Plastic2Oil Inc (PTOI)

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U.S. could support investment in 260 new
facilities using these advanced technologies and this could result in:

In this updated report, Economic Impact of Advanced Plastic Recycling and Recovery Facilities in the
U.S., the American Chemistry Council (ACC) explores the potential opportunities that expanding
advanced plastic recycling and recovery technologies, referred to within the industry as chemical
recycling, could have on economic output and job creation in the U.S. This burgeoning class of
recycling and recovery technologies can convert used plastics into a range of products, including raw
materials such as crude oil, chemicals and chemical feedstocks, transportation fuels and other
petroleum-based commodities. ACC found that that the U.S. could support investment in 260 new
facilities using these advanced technologies and this could result in:

• 38,500 jobs supported by new advanced plastic recycling and recovery facilities, including:
o 9,400 directly employed by the facilities.
o 15,100 jobs in supply chain industries that support these facilities.
o 14,000 payroll-induced jobs supported by workers in these plants and their supply
chains spending their earnings.
• $2.2 billion in annual payrolls.
• $9.9 billion in U.S. economic output from new plastics recycling and recovery operations,
including:
o $4.1 billion related to increased products generated by the facilities.
o $5.8 billion in additional supplier and payroll-induced impacts.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152909922

https://plastics.americanchemistry.com/Economic-Impact-of-Advanced-Plastics-Recycling-and-Recovery-Facilities-in-the-United-States.pdf

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