Northstar Clean Technologies Validates Technology that Converts Used Shingles to “Green Asphalt”

Delta, British Columbia –Direct News– Northstar Clean Technologies Inc. cared for by GlobalStockNews

Northstar Clean Technologies Inc. cared for by GlobalStockNews

February 22, 2022 – TheNewswire – Vancouver, British Columbia – Global Stock News – Northstar Clean Technologies (TSXV: ROOF) (OTC: ROOOF) is a clean technology company focused on restoring and repurposing disposable asphalt skull production fiber and sand when removing pebble waste from landfills.

The company has a fully built facility in Delta, British Columbia, and is gaining momentum in the commercialization phase.

On February 17, 2022, Northstar announced that it had begun production in stable condition at its processing plant (Empower Pilot Facility) in Delta.

“Steady state means that the state of the system does not depend on its initial launch conditions,” the International Journal of Development Research reports, “providing top management with a clear picture of how to make their production line more efficient.”

“This announcement proves to the market that our technology works and confirms our business model,” says Northstar CEO Aidan Mills, “because we decided to increase this technology to the size of an object we can expand in the North American market.”

The ROOF business model provides for four revenue streams: 1. rollover fees (paid by waste carriers and roofing contractors), 2. asphalt sales, 3. fiber sales, and 4. inventory sales. Selling carbon credits will add a fifth stream of revenue.

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The operation confirms the use of Northstar’s patented bitumen extraction and separation technology (BEST) in the foundational design of the company’s future facilities “on a scale”.

Current production profile:

  • Liquid asphalt and aggregate exactly meet the specifications of the ROOF end product

  • Stepping up production to a steady state provides a clear roadmap to ensure commercial production of 50-75 tonnes per day

  • Provides production samples to partners and potential customers for detailed technical analysis

  • Currently, a large stock of asphalt pebbles is being processed on site

“One of the most important indicators for any transition to energy, a clean technology company based on ESG, demonstrates that its transformational technology actually works,” Mills said. “To make Northstar do this, we need to produce the final products at our plant in the specification we expected, in a repetitive way.”

“The Empower pilot plant not only produces exactly the end products we planned, but we also initiated a production plan to do it again,” Mills added.

The circular economy is a hot topic of investment in part because it turns typical regulatory headwinds into powerful tailwinds.

Northstar may appeal to government agencies with a value proposition: “Our technology can help you keep the promises you made to voters and on the world stage.”

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“An increasing number of investors are incorporating their values ​​into their long-term investment strategies through the prism of environmental, social and government concerns or investing in ESG,” US News reports.

“An estimated $ 120 billion has been poured into sustainable investment in 2021, doubling the $ 51.1 billion received by ESG funds in 2020, setting a new annual record in a row. And this upward trend will continue, ”Gobi confirmed.

Participating in the circular economy is a significant way for society to reduce its carbon footprint.

“The global context of reducing carbon emissions in industry is forcing companies to identify alternative ways to use renewable energy sources,” Mills said. “Thanks to a solution to reduce carbon emissions for asphalt shingles, we believe we can support our customers and industry partners on their path to sustainability.”

On November 9, 2021, Northstar announced the results of an independent life cycle assessment (LCA) of carbon dioxide completed by Burgess Environmental Ltd.

Key takeaways with LCA:

  • Reaffirms that Empower Facility ROOF is a “circular”, renewable industrial solution with lower carbon emissions

  • The net estimated savings in greenhouse gas (GHG) emissions are 121.94 kg of carbon dioxide equivalent per 1 ton of raw material due to the removal of shingles from landfills and the replacement of primary asphalt production under the Empower Facility.

  • Net estimated savings in carbon emissions ranging from 1,500,000 kg to 3,000,000 kg of carbon equivalent per year, depending on stationary production

“Demand for asphalt binder in North America is currently highest for interstate highways and roofing,” said Kin Communications’s October 2021 Liquid Asphalt Survey report. used to cover structures. ».

“Because these shingles are petroleum-based, they are not environmentally friendly, and their production loses energy in addition to deteriorating greenhouse gas emissions,” the study continues.

“The LCA analysis quantifies how our operations can support our customers and industry partners in the supply of round and“ green ”renewable asphalt produced with much lower carbon intensity,” Mills said.

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February 17, 2022 Empower Pilot Facility Operational Update:

It is expected that stationary production will provide the performance of asphalt tiles in the range of 10-20 tons per day to 4-5 days a week. The aim is to demonstrate the repeatability of production in terms of safety, quality and durability.

The two main output products (liquid asphalt and aggregate) are manufactured exactly as intended, meeting the specifications of the final ROOF products.

Northstar delivers samples of its “green asphalt” and aggregate to several major road construction companies, pebble manufacturers and other industry stakeholders.

ROOF has a clear roadmap for the level of commercial production, targeting 50-75 tons per day.

Northstar estimates that each future facility could divert about 40,000 tons of shingles each year.

12 million tons of asphalt shingles are sent annually to landfills in North America, which is equivalent to a day of oil production in the United States.

It will take 300 facilities in North America to redirect and repurpose all the asphalt shingles that are now going to landfills.

Since its IPO 7 months ago, ROOF has raised $ 12.3 million, started small-scale production, hired Wellington Dupont to work with governments, began modular design, demonstrated reduced carbon emissions, hired a sustainability officer and initiated stable production.

“New companies often struggle to create meaningful news as they incubate their technology,” said Global Stocks News CEO Guy Bennett. “In seven months, Northstar’s trade has reached a number of stages, including stable production, which brings them much closer to commercialization.”

In February and March 2022, Northstar will host Empower Facility visits for industry stakeholders, investors, the media and government agencies to demonstrate its workflow and technology.

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Contact: guy.bennett@globalstocksnews.com

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