Plastic2Oil Inc (PTOI)

[tykundegex]

I wonder this myself. JBI has stated that with their catalyst then can generate oil for the equivalent of $10/barrel. They also state that without the catalyst, it's "not profitable".

But Envion claims $10/barrel also, and a yield of 1 litre per kg of plastic. The extra energy input for microwaves or heat that other processes use cannot truly account for more than a couple of bucks per barrel. I mean electricity still only costs 15c / kWh (well, last time I lived in North America anyway, 12 years ago). So I would also be very interested to know the difference.

However, I believe their super low up-front costs, the [tiny] size of the processor (only needs 80m2 / 800ft2), and their franchise model will be what make this take off.

Again.. I long for some clarity on the conf call.

S.