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The stating “One guy's garbage is another guy's treasure” might come true, thanks to a business called Sky Quarry. With 15 million lots of asphalt shingles disposed in North America every year, this business is among the couple of to acknowledge successful chances within the garbage dump.
Their concept? Turn those asphalt shingles into a series of important resources that can be utilized throughout numerous markets. While 15 million lots of asphalt shingles are comparable to 22 million barrels of oil, Sky Quarry is utilizing their trademarked innovation to likewise transform this waste into sustainable air travel fuel (SAF) and even brand-new asphalt roof shingles. That's a prospective transformation in both sustainability and renewable resource from several angles.
Now, Sky Quarry is welcoming personal financiers to join them ahead of their prepared Nasdaq listing. Here are 3 reasons our company believe that Sky Quarry is an engaging financial investment chance.
1. Broadening market capacity.
The worldwide need for sustainable services is rising as awareness of ecological problems boosts. Particularly, the marketplace for sustainable fuels was valued at $1 billion in 2015, and it's anticipated to reach $16.8 billion by 2030. That's more than a 1,500% increase, however it's all within factor as the marketplaces shift towards greener options, decreasing petroleum resources, and increased ecological policies.
In between sustainable building products, air travel fuels, and recycled asphalt shingles, Sky Quarry has the chance to use whose combined need might be $25B by 2035.
2. Strong traction and development.
In 2023, Sky Quarry's refinery created more than $50 million in earnings. In 2025, Sky Quarry prepares to open its flagship extraction center, which has the prospective to produce approximately 2,000 barrels of oil each day.
The business is led by CEO David Sealock, who has moe than 3 years of experience in the oil and gas market. Their EVP, Marcus Laun, likewise has 20+ years of experience encouraging business on their course to development. Together, our company believe they've produced the perfect mix of market know-how and service acumen.
3. Planned Nasdaq listing.
Something that might make Sky Quarry's financial investment chance a lot more interesting is that they're preparing a Nasdaq listing in the future. They've currently protected their stock ticker sign ‘SKYQ'.
Going public usually offers business with increased presence and reliability, possibly drawing in institutional financiers like ETFs and other funds. As the business's investor base expands, it might possibly raise the stock cost. That's why our company believe getting in early before the prepared Nasdaq listing is such an amazing chance.
Why invest now?
Purchasing Sky Quarry implies supporting a business that is assisting lead the charge in changing waste into important resources, resolving important ecological difficulties,
