Plastic2Oil Inc (PTOI)

[Artiztic1]

Correct, up to 75 tons per day or a maximum 19,500 tons per year is the cap/limit, also the machines are limited to 1 ton per hour each.

So they are not allowed to run 75 tons per day for 365 days a year - as this would be in violation of the permit.The estimates below are for earnings based entirely on the Niagara facility based on the current limits/approvals.

I'm interested in adding future growth to these estimates as annoucemnets are made regarding future growth. Currently, the gross earnings below haven't even been made yet, as only one processor is running.


According to JBi’s website – “Approximately one liter of oil is extracted from every kilogram of plastic and continuous feeding of plastic optimizes the production output”

http://www.plastic2oil.com/

With two processors that are currently capped at 2,000 pounds per hour each (per the air permit) , running 24/7 = 2,000x2x24x365 = 35,040,000 pounds per year

35,040,000 = 15,893,876kg x.69 per liter = $10,966,774 in gross revenue for two processors at the Niagara Falls plant.

With three processors, using the current annual waste receipt limit of 19,500 tons.

19,500 tons x 2000 lbs per = 39,000,000 pounds = 17,690,102.43kg according to John approximately one Kg of plastic = 1 liter of oil.

Recently received .69 per liter x 17,690,102kg = only $12,206,170 in gross revenue for 3 processors at the Niagara falls plant