Plastic2Oil Inc (PTOI)

[tykundegex]

Yeah, I think although the processor has a huge throughput, it's not feasible to run over 20% capacity (in terms of feedstock availability, staffing, maintenance, etc.)

Assumptions:
rated capacity: 15 tons = 2 hours (125 kg/min = 65700 tons/year)
1kg plastic = 1L oil
oil sold to refineries @ crude barrel price: $0.45 / L

@20% capaticy, yields:
13140 tons / year, or $5.9m worth of oil

So if that revenue is the franchisee's, and I think I read somewhere that JBI takes 65% of a franchises "profit" (not sure what it's based on), which could be 50% of that (easily), so $1.5m per processor per year.

A couple of these for each major urban center is say 60 machines, or ~100m in revenue for JBI.

And all of that is conservative since I believe:
. oil will fetch a premium price due to its quality
. crude prices will RISE
. there can be as many as several hundred of these in the USA alone
. capacity can easily be > 20%
. processing time is better than 125kg/min.

Any thoughts, corrections, additions?

S.