Friday, July 13, 2012 10:52:38 AM
We have been told the processors can run 75% of the time and there are 8760 hours in a year, so that results in 6570 annual hours of production.
Each processor can process 4000 lbs per hour so each proceesor can potentially process 26,280,000 lbs (13,140 Tons) of plastic annually.
We have been told it takes 8.1 lbs of plastic to produe a gallon of fuel, so that results in potentially 3,244,444 gallons (77,249 barrels of fuel) annually per processor.
The fuel produced can be sold for more than $100 per barrel.
Bottom line is a $2.9 million investment results in potential revenue of over $23 million annually.
We have been told the gross profit is around 86%.
In the U S 31 million tons of plastic waste is generated each year. That is about 20% of the total plastic waste generated world wide.
Seems simple enough to me.
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