Northstar Clean Technologies Inc., a Canadian clean technology company focused on the reprocessing of asphalt shingles, and asphalt shingle manufacturer IKO have signed a binding five-year manufacturing waste asphalt shingle supply agreement for Northstar's planned asphalt shingle reprocessing facility in Calgary, Alberta, Canada.
In a Jan. 8 news release, Northstar said IKO will supply all their manufacturing waste asphalt shingles produced at their Calgary facility to Northstar, diverting shingles that would otherwise be destined for landfills. The shingles will be reprocessed at Northstar's Empower Calgary Facility for an initial term of five years.
"Sourcing the initial feedstock for the Empower Calgary Facility has been a key priority for us since securing funding for the construction of the facility,” Aidan Mills, president, CEO, and director of Northstar, said.
"IKO is an important long-term strategic element of our waste shingle supply in Calgary, and we are continuing to build on that base with our ongoing discussions with industrial partners, landfill operators, municipalities, roofing companies and homeowners to achieve the target of diverting all of Calgary's waste shingles from landfills to our Empower Calgary Facility," Mills added.
IKO is a leader in the roofing, waterproofing and insulation industry for residential and commercial markets. A vertically integrated and family-owned company, IKO operates more than 35 manufacturing plants throughout North America and Europe.
"IKO has a long history in recycling materials for use in its manufacturing processes dating back to the early days after the founding of our company," said David Koschitzky, CEO of IKO. "We recognize, as the industry does, that capturing waste and keeping it out of landfills is an important issue for the future. We're pleased to be moving forward with this important partnership."
For further information, visit northstarcleantech.com.