Plastic2Oil Inc (PTOI)

[Arthur Edward Whoof]

I have researched and studied all of these companies and found the same issue holds true. Either they come to the realization that the output is impossible to consistently control and then has oxidation issues, or they have significant feedstock supply issues (cost more to obtain than the output is worth).

The biggest advantage that many of these companies have is that they can process all types of plastic. Even still, the slightest contamination causes problems.

Many of the same issues that JBI is facing have already played out many times over in years previous for these companies and they are all on shaky ground in the US and Europe. The only successful companies that are doing this profitably are in Asia where labor is cheap, emissions (powers that be) are more forgiving and plastic is overall much cheaper to obtain/sort/clean.