Northstar Clean Technologies utilizes proprietary design process technology to recover and reprocess single-use asphalt shingles, converting waste into valuable materials while achieving 60% CO2e savings. The company addresses the environmental impact of asphalt shingle disposal in a market with limited alternatives, positioning itself for significant growth in the US and Canadian circular economy.
Funding
$10.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The disposal of single-use asphalt shingles poses a significant environmental challenge due to limited reprocessing alternatives and the associated carbon emissions. Traditional disposal methods contribute to landfill waste and fail to capture the valuable materials contained within the shingles. This represents a missed opportunity to participate in the circular economy and reduce the carbon footprint of the construction industry.
Solution
Northstar Clean Technologies offers a sustainable solution for the recovery and reprocessing of single-use asphalt shingles. Utilizing a proprietary design process technology, Northstar breaks down asphalt shingles into their constituent components, transforming waste into valuable materials. This environmentally friendly approach achieves a 60% reduction in CO2e emissions compared to traditional disposal methods. By providing a viable alternative to landfill disposal, Northstar contributes to a circular economy within the construction industry.
Target Audience
The primary customers are construction companies, roofing contractors, and waste management companies seeking sustainable and cost-effective solutions for asphalt shingle disposal.
Features
- Proprietary design process technology for breaking down asphalt shingles
- Reprocessing of shingles into valuable materials for reuse
- 60% CO2e emissions reduction compared to traditional disposal
- Modular roll-out business model for scalable facility deployment
- Five-stream revenue model including tipping fees, output materials, and carbon credits
- Secured 100% off-take of asphalt production for 5 years from Calgary facility