CALGARY AB, July 10, 2025 /PRNewswire/ - Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) ("Northstar" or the "Company") is extremely pleased to announce that its inaugural asphalt shingle reprocessing facility in Calgary, Alberta (the "Empower Calgary Facility" or the "Facility") has produced its first liquid asphalt. All the major processing units at the Facility have now been commissioned, demonstrating an important derisking of the Company's technology and intellectual property. Details of ...

Core Insights - Sky Quarry Inc. reported financial and operational results for Q1 2025, highlighting ongoing challenges and strategic initiatives in the waste asphalt shingle recycling industry [1][8]. Financial Performance - Total revenues for Q1 2025 were approximately $6.3 million, a decrease from $11.0 million in Q1 2024, primarily due to supply chain disruptions and lower commodity prices [8][11]. - Gross profit for the quarter was negative $726,000, compared to a gross profit of $569,000 in the prior-year period [9]. - The company reported a net loss of $3.3 million for Q1 2025, compared to a net loss of $2.5 million in the same period last year [11][19]. Operational Highlights - The company experienced a 50% increase in revenue from Q4 2024 to Q1 2025, driven by operational improvements at the Foreland Refinery [5][10]. - Engagement with TAR360 aims to optimize operations at Foreland, with a goal to increase throughput from 20,000 barrels per month to as much as 100,000 barrels [6]. - The company signed non-binding Letters of Intent with Southwind RAS and R & R Solutions to explore partnerships that could expand its geographic footprint and access over 1.5 million tons of asphalt shingle supply annually [4][10]. Strategic Initiatives - The company is focused on executing its waste-to-energy strategy, converting recycled asphalt shingles into sustainable fuels and valuable materials [3][4]. - Asset upgrades at PR Spring are nearing completion, which will enable commercial-scale output and activate a fully integrated production model [3]. - The company is positioned to meet growing fuel demand in the Western U.S., particularly as California's refining capacity is expected to decline by 21% due to facility closures [7].

Core Insights - Sky Quarry Inc. is positioning itself to meet rising regional demand by engaging Kevin Arrington of TAR360 as a strategic consultant to enhance growth and optimize internal processes [1][4] - The consulting engagement will focus on scaling production at the Foreland Refinery, aiming to increase output by up to 125% initially and ultimately by up to 300% [2][3] - The company is enhancing refining efficiency by improving distillation and refracturing processes, which will help convert recycled liquid asphalt into sustainable fuels and high-value materials [3][5] Company Strategy - The engagement with TAR360 aims to create a practical operating framework that aligns daily activities with broader business goals, ensuring measurable performance and resource allocation [4] - Kevin Arrington's expertise will help evaluate and upgrade internal reporting systems, providing better access to decision-ready information for strategic oversight [4][5] Industry Context - Sky Quarry's initiatives are particularly relevant as California faces fuel supply constraints due to refinery closures and tightening environmental regulations, positioning the company as a next-generation energy provider [3][6] - The company's waste-to-energy mission focuses on recycling millions of tons of asphalt shingle waste, contributing to improved waste management and resource efficiency [6]