Company: ASTE
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0001104659-25-023778
Chunk: 13

Company: ASTEC INDUSTRIES INC
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 13
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 as the ESG Steering Committee reports to the Nominating and Corporate Governance Committee. In addition, the Company is working through key projects to better inform our sustainability strategy while also preparing for upcoming regulatory requirements. This includes assessing the Company’s materiality for more accurate reporting, identifying climate risk impacts and opportunities, measuring carbon emissions throughout our value chain, and third-party verification of our greenhouse gas emissions. Our operations continue to evaluate and establish goals around energy reduction, waste management, and site-specific efforts, to minimize our environmental impacts and maximize profitability wherever possible. The Company maintains strict accountability for environmental laws and regulations, requiring compliance with all applicable local, regional, and federal requirements globally. New Product Development and Environmental Impact For over 50 years, sustainability has been baked into our ethos, even before we had a name for it. We’re proud to have pioneered industry-changing solutions in the past and look forward to providing groundbreaking innovations for decades to come. ● First launched in 1966, our long-term asphalt storage silos boost plant production by providing a continuous and steady material supply, minimizing downtime, optimizing inventory, and streamlining material handling. Asphalt plants that stop and start more than 3x per shift can consume up to 35% more fuel. Astec’s long-term storage silos addressed these inefficiencies and revolutionized the industry by allowing extended asphalt storage and decoupling production from paving operations. ● In 1981, the Vari-Vibe ® high-frequency screen transformed the industry with advanced screening technology, offering unmatched precision and capacity for higher quality materials and consistent product sizing. This innovative screen enhances operational efficiency with faster material stratification, reducing passes and optimizing throughput, resulting in lower costs and increased productivity. ● First appearing in 1987, the Shuttle Buggy ® reinvented paving operations with a material transfer vehicle that eliminates segregation and temperature inconsistencies, ensuring smoother, more durable asphalt. The Shuttle Buggy enhances paving efficiency by maintaining a continuous flow of asphalt to the paver, reducing delays from stop-and-go paving and improving overall pavement quality. ● In 1989, Astec introduced the Double Barrel ® asphalt plant, our proprietary combination of a drum mixer and continuous process dryer, setting new standards for asphalt production efficiency and quality. The Double Barrel is designed to maximize the use of Recycled Asphalt Pavement (RAP), with a unique mixing chamber allowing high percentages of RAP without sacrificing quality output. Some configurations are rated to produce mixes with 65% RAP at rates up to 600 tons per hour. ● The Fiberbed Mist Collector