CONveniently buried under October 9th's *volume* .. ;)
disruptive tech .. emerging sector .. and rather telling *imo* >> noted via RH (Ceo of P2O since Mid August 2013) in his investor update of 11.24.14 :)
We continue to believe that our third generation Plastic2Oil processor, which we call our “flagship" processor, is the most automated, green, viable, and technologically advanced process in the world for converting waste plastics into usable fuel and we firmly believe there is substantial market potential for the sale and license of our processors. In support of this, see an independent study completed last month by the American Chemistry Council: plastics.americanchemistry.com/Stand-Alone-...
interesting summary (contemporaneously) via the ACC that clearly *defines* the money in play here that is (to use my wording) >> $STAGGERING
Economic Impact of Plastics-to-Oil Facilities in the U.S. American Chemistry Council October 2014
Executive Summary
In its new report, Economic Impact of Plastics-to-Oil Facilities in the U.S., the American Chemistry Council (ACC) explores the potential impact that building plastics-to-oil (PTO) facilities in the U.S. could have on economic output and job creation.
Through our analysis, we found that the U.S. could support as many as 600 PTO facilities (depending on the production characteristics and size of the facility), generating up to:
38,900 jobs supported by new PTO operations. 8,800 would be directly employed by the facilities. An additional 17,200 jobs would be in supply chain industries that are related to the plastics recovery industry and supporting the facilities. Another 12,900 payroll-induced jobs would be supported by the spending of the earnings of workers in new PTO plants and throughout the supply chain. $2.1 billion in annual payrolls generated by PTO facilities. $6.6 billion in capital investment by the plastics-to-oil industry to build new facilities. $8.9 billion in U.S. economic output from PTO operations. $3.7 billion related to increased oil production. $5.2 billion in additional supplier and payroll-induced impacts. $18.0 billion of economic output during the investment phase.