Replies to post #271934 on Plastic2Oil Inc (PTOI)

[waikikian]

Exploring. Sounds like a fishing expedition to me. Could they possibly be thinking of another process perhaps? PTOI maybe?

And according to Waste Management spokeswoman Jackie Lang, the plant has been successful in turning that material into crude oil. But the company is holding out for a more efficient version of the technology. The plant is currently using what Agilyx calls Generation 5, but now there’s a Generation 6 that looks better.

“We’ve decided to discontinue plant operations while Agilyx advances the next generation of its process,” Lang said. “We will be exploring retrofitting the plant with the Generation 6 technology.”