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Re: Justice37 post# 87944

Thursday, 01/06/2011 12:16:00 AM

Thursday, January 06, 2011 12:16:00 AM

Post# of 312102
You were stating that Agri-Plas' order cost $25mill-- it was wrong as they are only looking to do 60tpd using a very different (total) process and feedstock. You got a reference for Green Envirotech and hastily miss-applied it to Agri-Plas.

Now you are generously giving a 90tpd for 25mill out of the blue...

Seriously, you are traveling down the wrong path:

This is what the "up to" $25 mill bond will do:

The process begins with Miller Compressing Co. in Milwaukee, which crushes the vehicles and will send the remnants by truck to the Sheboygan plant.

The material is separated using a process created by German company SiCon GmbH. About 23 percent of the material is plastic, 10 percent is non-tire rubber and 8 percent is various fibers. The rest cannot be used by Green Envirotech and goes to a landfill.

The plastics are then decontaminated using technology from Pennsylvania-based Thar Process Inc. The U.S. Environmental Protection Agency requires less than two parts per million of PCBs, and the Thar technology cleans the plastic to one-eighth of that limit.

About 60 percent of the plastic is polypropylene, which is mixed with an equal measure of virgin plastic and required additives before being sent to carmakers. This compounding process is done by a Belgian company called Ravago, which will install $7 million worth of equipment at the Sheboygan plant to be run by Green Envirotech's employees.

The remaining 40 percent of the plastic is mixed with the rubber and fiber into high-quality crude oil. That process was developed by Oregon-based Agilyx Corp.


http://www.sheboyganpress.com/apps/pbcs.dll/article?AID=201010310373

Very, very, different from P2O -- perhaps you can compare the last piece if P2O will also do rubber and fiber. "Slurry" or "gel" comes with a process tag. That tag fits what Green Envirotech wants to do. Again, JBI appears to be boxed into low-hanging waste/scrap fruit. (BTW look what Green Envirotech is going to do with the previously comingled & contaminated polypropylene-- recycle it!)

Perhaps you should do more thorough research? Perhaps starting with SynCrude?
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