Replies to post #70535 on Plastic2Oil Inc (PTOI)

[umiak]

Thanks! That puts to rest the argument that the fuel produced from plastic is not saleable. Hmmmmm, what shall I do buy a machine/plant for 5mm or 1mm, boy that's a tough one. 1mm is a conservative estimate put forth on this board for 2 JBII processors and the building/plant that the processors lodge in. Now just to be ULTRA conservative, calculating massive building issues, lets call it 2mm. HMMMMMM 5mm or 2mm. I probably need a committee to figure this out.

[Rawnoc]

Question -- Why hasn't Agri-Plas ordered a machine yet from Agilyx?

Answer:

Agri-Plas plans to buy and install a Plas2Fuel system once the company tests and manufactures its latest generation of equipment, says Mary Sue Gilliland, Agri-Plas vice president of operations and business development. “Once we’re comfortable that the new equipment works, we’ll go ahead and place an order,” she says. “We’re probably looking at September or October to fire up our first four units.”

http://www.theoutlookonline.com/sustainable/story.php?story_id=127367768353395400

Apparently they aren't even comfortable that it even works yet, hence September/October is NOT happening. Why don't you ask Agilyx how much fuel they've produced? I couldn't get a straight answer from them. They wanted to talk about capacity (10 tons of plastic a day for their mega-million dollar machine) and licensees that they confess they have zero of and are still bragging about the 4 tankers of fuel that they made over the course of 2 years. Wow! I could probably make make 4 tankers of fuel with my fists if I had two years to do it too.

Is Agilyx a competitor or a bad joke?

They compete with Envion's $7 million cirus act machine maybe.

[stocker11]

What product does Agilyx produce and what are the profits?
Are they capable of processing multi-tons a day?
What is the cost of equipment?
Is the process green?
What types of plastics can be processed?
How much can they process a month (including downtime)?
I expect that when JBII becomes operational they will be the only viable, profitable system and the others unfortunately will not survive without a major breakthrough.
Everyone knows that small quantities of oil from plastic have been made in the past but with little to no sustainable success - that's why JBII is so special.
Being 1st is not important - being the best is.


Agilyx is permitted. It operates 5 days a week 24 hours per day. It sells what it produces.

Agri-Plas was a test facility and the test processing equipment was removed September. It is permitted and it sold its product. It anticipates beginning to receive the new processing equipment in February, 2011 and to (re)commence expanded operations within 6 months.

There was a lot more interesting things brought up in both conversations, but this at least should clarify that:

--JBI will not be the first permitted plastic to fuel processor in North America.
--Agilyx is indeed still producing and selling product.
--Agri-Plas is anticipating an upgrade beginning February 2011.

[Tazzmanian]

im fairly new here can you tell me what the stock market symbol is for this company agilyx or agri-plas

its great that they too are providing a solution to the mounds of plastic that litters mother nature

briefly googling both names i havent found them to be publically traded where the little guy can get a piece of the action like he can with jbii

the more the merrier believe me there is plenty of waste to go around

[Estimated_Prophet]

Thanks Jim. I was wrong. Looks like JBI will be the second. The more important thing to me is that I'm invested in the one with the better business model. From the DD of you and others, I like my odds with JBI over Agilyx. What about you? Is JBI a good trade or long term investment at these prices and time to you?