The Sustainable Product
Market Is Growing Rapidly

With increasing global focus on sustainable resource management, rising energy needs, and tightening petroleum supplies, green renewable energy markets are gaining momentum. Anticipated market demand for green technologies is estimated to soar up to $1 trillion annually. In addition, according to Allied Market Research, the market for recycled asphalt is projected to grow at a compound annual growth rate (CAGR) of 5.9% from 2020 to 2027.


Market Size
& Growth

Sky Quarry is poised to capitalize on rapidly expanding markets, including the growing demand for renewable infrastructure and sustainable products. As governments, businesses, and consumers seek ways to reduce their carbon footprint, our adaptability to market trends positions us as a key player in the renewable infrastructure industry.

New Asphalt Shingles

Asphalt roofing shingles constitute nearly two-thirds of the roofing market. The demand for new shingles to build new homes is estimated to top $8.2 billion by 2030.   


Companies are pouring big money into renewable energy projects and purchasing carbon credits to offset their emissions.


The sustainable fuel market is expected to triple over the next 20 years and could account for up to 37% of energy demand in the transportation sector. Sustainable aviation fuel stands at approximately 300% higher than that of traditional aviation fuel.


America has 173,000 miles of poor roads and bridges that need to be repaired and repaved. President Biden’s Bipartisan Infrastructure Law intends to repair all these roads, which will require a substantial amount of paving asphalt bitumen.

Carbon Credit Opportunity

Recycling asphalt shingle waste qualifies for valuable carbon credits by significantly reducing greenhouse gas (GHG) emissions. This process not only helps mitigate climate change but also plays an essential role in carbon credit systems, presenting a unique opportunity for Sky Quarry to contribute to environmental sustainability while also gaining financial benefits.

 In addition, we intend to investigate extending operations to carbon sequestration by storing carbon in its residual limestone powder.

The National & State Regulatory Landscape

As the EPA and regional governments move towards banning shingle landfill disposal,
Sky Quarry is poised to become one of the few viable options for shingle waste disposal.
This regulatory shift would likely allow Sky Quarry to potentially command higher tipping fees,
benefiting from increased regulatory controls.


US EPA 2022 Sustainable Materials Management plan’s number one objective is to reduce landfill waste.

Recycle Rates

28% of North American states have implemented construction and demolition waste diversion rates or recycling requirements, with California reaching up to 75% in some areas..

Landfill Bans

Legislation banning asphalt shingles from landfills will likely prompt use in recycling. Vermont Act 175 banned landfill disposal, other states expected to follow.

Premium Fees

California is contemplating a recycle fee for shingles. Transfer stations are charging a premium for receiving waste shingles because they don’t want the material.

Jennifer Standley

Jennifer Standley has over 15 years experience building and leading startups in a variety of industries. Specializing in marketing and business development, she has played a pivotal role in streamlining operations, enhancing brand awareness, and boosting overall revenues for several direct-to-consumer sectors, particularly in the organic food industry.

She is passionate about advancing better environmental practices—be it through the promotion of organic foods for kids or contributing to Sky Quarry’s journey towards environmental sustainability.

Jennifer has a BA in Business Management and Humanities from Brigham Young University and a Professional Designation, AA degree in Design & Visual Communications from the Fashion Institute of Design & Merchandising.

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Cyla Apache

Cyla Apache is a highly motivated corporate controller, experienced in building, leading, and developing dynamic teams, with significant experience implementing software and developing efficient workflows. She also has an extensive background in tax law, enjoys both the financial and operational side of business, and has proven that an accounting department can contribute to the revenue and profitability of a company.

Cyla has successfully completed both an MBA, and an MS in Accounting. She also holds a CPA designation from the California State Board of Accountancy, along with an Enrolled Agent designation from the IRS.

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Darryl Delwo

Darryl Delwo has over 25 years’ experience building and leading finance teams in global companies with significant operating scale and complexity. He has held senior positions in high growth public and private firms, providing strategic oversight to finance and operations, including $150mm of M&A activity, and joint venture and refinancing transactions.

Darryl has a BC in Accounting and Business Management from University of Calgary, holds CMA and CPA designations from CMA and CPA Alberta, and a Controllership Certificate from the Institute of Chartered Accountants of Alberta.

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Marcus Laun

Marcus Laun has spent the past twenty years as a founding principal or senior advisor to over fifteen publicly and privately held companies. His experience includes advising and investing Nurture, Inc. an organic baby food company which eventually sold to Group Danone for $250mm.

Marcus is also founder and CEO of and Geopulse Exploration Inc., a media company specializing in the production and distribution of short films for corporate clients. He also has advised and raised capital for companies in the solar, wind, oil, gas, and alternative fuel industries.

As Managing Director of Knight Capital Group (the largest market-maker of equities in the US)., he oversaw syndicates for over $300 million in financing.

He has a BS in Hotel Management from Cornell University, and an MBA from Columbia University.

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David Sealock

David Sealock is a highly accomplished, results-driven senior executive leader with over 30 years of strategic management and business leadership. He has a track record of building high-performing teams with a strong focus on setting corporate strategy, executing over $1.2Bn in equity and debt transactions, joint ventures and M&A deals.

David served as CEO of Petroteq Energy, President of Autus Ventures, Vice President Technology – Petroleum Technology Alliance Canada; President & COO of Sulvaris; President & CEO of Sunshine Oilsands; EVP of MegaWest Energy; &  has held senior management positions with Deer Creek Energy, CNRL, Petrovera Resources, Total, and Chevron.

David has a BS in business management and is a Registered Engineer with the Alberta Society of Engineering Technologist (ASET).

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