Wednesday, June 23, 2021 7:13:14 AM
The mission of the American Chemistry Council is to promote the interests of corporations of the chemical industry, not to educate you or the public in general.
"This report is an update to an October 2014 report, Economic Impact of Plastics-to-Oil Facilities in the U.S., which was limited to facilities that only convert recoverable plastics into synthetic crude oil".
The ACC has actually scrubbed any reference to that 2014 Report from its website:
https://plastics.americanchemistry.com/PageNotFound/?404;https://plastics.americanchemistry.com:443/Stand-Alone-Content/Economic-Impact-of-Plastics-to-Oil-Facilities.pdf
https://www.americanchemistry.com/News_and_Resources/?topic=&srchtext=&page=10&ref=VGV4dCxlYnR0YXhvbm9teWNhdGVnb3J5LGVidHRheG9ub215Y2F0ZWdvcnklM2ElMjJjb250ZW50K3R5cGUrcmVwb3J0cythbmQrc3R1ZGllcyUyMg==
The WayBack machine grabbed the 2014 Summary, though.
https://web.archive.org/web/20141107104258/http://plastics.americanchemistry.com/Stand-Alone-Content/Economic-Impact-of-Plastics-to-Oil-Facilities.pdf
Here's what the 2014 Exec Summary said:
And here's what the 2019 Exec Summary says:
Five years later and they're expecting whatever technology they're pumping to generate a few less jobs(!) and another billion in economic output.
In 2014 the American Chemistry Council’s Plastics-to-Oil Technologies Alliance included Agilyx Corporation, Americas Styrenics (affiliate), Cynar Plc, RES Polyflow, and Sealed Air (affiliate).
The 2019 Summary doesn't say who is in the Alliance. Maybe because it changed its name that year to changed its name to The Chemical Recycling Alliance (TCRA) and changed its focus as well. Notice how the 2019 Summary eliminated all 4 of the 2014 references to "PTO".
None of which matters much though, because the Company that you're invested in is "Dark or Defunct". "Pink No Information companies may not be able or willing to provide disclosure to the public markets - either to a regulator, an exchange or OTC Markets Group."
What we do know about Plastic2Oil, Inc. is that they aren't converting any plastic to oil, nor are they able to sell any of the equipment that they say has the capacity to do that.
Heddle needs to break out the white flag and so do you.
I'm tryin ta think but nuttin happens......Curly
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