- The Empower Calgary Facility is the first facility of its kind to be built in
North America and this will be the first commercial facility forNorthstar . Northstar's proprietary clean technology enables the breakdown of asphalt roofing shingles, the most popular roofing material inNorth America and one of the top 5 largest contributors to construction & demolition ("C&D") waste, into its three primary components: liquid asphalt, fiber, and aggregate.- The Empower Calgary Facility, operating at full capacity, is expected to divert approximately 40,000 tonnes of asphalt shingles per year away from
Calgary area landfills, which equates to over 60,000 barrels of oil. - Once fully operational, the Empower Calgary Facility is expected to have a carbon footprint 60% lower than the base case of landfill and asphalt replacement with virgin production.
- The Company intends to make the call to
Calgary and surrounding area householders to "Make sure your contractors are bringing all their roof shingles toNorthstar " starting in Q1/Q2 2024. Northstar was granted$7.088M from Emissions Reduction Alberta ("ERA") in its Circular Economy Challenge earlier this year. The Company was awarded 100% of its request, which demonstrates significant provincial support for our project and our clean technology.- The
Business Development Bank of Canada ("BDC") provided a$8.75M loan to the Company to support construction of the Empower Calgary Facility. - According to a
May 2022 official statement from theAsphalt Roofing Manufacturer's Association ("ARMA"), the asphalt shingle manufacturing industry has a goal to divert up to 100% of landfill disposal by 2050, which based on production estimates would require over 400Northstar facilities acrossNorth America . Landfills acrossCanada andthe United States are estimated to receive approximately 16.5 million tonnes of shingles every year, which equates to over 20 million barrels of oil. Northstar will start deploying new facilities after the Empower Calgary Facility is commissioned in 2024 and will buildToronto and the first US plant starting in 2025.
What: Site opening event for a planned asphalt roofing shingle reprocessing facility in
When: Wednesday, September 20, 2023, from
Where:
Rocky View County,
T1X0K3
Who:
- Mr.
Aidan Mills , President & CEO and Director ofNorthstar - Ms.
Rosemary Pritchard , Chief Financial Officer - Ms.
Kellie Johnston , Chief Sustainability Officer, and General Counsel - Chestermere-Strathmore MLA
Chantelle de Jonge - Mr.
Justin Reimer , CEO of ERA - Representatives from
Calgary Economic Development Corp. , theCalgary Chamber of Commerce , theToronto Stock Exchange ("TSX") and BDC
Why: This event is being organized to acknowledge the site opening of
Currently in the planning phase, the site development work for the Empower Calgary Facility was recently completed (link here).
To learn more about
- Overview of
Northstar - Facility & Process Overview
For further information about
SOURCE
© Canada Newswire, source