Northstar Clean Technologies Inc. Secures Landmark Five‑Year Contract and Launches North America’s First Asphalt Shingle Recycling Facility

Northstar Clean Technologies Inc. (TSX Venture Exchange: ROOF) has made a decisive move that could reshape the Canadian waste‑management landscape. On 13 November 2025, the company announced the inauguration of its first commercial asphalt shingle reprocessing plant—Empower Calgary—and confirmed a five‑year supply agreement with the City of Calgary. This dual development positions Northstar at the forefront of a sector long plagued by cost and technical hurdles.

1. The Facility: A Technological Breakthrough

Empower Calgary, located in Rocky View County outside Calgary, is the first dedicated asphalt‑shingle recycling plant in North America. The facility processes discarded single‑use shingles, separating them into four primary components:

  1. Asphalt
  2. Fiber/Fiberglass
  3. Limestone
  4. Residuals for further recycling

According to CEO Aidan Mills, the plant is capable of diverting 80,000 tonnes of shingles annually from landfills, thereby reducing environmental impact and creating a circular supply chain for construction materials. The plant’s output will supply local industries with high‑quality, near‑zero‑waste products, underscoring Northstar’s commitment to sustainable resource management.

2. The Calgary Contract: A Five‑Year Commitment

The five‑year contract with the City of Calgary represents a strategic partnership that guarantees a steady stream of raw material for Northstar’s operations. Key provisions include:

  • Supply Volume: The city will deliver shingles from three waste‑management facilities across Calgary, starting in April 2026, aligning with the city’s relaunch of its shingles‑recycling program.
  • Quality Assurance: Northstar will conduct inspection, screening, and contaminant removal before processing, ensuring consistent input quality.
  • Economic Impact: By diverting shingles from landfill, Calgary will reduce disposal costs and enhance its waste‑management reputation.

This agreement not only secures Northstar’s supply chain but also provides the city with a tangible mechanism to meet municipal sustainability targets.

3. Financial Implications

Northstar’s market capitalisation stands at $48.33 million CAD, with a closing price of $0.315 CAD on 12 November 2025. The company’s 52‑week high of $0.45 CAD and low of $0.275 CAD reflect heightened investor interest following the Calgary announcement. The new facility and contract are expected to:

  • Increase Revenue Streams: The plant’s operational output and the guaranteed shingle supply will generate new income channels.
  • Improve Cash Flow: The contract’s long‑term nature provides financial predictability, aiding capital‑allocation decisions.
  • Enhance Valuation: By addressing a critical waste‑management gap, Northstar positions itself as a niche leader, potentially driving future equity appreciation.

4. Market Position and Competitive Edge

Northstar’s focus on recovering useful components from single‑use asphalt shingles sets it apart in an industry dominated by generic waste recycling. The company’s technological capability to decompose shingles into reusable raw materials—particularly limestone and fiber—creates a differentiated product suite that can be sold to construction and manufacturing sectors. This vertical integration:

  • Reduces Competition: Few firms possess the end‑to‑end capability to process shingles at commercial scale.
  • Creates Barriers to Entry: Technical expertise, regulatory approvals, and capital intensity deter new entrants.
  • Aligns with ESG Trends: Investors increasingly favour companies that advance circular economy initiatives.

5. Outlook

The launch of Empower Calgary and the Calgary contract are more than operational milestones; they signal Northstar’s emergence as a key player in the North American waste‑management ecosystem. With a proven model, a secured supply chain, and a clear path to revenue growth, Northstar Clean Technologies Inc. is poised to capitalize on the growing demand for sustainable construction materials.

Investors should monitor the plant’s operational performance and the fulfillment of the contractual obligations, as these factors will directly influence Northstar’s financial trajectory and market valuation in the coming quarters.