Plastic2Oil Inc (PTOI)

[BeerIsGood]

I understand John made these comments on facebook.

"It would be very foolish of us to convert the entire tire into fuel. There is so much $$$ in a tire. How about converting the sidewalls of the tire into oil and preserve the elastomer in the treads and sell that at $0.84/pound?

If I take that a bit further, why convert the sidewalls into $0.20/litre when I can skew the curve elsewhere and get $0.70?

It's all about the hydrocarbon reforming. When you can crack a long hydrocarbon chain where you want it... then you can make more than those pumping aromatic hydrocarbons out of the ground..."


Can anybody tell me what this means? "... preserve the elastomer in the treads for $.84 per pound..."
"... skew the curve elsewhere and get $.70..."

Sounds like he is saying the tires produce 350% more profit by converting them to other stuff instead of oil.