Northstar takes on 80 t Mg liquid asphalt order for international manufacturer
by CM Staff
The customer had previously conducted a detailed analysis of Northstar's liquid asphalt and intends to incorporate the product into its own proprietary product.
VANCOUVER — Northstar Clean Technologies Inc. has signed a purchase order agreement with an international manufacturer of asphalt roofing systems.
The customer has agreed to purchase 80 tonnes of liquid asphalt produced from reprocessed single-use asphalt shingles at the company’s reprocessing facility in Delta, B.C. The customer agreed to make this purchase at an undisclosed rate based on current market pricing for liquid asphalt. The parties have agreed a specification for the product.
The customer had previously conducted a detailed analysis of Northstar’s liquid asphalt and intends to incorporate the product into its own proprietary product, on which it plans to conduct additional detailed product testing. If successful, the parties expect this testing to lead to a long-term offtake agreement for the Empower Pilot Facility in Delta B.C. as well as other North American locations.
“The purchase order is a major milestone for Northstar. As I have previously mentioned, there are three industrial sectors that we are targeting: paving, shingle manufacturing, and flat roofing systems,” said Mr. Aidan Mills, president & CEO, and director of Northstar, in a statement.
“We are therefore delighted that having completed the first stage of analysis on Northstar’s liquid asphalt, this customer, a major international roofing systems manufacturer, is moving to the next stage of product manufacturing and advanced testing.”
