Plastic2Oil Inc (PTOI)

[Rawnoc]

Plast2Fuel/Agilyx = COMPETITOR OR BAD JOKE?

1. $5.6 million cost of a processor or 2700% more expensive than JBII's? Below is an example of a purchase agreement for the processor alone costing $5.6 million to make 151 barrels per day of "synthetic crude-like product" as their permit calls it. JBII's processor costs $200,000.

http://tinyurl.com/39soybq

2. A smaller processor costs $2 million to $2.5 million, claims to make 52 barrels per day, and requires 14 employees. Does the larger one require 28 employees vs. JBII's 2 and $200,000?

"An entry-level plant would probably cost $2 million to $2.5 million to set up and employ about 14 people, he says."
"An entry-level system would process about 20,000 pounds of plastic feedstock per day, producing about 2,200 gallons of crude oil."

http://portlandtribune.com/sustainable/story_2nd.php?story_id=127367768353395400

3. No claims on fuel quality nor emissions or pollution. In fact, their permit calls it a "synthetic crude-like product" (as opposed to JBII's diesel fuel) and warns of emissions/pollution:

"The combustion of natural gas and
noncondensable gases in heating equipment
releases small amounts of Particulate Matter
(PM), Carbon Monoxide (CO), Nitrogen Oxide
(NOx), and Volatile Organic Compounds
(VOCs) to the air as products of incomplete
combustion. VOCs are also emitted from the
product storage tank when the tank vapor space
is displaced from filling or thermal expansion
(breathing losses). Some of the VOCs are
classified as hazardous air pollutants (HAPs)."

http://tinyurl.com/2umurda

No wonder their FAQ on their website dodged the question:

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.

Favorable?????????? Zero emissions from JBII is certainly far more favorable.

JBII is a viable P2O company. Not Plas2Fuel/Agilyx.

Let's review....

Plas2Fuel/Agilyx $5.6 million vs. JBII's $200,000 cost of processor
Plas2Fuel/Agilyx 14-28 employees vs. JBII's 2 employees
Plas2Fuel/Agilyx makes a "synthetic crude-like product" vs. JBII's high quality diesel
Plas2Fuel/Agilyx has toxic emissions. JBII has none.
Plas2Fuel/Agilyx doesn't even touch the issue of residue. JBII has very little residue.

If anybody is foolishly excited about Plas2Fuel/Agilyx, just wait until they feast their eyes on JBII's process.