InvestorsHub Logo
Followers 7
Posts 1742
Boards Moderated 0
Alias Born 02/21/2011

Re: None

Saturday, 03/10/2012 11:24:30 AM

Saturday, March 10, 2012 11:24:30 AM

Post# of 312016
Any word on the amended SWP?

Processor Nos. 1 & 2 are permitted to operate at 4,000 lbs. per hour, however
they are currently operating at 2,000 lbs. per hour. The Company expects to
operate both processors at 4,000 lbs. per hour, as per the upgraded Air Permit
issued by the New York Department of Environmental Conservation ("NYSDEC"), once
the Company receives approval on its amended Solid Waste Permit from the NYSDEC.

The Company expects that this amendment will effectively double the plastic
feedstock throughput, from 2,000 lbs/hour per processor to 4,000 lbs/hour, which
should double the amount of fuel output each P2O processor can produce.