Northstar completes front-end engineering design for asphalt shingle reprocessing facility
by CM Staff
Board of Directors approval has been received to commence detailed engineering (equipment manufacturer drawings and design) for any long lead items required for the project.
VANCOUVER — Northstar Clean Technologies Inc. has received a front-end engineering design (the FEED) technical report completed by independent third-party BBA Engineering Ltd. for its planned scale up facility to be constructed in Calgary, Alberta. As previously announced by the Company on November 1, 2021, the Company engaged with BBA as consulting engineering firm to provide an independent detailed engineering design study of a modular facility to be deployed across Northstar’s expansion facilities.
The following conclusions, subject to the assumptions and parameters set out therein, were reached in the FEED study:
- Direct Costs: $8.6 Million
- Equipment Costs: $7.1 Million
- Labour and Materials: $1.5 Million
- Indirect Costs: $1.2 Million
- Total Direct and Indirect Costs: $9.8 Million (excluding 20% contingency)
- Contingency (20%): $2.0 Million
- Total Capital Cost Estimate: $11.75 Million (including 20% contingency)
Mr. Aidan Mills, President & CEO of Northstar, stated, “For a sustainable, ESG-focused business to succeed it needs: Step 1) a technology that works; Step 2) the ability to scale up that technology; and, Step 3) a clear and profitable commercialization strategy. Steady state production of specification products at our Empower Pilot Facility in Delta, B.C. demonstrates Step 1 and our announcement of the successful completion of our FEED means we are on a clear pathway to Step 2. This is an important milestone in the development of Northstar and our scale up facility design. The FEED study is the first independent engineering analysis of our transformational technology, and we are delighted that our initial estimates of capital costs have been confirmed.”
Mr. Geoff Hall, Director of Business Development for BBA, stated, “BBA is pleased to have delivered the FEED to Northstar as consulting engineer for Northstar’s expansion plans to roll out modular asphalt shingle reprocessing facilities across Canada and the United States. The strong collaboration between BBA and Northstar during the FEED process validated the scope and understanding of the project. This was critical in allowing the project team to develop a capital estimate that brings certainty. We look forward to working alongside Northstar as we advance the Calgary Empower Facility in 2022 and further optimize Northstar’s planned facilities moving forward.”
