Plastic2Oil Inc (PTOI)

[DrMBA]

COs that make P2O machines for JBI's competitors. After a few calls and research they are spending considerably less. WHY?

P2O Machine Manufacturers

Companies that have purchased P2O machines...

Agilyx (formerly Plas2Fuel) - Based in Beaverton, Oregon, Agilyx deploys a modular, distributed system designed to let local industries and waste generators convert plastics into fuel. It recently won the 2012 World Technology Award for the energy innovation of "the greatest likely long-term significance."

Blest - The Japanese company Blest.co Ltd. markets small-scale systems that can convert polypropylene, polyethylene and polystyrene plastics into fuel oil. It recently installed a test machine at a recycling facility in Whitehorse in Canada's Yukon territory.

Climax Global Energy - Headquartered in Fairfax, South Carolina, Climax Global Energy was expected to begin operations at a new plastics-to-oil facility in South Carolina's Barnwell County in 2012.

Envion - The Washington, DC-based Envion markets a technology called the Envion Oil Generator. The company enjoyed a big publicity splash when it demonstrated its technology with the Montgomery (Virginia) Regional Solid Waste Authority in 2009, but it's been fairly quiet since then.

Green EnviroTech Holdings - Based in Riverbank, California, Green EnviroTech Holdings announced an oil purchase agreement with Ebbros Energy in May 2012. The company produces oil from plastics, waste tires and automotive shredder residue.

Klean Industries - A Canadian company based in Vancouver, Klean Industries announced in early 2013 that it would work with the Dow Chemical Company to combine their technologies and develop low-impact plastics-to-oil facilities across North America.

Recycle Energy Co. - Part of Japan's CFP Group, Recycle Energy Co. recently demonstrated its plastics-to-oil technology in Malaysia. It uses catalytic cracking instead of high-temperature pyrolysis and says its system can use a greater variety of plastics to produce higher-quality light oils.

RES Polyflow - RES Polyflow was established in mid-2012 by the merger of the energy technology firm Polyflow and the private equity firm Ambassador Enterprises. Based in Akron, Ohio, RES Polyflow is working to commercialize its continuous-feed waste-to-energy recovery system, which can use such feedstock as plastics, tires and carpeting.

Vadxx Energy - Headquartered in Cleveland, Ohio, Vadxx Energy uses a process called thermal depolymerization to produce fuel oil from plastic waste. Its first conversion plant, developed in partnership with Greenstar Recycling, was scheduled to begin operations in Akron, Ohio, in late 2012. It plans to launch two more facilities that can process medical waste and scrap tires in Cleveland in 2013.

RE:"The question in WHY?

When someone invests in a company with so many problems, no proof of concept, a constantly changing process/design/business plan, and constant high burn of capital, and no way to make feedstock that is worth more than the output profitable... the question is WHY?

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but the bigger question is (still) WHY?

When there are hundreds of pyrolysis companies in Asia for nearly 20 years now and only a few struggling ones in Europe and America it begs the question WHY?

When anyone can buy a PATENTED machine from China or India for under $100,000 and it even comes with company reps to set it up and run it for a month while they teach you how to use it... it begs the question WHY?

When a company is at it for 4 years and they spend $50,000,000 and still do not have a commercially viable operation it begs the question WHY?


The answer to all of the questions is simple,

There is a concerted effort to prevent the production of oil through any company that is not directly tied to the oil industry.

Every time someone gets even close there is a magic shift in law, emissions, or, in the case of P2O, recycling subsidies that keep the goal just out of reach.

Plastic is worth more than the oil,
and as the P2O process gets close to working,
the price of plastic will go up again,
(just out of reach for P2O to be commercially viable)

Obviously not true in Asia for many reasons...

but in the US and Europe it will not happen.


If you want proof, review history

If you want more proof, look at the present (4 years and $50,000,000)

More proof... watch and see"