Intended to be the primary recycle center for asphalt shingles, this company is positioning to be a minor player in oil production from waste products. This is definitely a good idea and quite feasible and may prove profitable if material can be monopolized on a national basis. Today, disposal is a major cost to the pricing of a new roof. The logistics is being worked to obtain a steady flow of both asphalt road debris and waste asphalt shingles. Rock, gravel and other more exotic material extraction is also in a product development of the process. Maintaining no or low cost of the material delivery to the refinery sites will be the key to the overall profitability which is based on the small percentage return of a very large volume of annual waste product. Similar models of waste material of petroleum products such as tires have mixed results but most are now well run and profitable to varying degrees. Municipalities and waste collection site owners profit from landfills which these products contribute greatly to their bottom line. Some have moved to profitable recycling themselves. A steady flow of costly disposal is their source of revenue. Green movements want another option. This company will be able to satisfy both revenue stream opportunities, recycling and energy production far from population centers while reducing landfill volume. I don't see another mega rocket stock but instead a good sustainable ground floor investment opportunity in a environmentally conscientious stock of consistently increasing valuation.
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