Sky Quarry and Atlas Roofing: A Partnership for Recycling Innovation
Sky Quarry Partners with Atlas Roofing for Recycling Strategy
Sky Quarry Inc. (NASDAQ: SKYQ), a pioneering company dedicated to environmental remediation and oil recovery, is excited to announce a new partnership with Atlas Roofing Corporation. This strategic collaboration aims to explore innovative methods for recycling waste asphalt shingles—a pressing challenge that affects both the environment and the construction industry.
Innovative Approach to Asphalt Shingle Recycling
The partnership will focus on employing Sky Quarry's advanced closed-loop recycling process along with its proprietary technology for shingle extraction. Together, they plan to recover valuable materials and oil from the waste shingles collected by Atlas. Through extensive lab testing, Sky Quarry's ECOSolv technology has proven its efficiency, achieving a material recovery rate of up to 95%. Additionally, it can recycle 99% of the solvent and recover hydrocarbons with a similar success rate.
Atlas Roofing: A Leader in Building Materials
Atlas Roofing Corporation has established itself as a leader in the manufacturing of residential and commercial building materials. Since its inception in 1982, it has expanded from a single facility to 33 plants across North America. With this extensive reach, Atlas partners with respected companies in the industry, enabling them to introduce groundbreaking technologies to new markets.
Transforming Environmental Challenges into Opportunities
David Sealock, Chairman and CEO of Sky Quarry, expressed his enthusiasm about the partnership, highlighting that "As a leader in the building products industry, Atlas is the perfect partner to showcase our unique application that effectively separates waste shingles into clean oil and other recyclable materials. Currently, there are no sustainable solutions for disposing of asphalt shingles, and this partnership has the potential to revolutionize that narrative by converting an environmental obstacle into an economically feasible opportunity." Sealock’s vision underscores the importance of sustainability and innovation in today’s construction material sector.
About the Partnership's Goals
The primary goal of this partnership is to demonstrate that through innovative recycling techniques, companies can significantly reduce waste and contribute positively to environmental sustainability. Sky Quarry aims to upcycle millions of tons of asphalt shingle waste that typically ends up in landfills, enhancing resource efficiency and conserving natural resources.
About Sky Quarry Inc.
Sky Quarry Inc. (NASDAQ: SKYQ) and its subsidiaries are committed to pushing the boundaries in oil production and environmental remediation. The company focuses on developing routines and processes that facilitate the recycling of asphalt shingles and the recovery of oil from saturated resources, creating a better-managed waste ecosystem. Their mission centers around waste-to-energy solutions, which ultimately aim to improve waste management practices and reduce environmental impacts.
Frequently Asked Questions
What is the purpose of the partnership between Sky Quarry and Atlas Roofing?
The partnership aims to explore innovative recycling methods for waste asphalt shingles, enhancing sustainability and resource recovery.
What technology will Sky Quarry use in this partnership?
Sky Quarry will utilize its closed-loop recycling process and proprietary shingle extraction technology to recover materials and oil from waste shingles.
How effective is Sky Quarry's recycling technology?
Sky Quarry's ECOSolv technology has demonstrated a material recovery rate of up to 95%, with solvent recycling and hydrocarbon recovery rates of 99%.
Why is recycling asphalt shingles important?
Recycling asphalt shingles reduces landfill waste, conserves natural resources, and offers sustainable alternatives for material disposal in the construction industry.
What is the overall goal of Sky Quarry's mission?
Sky Quarry aims to repurpose waste asphalt shingles, promoting resource efficiency and reducing environmental impact through innovative recycling solutions.
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