Plastic2Oil Inc (PTOI)

[AK45SOAR]

Hi Zardiw, GWMAN, BG, techisbest.
Thanks for the welcome Rikktik. I’m new on DB-discussion wise, but I’ve been reading JBII-DB since May 2009. Being beginner in the stock market business, I found many quality answers on the questions I have.

First I’d like to clarify one thing. When you talk about P2O we use two systems, US system and SI- metric system. For oil (crude oil) and for final P2O product-petroleum is used “oil barrel”= 42 US gallon (158.97 liters) not US liquid barrel (119.2 liters) or US federal barrel (117.4 liters) and for row products (plastic) kilograms (kg) and metric tons (MT)

GWMAN, B G and techisbest, I would appreciate if you let me know where we differ in our calculations. My calculations are based only for 20T- P2O.
Thanks
$10


Re: Production of 100,000,000 barrels (15,900,000,000 liters) of oil(petroleum) by 2020

Considering following:

1. - That one P2O reactor will be producing 20,000 liters per load (per batch-20 metric tons of plastic).

2. - If we assume that about 10% of 20,000 liters produced would be the gas consumed for heating the reactor, this would bring down to approximately 18,000 liters of actual product.

3. - A batch (load) can be processed in 2-4 hours.

4. - Annual efficiency of 82% 300 days/year production (very conservative number).

That would translate as follow:
To produce 100 million barrels/year would require JBI to run 2945 20T P2O reactors 300 days/year to produce 333,333 barrel/day (53,000,000 liters/day) to process 58,900 metric tons of plastic per day or 17,670,000 metric tons annually.
If we add more loads per day per reactor and raise annual efficiency numbers of reactors would decrease accordingly!