Empower Pilot Facility in Delta. Photo credit: Northstarcleantech.com
DELTA – Northstar Clean Technologies Inc. has announced a 15-year lease extension for its Empower Delta Facility, supporting the firm’s long-term growth strategy to establish a portfolio of asphalt shingle reprocessing facilities across North America.
Northstar is a Canadian clean technology company focused on the sustainable recovery and reprocessing of asphalt shingles. It has developed and owns a proprietary design process for taking discarded asphalt shingles, otherwise destined for already over-crowded landfills, extracting the liquid asphalt for use in new hot mix asphalt shingle manufacturing and asphalt flat roof systems, while also extracting aggregate and fiber for use in construction products and other industrial applications.
This lease extension gives Northstar the option to retrofit the Empower Delta Facility, formerly home to its pilot facility, into a commercial-scale operation. The site currently holds all necessary regulatory approvals and permits for light industrial operations, offering a future expansion opportunity with reduced timelines and costs associated with permitting and site development.
Pilot operations successfully de-risked the technology and served as the engineering foundation for the Empower Calgary Facility.
“Our primary focus remains the successful commissioning and ramp-up of the Empower Calgary Facility, which represents our first full-scale commercial facility and is currently in its final commissioning phase,” says Northstar President and CEO Aidan Mills. “The Delta lease extension adds flexibility to our portfolio, giving us the opportunity to retrofit the current facility and leverage the existing permitting and site in the future. It also complements our ongoing development plans, where our next priorities are the site development and permitting for our planned facilities in Hamilton, Ontario and the U.S. Mid-Atlantic region.
“This lease is another step forward in our portfolio strategy, allowing us to create long-term shareholder value through strategic facility planning and development.”
Focused on the circular economy, Northstar plans to reprocess used or defective asphalt shingle waste back into its three primary components for reuse/resale with its first commercial scale up facility in Calgary, Alberta.
Northstar’s mission aims at leading the recovery and reprocessing of asphalt shingles in North America that would otherwise be sent to landfill addressing numerous stakeholder objectives.
Business Examiner Staff
