Exploratory Relationship Will Assess and Develop Mutually Beneficial Processes for the Recovery of Waste Asphalt Shingle Material and Oil

WOODS CROSS, Utah, Oct. 15, 2024 (GLOBE NEWSWIRE)

Sky Quarry Inc. (NASDAQ: SKYQ) (“Sky Quarry” or the “Company”), an oil production, refining, and development-stage environmental remediation company formed to deploy technologies to facilitate the recycling of waste asphalt shingles and remediation of oil-saturated sands and soils, today announced it has entered into an exploratory relationship with Atlas Roofing Corporation (“Atlas”) to assess and develop mutually beneficial processes for asphalt shingle recycling. Atlas Roofing Corporation is an innovative, customer-oriented manufacturer of residential and commercial building materials.

This partnership marks a significant step towards a more sustainable future for the construction industry. By recycling waste asphalt shingles, Sky Quarry and Atlas Roofing Corporation are not only reducing the amount of waste sent to landfills but also creating a valuable resource that can be used in new construction projects. This initiative aligns with the growing trend towards circular economy practices, where materials are reused and recycled to minimize environmental impact.

Impact on Individuals

For individuals, the partnership between Sky Quarry and Atlas Roofing Corporation may result in more environmentally friendly roofing options for homes and businesses. By using recycled asphalt shingles, consumers can reduce their carbon footprint and support sustainable practices in the construction industry. Additionally, the availability of recycled materials may lead to cost savings for consumers, making eco-friendly building materials more accessible.

Global Impact

On a global scale, the collaboration between Sky Quarry and Atlas Roofing Corporation sets a positive example for other companies in the construction and manufacturing industries. By prioritizing sustainability and innovation, these companies are demonstrating that environmental responsibility can go hand in hand with business success. As more companies adopt similar practices, the impact on the environment will be significant, leading to reduced waste generation and lower greenhouse gas emissions.

Conclusion

The partnership between Sky Quarry and Atlas Roofing Corporation represents a promising step towards a more sustainable future for the construction industry. By working together to recycle waste asphalt shingles, these companies are not only reducing environmental impact but also creating new opportunities for eco-friendly building materials. Individuals and businesses alike stand to benefit from this innovative collaboration, which showcases the potential for positive change in the industry. As more companies join the movement towards sustainability, we can expect to see even greater advancements in environmental practices and a brighter future for our planet.