ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Saint-Gobain Acquires Asphalt Shingle Recycling Technology, Advancing Its Commitment to Waste Reduction

Saint-Gobain North America, through its building products subsidiary CertainTeed Roofing, has acquired the rights to technology from recycling partner Asphaltica that will allow the company to recycle asphalt shingle waste, diverting it from landfill and furthering the company’s commitment to creating a circular economy in its production of roofing shingles.

The proprietary technology from Asphaltica will allow Saint-Gobain to pelletize both post-industrial and post-consumer shingle waste. This process creates pellets out of ground shingles that blend well in hot mix asphalt and are an ideal component in an asphalt paving mix. In addition, the pellets are highly water resistant and can be used in variable climate conditions.

The ambitious initiative comes as Saint-Gobain continues to implement its global Grow and Impact strategy, which includes reducing waste and increasing the circularity of raw materials in its production processes, allowing Saint-Gobain to achieve a net zero carbon footprint by 2050. In addition, this proven technology will help the company contribute to the Asphalt Roofing Manufacturing Association’s (ARMA) goals to reduce landfill disposal of asphalt-based roofing materials to 50% by 2035 and to approach 0% by 2050.

“By taking an innovative approach and embracing new technologies, Saint-Gobain and CertainTeed Roofing are making strides to maximize our positive impact while minimizing our environmental footprint,” said Carmen Bodden, Vice President of CertainTeed Roofing. “CertainTeed takes our sustainability commitments seriously. The Asphaltica technology is proven and will help us achieve our goal of keeping shingle manufacturing waste across our network out of landfills.”

Asphaltica principals Bill Dempsey, PE and Bill Bailey, PhD, experts in paving and bitumen with over 40 years of experience, will continue to support landfill diversion efforts with CertainTeed.

“It was important to me personally to partner with an organization that has the global vision and resources to do big things, and that is why I am so proud to partner with Saint-Gobain and CertainTeed,” said Bill Bailey, CEO of Asphaltica. “Their commitment to sustainability is unmatched and I look forward to working with their roofing team as they continue their work to be leaders in light and sustainable construction.”

“Replacing virgin asphalt in asphalt paving with properly treated recycled asphalt products is both economical and sustainable,” said Bill Dempsey, President of Asphaltica. “By using the pelletizing process of asphalt shingles at the end of life, our companies will provide recycled, environmentally friendly, paving grade materials for paving projects large and small.”

The launch of this partnership follows several other recent actions taken by the company to solidify its commitment towards sustainability, including the announcement of a circular economy program in California, where Saint-Gobain Sekurit’s automotive glass facility in Garden Gove is recycling waste automotive windshield glass and sending it to CertainTeed Insulation’s facility in Chowchilla to be used in the production of fiberglass insulation.

With over 140 manufacturing locations in the United States, every current and future member of the company’s team plays a vital role in achieving its sustainability goals. A current list of job openings at all Saint-Gobain locations can be found on the company’s careers website.

About CertainTeed 

Through the responsible development of innovative and sustainable building products, CertainTeed, headquartered in Malvern, Pennsylvania, has helped shape the building products industry for more than 115 years. Founded in 1904 as General Roofing Manufacturing Company, the firm’s slogan “Quality Made Certain, Satisfaction Guaranteed,” inspired the name CertainTeed. Today, CertainTeed is a leading North American brand of exterior and interior building products, including roofing, siding, solar, fence, railing, trim, insulation, drywall and ceilings. www.certainteed.com.

About Saint-Gobain 

Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group’s commitment is guided by its purpose, “MAKING THE WORLD A BETTER HOME.”

€44.2 billion in sales in 2021 

167,000 employees, located in 76 countries 

Committed to achieving Carbon Neutrality by 2050

For more details on Saint-Gobain, visit http://www.saint-gobain.com and follow us on Twitter @saintgobain

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  247.56
+0.18 (0.07%)
AAPL  259.86
+0.49 (0.19%)
AMD  207.94
+4.77 (2.35%)
BAC  55.14
-0.71 (-1.27%)
GOOG  329.90
+0.76 (0.23%)
META  647.19
-5.87 (-0.90%)
MSFT  479.00
-0.28 (-0.06%)
NVDA  184.37
-0.49 (-0.27%)
ORCL  198.26
-0.26 (-0.13%)
TSLA  449.63
+4.62 (1.04%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.