Plastic2Oil Inc (PTOI)

[jjsmith]

Thank you for confirming what I have said all along. Contaminated plastic is worthless. JBI had the stack test done and if they could use contaminated plastic, they would have used it and released in the PR that they can use free contaminated plastic. I'm glad people are finally realizing the myth of FREE UNCONTAMINATED plastic.

So the FACTS as we know them are that contaminated plastic isn't worth much to JBI or anyone else. UNCONTAMINATED plasic is highly valuable, but not to JBI because it costs more than the fuel they can produce from it. So how are they gonna make money on P2O?

REALITY ABOUT FREE HYDROCARBON PLASTIC:

"Unfortunately, 80% of the post industrial and consumer plastic in the United States cannot be sorted and is contaminated with other plastics which render the entire load worthless. You cannot get $0.20/lb for HDPE if it contains contaminates, other plastics, other compounds that alter its properties. Plastic recycling facilities often receive loads of plastic that are PET, or HDPE but are cross contaminated with some other fraction of plastic or contaminate. These cannot be sorted and are sent to landfill. Please see the EPA statistics for plastic recycled in the United States."


Quote:
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here's HDPE and LDPE links to get a ballpark idea what buyers will pay for plastic per pound
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"Yes, highly sorted, only one type of plastic with absolutely no contaminates, cleaned, and no additives in the original plastic that altered its properties. Unfortunately, most plastics aren't clean enough and make up 80% of the plastic in the US."

"We take the 80% of the plastic that is not 20 cents/lb. I won't take the plastiC that I have to pay $0.5/lb for. Our plastic is currently costing the municipalities and recyclers $70+ per ton to dispose of in landfill. They can keep the ultra high quality plastic for $0.20/lb."