Newly-listed Northstar Clean Technologies (ROOF: TSXV) is ready to solve one of North America’s biggest environmental problems —the tens of billions of pounds of dirty asphalt shingles lying in huge mountains all over the continent.
And I think they are going to make a mountain of cash doing it. They make money taking in raw products, and from the finished products they ship out.
Northstar’s Empower facility in Vancouver B.C. is anticipated to be fully operational this year. The Market is desperate for this kind of product—in fact, a large multi-national construction company has said they want every drop–100%–of the asphalt oil offtake.
And that’s just for the first plant. The second plant is being scoped now, and expansion opportunities are EVERYWHERE. The market opportunity in North America is $2 billion-plus annually and there isn’t a viable competitor to be seen.
Northstar is the only publicly-traded company that has anything to do with cleaning up North America’s giant asphalt shingle environmental mess.