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Wednesday, April 25, 2012 3:30:08 PM
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8491922
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Our current technology allows us to produce approximately one gallon of liquid fuel from approximately ten pounds of waste plastic.
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· Approximately 86% liquid fuel conversion
· Approximately 8% of waste plastic is converted to gas and is used to fuel the process
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The plastic to liquid fuel conversion is approximately 86% by weight. Therefore, 20 tons of plastic would be processed into approximately 4,400 gallons of fuel. The company currently has two manufactured and installed commercial size Plastic2Oil processors
Residue : The petroleum coke or carbon black (“petcoke”) is removed from the processor periodically. Approximately 2-4% of the process output is petcoke, which is a sellable byproduct of the conversion. Metals are also removed during residue removal and are valuable to local metal recyclers.
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