Monday, August 24, 2015 9:30:29 AM
Extraction of Liquid Asphalt from Shingles using SR-139
We have developed and patented the mechanical process of extracting the liquid asphalt from the shingles. We named this patented pending process and have launched "ELAS". The acronym for "(E)xtraction of (L)iquid (A)sphalt from (S)hingles".
"ELAS" is a patent pending process that utilizes the technology SR-139. We have been working with the environmental agencies to secure the permits needed.
The opportunities are great in that over 11 million tons of asphalt shingles are disposed of each year into the landfills. To put that into perspective, if every ton of shingles could be recycled, on a very conservative basis, it could mean over $500 million each year in bottom line profits, from the estimated 2 million tons of hydrocarbons just wasting away.
Many have tried to enter into the shingle recycling arena only to find out it was much easier to collect the shingles than to recycle and get rid of them once collected. Most if not all, recycling is to just shred the shingles for use in asphalt roads. With our ELAS process we are able to seperate all the componants that make up the shingles back to the raw materials (as shown in the image) this will allow us to sell these materials for multiple uses used in various industries not just asphalt.
Recent FHLD News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/20/2024 08:13:26 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 02/14/2024 10:29:03 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 01/24/2024 04:30:48 PM
- FREEDOM HOLDINGS (FHLD) SHAREHOLDER UPDATE; Freedom, Holdings Inc symbol: FHLD 15C-211 nears final approval from FINRA • InvestorsHub NewsWire • 12/08/2023 11:10:09 AM
FEATURED POET Announces Design Win and Collaboration with Foxconn Interconnect Technology for High-speed AI Systems • May 14, 2024 10:09 AM
FEATURED Element79 Gold Corp Reports Exceptionally High-Grade Results from Lucero • May 14, 2024 7:00 AM
VAYK Added New Manager for Expansion into $64 Billion Domestic Short-term Rental Market • VAYK • May 14, 2024 9:00 AM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM