Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Northstar Clean Technologies Inc V.ROOF

Alternate Symbol(s):  ROOOF

Northstar Clean Technologies Inc. is a Canada-based clean technology company. The Company is focused on sustainable recovery and reprocessing of asphalt shingles. The Company, through its wholly owned subsidiary Empower, has developed a design process technology, the Bitumen Extraction and Separation Technology (BEST), at its Empower Pilot Facility for taking discarded or defective single-use... see more

TSXV:ROOF - Post Discussion

Northstar Clean Technologies Inc > Commercial launch
View:
Post by lscfa on Feb 17, 2022 9:36am

Commercial launch

Northstar Initates Steady State Production at Empower Pilot Facility, Processing Discarded Shingles into “Green Asphalt”, Fiber, and Aggregate

Operation validates Northstar’s Bitumen Extraction and Separation Technology (“BEST”) as the design foundation for the Company’s future “scale up” facilities 

Northstar to Host Site Visits in February and March 2022 for Industry Stakeholders, Investors, Media, and Government Agencies to Showcase its Operating Process and Technology 

Vancouver, BC - Northstar Clean Technologies Inc. (TSXV: ROOF,OTCQB: ROOOF)(“Northstar” or the “Company”) is pleased to announce that it has initiated steady state production at its fully constructed asphalt shingle reprocessing facility in Delta, British Columbia (the “Empower Pilot Facility”). The Empower Pilot Facility reprocesses discarded single-use asphalt shingles into liquid asphalt, fiber, and aggregate, allowing these products to enter the circular economy while diverting waste from landfills. 

The Company is now producing “green asphalt” within the exact specifications the Company has aimed to produce at the Empower Pilot Facility.

Highlights:

  • Operation validates the use of Northstar’s proprietary Bitumen Extraction & Separation Technology (“BEST”) in the foundational design of the Company’s future “scale up” facilities
  • The Company has initiated a production plan that includes:
    • Daily production of up to 6 hours per day
    • Processing up to 4-5 days per week
    • Feedstock production of 10-20 tonnes per day (“tpd”) 
  • Liquid asphalt and aggregate precisely meets the Company’s end product specification objectives   
  • Ramping up to steady state production provides a clear roadmap to deliver commercial production of 50-75 tpd
  • Providing production samples to industry partners and potential customers for detailed technical analysis
  • Currently reprocessing large on-site asphalt shingle inventory
  • Hosting site visits in February and March 2022 for industry stakeholders, investors, media, and government agencies to demonstrate the operating process and technology

Mr. Aidan Mills, President & CEO and Director of Northstar, states, “One of the critical metrics for any energy transition, ESG-based, clean technology company is demonstrating that its transformational technology actually works. For Northstar to do that, we need to produce the end products from our facility at the specification we expected, in a repeatable manner. Therefore, we are very pleased to announce that the Empower Pilot Facility is not only producing exactly the end products we planned, but we have also initiated the production plan to do that repeatably.”

Empower Pilot Facility Operational Update

The Company has initiated steady state production, which is expected to deliver throughput of asphalt shingles in the range of 10-20 tpd up to 4-5 days per week. Steady state operation will continue at these levels with the objective of demonstrating repeatable production in terms of production safety, quality, and duration (hours per day and days per week). Most importantly, the two primary output products (liquid asphalt and aggregate) are being produced exactly as designed, meeting the Company’s end product specifications. 

The production of specification products has enabled the Company to deliver samples of its “green asphalt” and aggregate to multiple major road construction companies, shingle manufacturers, and other industry stakeholders. These samples are now enabling detailed technical analysis to be carried out by a wide range of the Company’s potential customers. 

Internal testing capability has also been implemented at the Empower Pilot Facility, enabling the development of a quality assurance program for the Company’s reprocessed products. 

Since October 2021, the Company has been implementing the changes identified through the unit-by-unit commissioning of the Company’s proprietary BEST process. This commissioning process, combined with the ramp up to steady state production, has provided a clear roadmap for commercial production levels targeted at 50-75 tpd. 

Mr. Mills continues, “We are thrilled to have finally entered this critical stage of our company’s development, as we now have ‘proof of concept” and a viable technology. Critically, this technology is the foundation for our ongoing independent engineering design study for our future scale up facilities. Therefore, this announcement is a major inflection point for the Company as it proves to the market that our technology works and validates our business model, as we set out to scale up this technology to a facility size that we can expand with across the North American market.” 

Mr. Mills continues, “Our objective is to maximize the applicability of what we believe is the ‘greenest’ asphalt in North America. In delivering this, we will be in the unique position where our reprocessing of asphalt shingles could not only divert approximately 40,000 tonnes of shingles per annum per facility currently sent to landfill, but these products can be applied in numerous markets. We believe we now have a sustainable, proven solution that can help solve North America’s asphalt waste problem.”

Mr. Mills continues, “I would like to thank our shareholders for their continued support and patience. I would also like to thank all members of our operational team for helping us get to this critical juncture. Our operational team has been working around the clock to achieve this significant milestone for our Company. We greatly appreciate your efforts.”

Site Visits 

To showcase its operating process and technology, the Company is hosting site visits at the Empower Pilot Facility for industry stakeholders, investors, media, and government agencies throughout February and March 2022. All parties interested in receiving a site visit invite should contact the Company below. 

About Northstar Clean Technologies Inc.

Northstar Clean Technologies Inc. is a Vancouver-based clean technology company focused on the sustainable recovery and reprocessing of asphalt shingles. Northstar has developed a proprietary design process for taking discarded asphalt shingles, otherwise destined for already over-crowded landfills, and extracting the liquid asphalt, aggregate and fiber for usage in new hot mix asphalt, construction products and other industrial applications. Focused on the circular economy, Northstar plans to reprocess used or defective asphalt shingle waste back into its three primary components for reuse/resale at its Empower Pilot Facility in Delta, British Columbia. As an emerging innovator in sustainable processing, Northstar's mission is to be the leader in the recovery and reprocessing of asphalt shingles in North America, extracting the recovered components from asphalt shingles that would otherwise be sent to landfill.

Comment by Possibleidiot01 on Feb 17, 2022 1:43pm
I could argue with your commercial launch ( company says to generate feedstock production of between ten and 20 tonnes per day. Northstar said the end goal is a ramp-up to commercial production of between 50 and 75 tonnes per day). because it's a pilot plant to prove proof of concept - taking samples to potential customers  but the launch is important just like this cantechletter.com ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities