Collaboration - The contract with the City of Calgary will commence in April 2026 and involves the collection and reprocessing of asphalt shingles from the city's waste management facilities, contributing to the city's waste diversion goals [1][2]. - Northstar will collaborate with the City on the collection, inspection, and contaminant removal processes to ensure operational efficiency [2]. Supply and Capacity - This contract adds to Northstar's existing supply agreements with IKO Industries Ltd and Ecco Recycling & Energy Corporation, enhancing the feedstock supply for the Empower Calgary Facility [3]. - The facility is designed to process up to 80,000 tonnes of discarded shingles annually on a two-shift basis, recovering valuable materials for reuse [5][6]. Economic and Environmental Impact - The Empower Calgary facility is expected to create up to 30 full-time local jobs and is a significant example of Alberta's commitment to clean technology and circular economy initiatives [6][9]. - The facility aims to reduce lifecycle CO2 emissions by approximately 60% by converting landfill-bound waste into reusable materials, aligning with Canada's 2030 Emissions Reduction Plan and net-zero by 2050 targets [5][9]. Technological Innovation - Northstar utilizes its patented Bitumen Extraction & Separation Technology (BEST) to recover liquid asphalt, aggregate, fiber, and limestone from discarded shingles, showcasing a scalable solution for waste management [5][10]. - The project has received over $7.2 million in support from Emissions Reduction Alberta and Alberta Innovates, highlighting the collaboration between public and private sectors in advancing industrial decarbonization [6][8].
Gunnison Copper reveals positive results from limestone evaluation at Gunnison Project in Arizona
Proactiveinvestors NA· 2025-10-24 12:40
About this content About Sean Mason Sean Mason is a Senior Journalist at Proactive, having researched and written about Canadian and US equities for 20 years. Sean graduated from the University of Toronto with a BA in history and economics and has also passed the Canadian Securities Course. He previously worked at Investors Digest of Canada, Stockhouse, and SmallCapPower.com. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and action ...
Martin Marietta (MLM) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2025-07-31 15:07
Core Viewpoint - Martin Marietta (MLM) is expected to report a year-over-year increase in earnings and revenues for the quarter ended June 2025, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - The consensus estimate for quarterly earnings is $5.30 per share, reflecting a +0.8% change year-over-year, while revenues are anticipated to be $1.88 billion, up 6.5% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised 0.45% lower in the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model shows a positive Earnings ESP of +0.20% for Martin Marietta, suggesting a likelihood of beating the consensus EPS estimate [12]. Historical Performance - In the last reported quarter, Martin Marietta had an expected EPS of $1.94 but delivered $1.90, resulting in a surprise of -2.06%. Over the last four quarters, the company has only beaten consensus EPS estimates once [13][14]. Investment Considerations - While a potential earnings beat is a positive indicator, other factors may influence stock performance, making it essential to consider the broader context [15][17].