Plastic2Oil Inc (PTOI)

[Justice37]

The company is Environ. The machine is huge, have a look:

http://inhabitat.com/new-envion-facility-turns-plastic-waste-into-10barrel-fuel/

Want to know what's cool, they claim they can make oil for $10 a barrel. Lots of bears point this company out as competition, they never mention the $10 per barrel cost. Environ also say they have buyers but don't say who, it's never mentioned by the bears. I'm thinking a double standard may exist on this board.

Here's some more information from an old post of mine.



Envion's process is not as efficient as JBI's and they use twice the heat:

Envion makes its plastic-to-oil conversion by heating up plastic to a pre-set temperature using infra-red energy. The process removes hydrocarbons without the use of a catalyst, resulting in a net gain of captured energy–82% of all material that goes in is transformed into fuel. In the past, attempts to turn plastic into fuel have resulted in a net loss of energy.
inhabitat.com/new-envion-facility-turns-plastic-waste-into-10barrel-fuel/

That's 17% less material transformed into fuel than the JBI process.

Envion produce:

Through Envion’s proprietary technology, one ton of waste plastic can be converted into approximately four 42-gallon barrels of high quality, synthetic light to medium oil. This oil is a refined and 99% sediment free product that can be used to produce gasoline, diesel fuel, jet fuel and kerosene.

http://www.greencarmagazine.net/biofuels-news/waste-plastic-to-oil-conversion-process-produces-oil-for-less-than-10-barrel/

JBI produces diesel, gasoline, and natural gas.

The cost of a plant is also far more at $5 Million and look at the size of the machine.
http://inhabitat.com/new-envion-facility-turns-plastic-waste-into-10barrel-fuel/