Empower Environmental Solutions, Ltd
(“EMP” or the “Company”) is a company which has developed a proprietary process technology for the recycling of asphalt shingles and the extraction and recovery of asphalt cement, fiberglass/felt and mineral aggregates to be sold and used in the asphalt pavement, shingle manufacturing, construction products and other industrial applications.
Empower plans to operate multiple recycling and oil extraction facilities in strategic locations throughout Canada and the USA. The Company will partner with asphalt paving companies, shingle manufacturers, roofing contractors and waste management companies to allow them to reduce costly disposal fees while extending the useful life of landfills and reducing other environmental issues associated with disposing of petroleum based shingles. Markets include the asphalt industry, pavement industry, landscape block manufacturers, fiberglass insulation companies and the concrete additives industry.
Empower has a unique, low-risk environment to create a new market to address a significantly large market opportunity. Market opportunities include:
Increased focus on improving environment impact, companies seeking “green” products and practices
Elevated petroleum crude oil prices have caused a significant shift in the long-term cost structure of asphalt shingle manufacturers.
Tightening landfill permitting regulations are leading to increased “tipping fees” and greater restrictions on dumping as landfill operators look to increase lifespan of existing facilities