Plastic2Oil Inc (PTOI)

[Arthur Edward Whoof]

But you do have to admit that there is a fundamental problem, that the required feedstock cost more to obtain than the value of the fuel it can make...

Perhaps on a short run or a gift of good free plastic this can produce perfect results,

but on a commercially viable scale,

the shear volume of feedstock is not able to be obtained consistently without a significant cost (more cost than economically feasible to turn a profit)

We are not talking about hand sorting a pickup truck load here.

This requires massive amounts of plastic. Sorted out into specific types. Free of contamination (all the hype about putting dirty contaminated plastic into the machine is simply not true, there is a lot going on inside a pyrolytic reactor and if you put the wrong chemicals in it could prove devastating, deadly, or at the least disruptive to the process and output results).

The ability to sort, and decontaminate plastic is the bottleneck.
If you can successfully do it to the level needed for P2O you have successfully created a level of recycled plastic that can be sold for more money. That alone is the problem. Recycling and waste management companies have faced this challenge for years and have determined that it is not profitable. So how can a new company with no proven method suddenly pioneer a secondary process in order to support the primary process that poses just as much of a challenge?

If JBI can solve the supply issue and sort plastic for a profit to make P2O profitable they will have conquered two previously unachievable breakthroughs. But once that first one happens, recyclers and waste management companies will make the availability of waste plastic unattainable because they will have a more profitable commodity in the recycling of plastic.