Sky Quarry Inc., an oil production, refining, and development-stage environmental remediation company, announced it has entered into an exploratory relationship with Atlas Roofing Corporation to assess and develop mutually beneficial processes for asphalt shingle recycling.

Sky Quarry was formed to deploy technologies to facilitate the recycling of waste asphalt shingles and the remediation of oil-saturated sands and soils.

Atlas Roofing Corporation, a manufacturer of residential and commercial building materials, has grown from a single shingle manufacturing plant into an industry leader with 33 facilities across North America. Atlas has partnerships with some of North America’s most respected companies, allowing Sky Quarry to provide new technologies to various markets.

Under the partnership, Sky Quarry will collaborate with Atlas to explore the use of its closed-loop recycling process and proprietary shingle extraction technology to recover both material and oil from Atlas’ waste shingles. In lab testing, Sky Quarry’s ECOSolv technology has demonstrated a material recovery rate of up to 95%, recycling of up to 99% of its solvent, and recovery of up to 99% of hydrocarbons.

“As a leader in the building products industry, Atlas is an ideal partner to demonstrate our groundbreaking application capable of separating waste shingles into clean oil and other valuable materials,” said David Sealock, chairman, CEO and co-founder of Sky Quarry. “Currently, there are no sustainably viable solutions for the disposal of waste asphalt shingles, and we believe this exploratory relationship will show how our sustainable business model can transform an environmental challenge into a profitable and sustainable prospect.

"We look forward to working with the team at Atlas to develop mutually beneficial processes for their waste shingles,” Sealock added.