Plastic2Oil Inc (PTOI)

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Plas2Fuel seems a formidable competitor

Q: What is your vision?
A: Agilyx envisions an entire planet with zero mixed waste plastic polluting our environment – all plastic is recycled conventionally or via Agilyx's technology.
Q: What is your mission?
A: Our mission is to improve the earth's environment as the leading provider of technologies that enable customers to convert plastics to petroleum products - simply, safely and profitably.
Q: Where are you headquartered?
A: We are located in Tigard, Oregon, a suburb of Portland.
Q: Can you process any kind of plastic?
A: Yes, our system is versatile enough to handle all types of plastic...1-7.
Q: Do you have an operating facility?
A: Yes.
Q: Are you currently selling the oil you produce?
A: Yes.
Q: Are you permitted to operate in the United States?
A: We are fully permitted in Oregon, with additional projects underway in other states.
Q: Have you performed a Greenhouse Gas/Carbon Footprint analysis?
A: Yes. The results show that the net carbon footprint of Agilyx’s technology is favorable.
Q: What is your target market(s)?
A: From a mixed waste plastic supply perspective, we intend to sell, license or otherwise provide our technology to large producers and/or recyclers of waste plastic (post-industrial market segment). Also, material recovery facilities (MRFs) and transfer stations (post-consumer market segment) throughout the world are a target market, as well as other niche applications. At the same time, the synthetic crude oil produced by our systems is sold to refiners, specialty petrochemical processors, or consumed on-site.
Q: Who are your competitors?
A: This is an emerging market...a blue ocean market. In the coming years, there will likely be several new entrants along with Agilyx.
Q: Do you have a patent?
A: Yes. Our first patent, number 7,758,729, was issued in July, 2010. There are currently several additional patents pending, U.S. and international.
Q: What makes your technology unique?
A: We utilize a continuous batch process under negative pressure (vacuum) and we apply the concept of chromatography (chemical separation) to the various compounds found in mixed waste plastic. Also, each batch runs independently with its own system telemetry (remote monitoring and automatic system adjustments). The above means that our system is scalable enough to meet any feedstock quantity, and versatile enough to handle virtually any mixed waste plastic streams.
Q: What is your competitive advantage?
A: Our technology is elegant in its simplicity. It can be operated with minimal training. Also, our systems are relatively inexpensive, small and scalable. As such, we can provide the technology where the plastic resides. We can bring our technology to smaller markets where other solutions simply cannot, due to cost. Finally, our technology is versatile, able to handle virtually any plastic feedstock.
Q: What kinds of petroleum products are produced by your technology?
A: Primarily ultra-sweet, synthetic crude oil, which can subsequently be refined either onsite via standard microrefinery technology or at existing refineries. But other valuable ancillary petroleum products may be produced as well.
Q: How much plastic does it take to make a gallon or barrel of oil?
A: It totally depends on the waste plastic feedstock, but an average of 8.5-10 pounds of plastic for one gallon of synthetic crude oil is a reasonable conversion factor.
Q: What if the price of oil drops?
A: The era of cheap oil is over - new discoveries are generally harder to find, more expensive to extract, more expensive to refine, and/or in environmentally sensitive areas. And the alternatives to the Middle East (Caspian Sea basin, African sub-continent, South America) have the same types of political unrest we find in the Middle East. The world is now consuming around 1000 barrels of oil per second, so the prices are likely to remain elevated, over time. Still, our business is viable even if prices decline.

http://www.agilyx.com/faqs.shtml