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Northstar Commences Commissioning at Empower Calgary Facility

Story Highlights
  • Northstar begins commissioning at its Calgary facility, marking a key milestone.
  • The facility is on track to start operations mid-year, boosting Northstar’s industry position.
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Northstar Commences Commissioning at Empower Calgary Facility

Northstar Clean Technologies, Inc. ( (TSE:ROOF) ) has issued an announcement.

Northstar Clean Technologies Inc. has announced the commencement of commissioning at its Empower Calgary Facility, marking a significant milestone in its operations. The facility is set to begin operations by mid-year, ahead of schedule, which underscores Northstar’s commitment to innovation in sustainable asphalt shingle reprocessing. This development is expected to enhance the company’s position in the clean technology industry and contribute to its mission of reducing landfill waste through the recovery and reuse of asphalt shingles.

More about Northstar Clean Technologies, Inc.

Northstar Clean Technologies Inc. is a Canadian clean technology company specializing in the sustainable recovery and reprocessing of asphalt shingles. The company has developed a proprietary process to extract liquid asphalt, aggregate, and fiber from discarded shingles, which are then reused in manufacturing and construction applications. Northstar is focused on advancing the circular economy by preventing shingle waste from reaching landfills and aims to become a leader in this sector across North America.

YTD Price Performance: -17.86%

Average Trading Volume: 299,243

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$45.15M

See more data about ROOF stock on TipRanks’ Stock Analysis page.

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