Plastic2Oil Inc (PTOI)

[Zardiw]

Hard Questions for JBII:

Answered by Terryels, who has 18 years of refinery experience.

What more were you able to find out about throughput?

I verified it in the time I was there. It's simple pounds in/pounds out. I watched the gas compression system and the burner to tell me how much heat was being driven into the system. The charge is monitored by a scale and the final petroleum product was quantifiable by the level of the fuel in the tank. What is important here is the ratio of charge to final product. They scale the the machine to whatever size they want. So to me 20T was not the important question. The material balance is what is important. They have excess heat so the primary production factor in this machine is how much heat can they drive into it.

The ratios provided by JBI jibe with the material and heat balances I was able to complete.

What type of regulatory limit?

They have no emission monitoring or controls so the only way to ensure they do not exceed Title V emissions is to limit the lbs in. They have a long way to go to reach a Title V so I believe a simple per amendment for a 100T or more a day machine would not be difficult to get.

I know many people who had reservations on the integrity of JBI due to that decision.

The integrity and credibility is proven by starting in NY. The NYSDEC will not allow anyone to commission a project without significant technical information. If they had started in another state some of the environmental information would be suspect. By starting in NY they are able to go to any other state. It was a good decision to start there based on the location of their team, Islechem, and the funds they had to work with. A pilot plant can't be built in one state and reside in another.

Hindsight being 20/20 and if the company had more funds they could have started in NY and then build plants in other states to move fast. That all takes money. I am suprised what they have been able to build with the funds they had.

I am very suprised your reference of integrity in relation to NY.

Did you find it odd that they were making machine parts and maintaining a machine shop?

No. I would find it odd if they weren't.

Were they making the attempt to find the items commercially before going to this expense?

Many of the parts are off the shelf type items. They built their own proprietary feed system and catalyst system.

Even if they needed custom parts, I would think that they would spec them and have them built externally

So they can educate others?

What are your impressions on their readiness to build more P2O units rapidly? Are they ready with a Construction Package and detailed design documentation? Or is this a one-off?

CRA is doing that work. Working with a large engineering firm like that makes building more machines easy.


Thank you for your report Terry.........z