Plastic2Oil Inc (PTOI)

[BeerIsGood]

Wonder how all these are related? Here's part of the article written in Aug. 2009. They expected to begin Oct. 2009 and have not broke ground yet for the 25 million dollar facility.

There’s significant value to be found from auto shredder residue (ASR), if a new plastics recycling operation in Fond du Lac, Wisconsin proves to be the model for profitable recovery. And, it appears this venture has the partners and the technology to make it happen. EnviroPlastics Group, a subsidiary of Plastics Conversion Technologies headquartered in Spokane, Washington and Plas2Fuel Corporation, based in Kelso, Washington are teaming up to merge dedicated ASR sorting and cleaning with a chemical process that recycles plastics not suitable for resin markets into synthetic crude oil.

http://www.americanrecycler.com/0809/value.shtml

Check fdlreporter.com; Feb 11, 2010 and Green EnviroTech Corp. plans to break ground in Fon du Lac, WI with a $26 million plant and be completed in June, 2010. This plant has not been starter yet either.

Lots of things not happening from Green Envirotech.