Agilyx makes "a gel-like substance" that has to be heated in order to be transferred. What crap!
"The finished product is a gel-like substance at normal room temperature and must be heated to 130° – 150 F to effectively transfer it and therefore the finished product is stored in a tank capable of being heated. The tank is normally operated at ambient temperature, but will be heated immediately prior to product shipment. Maximum production for the facility is estimated to be 3,770,000 lbs finished product per year (~555,000 gallons). The facility is proposed to complete construction in 2010."
And their next generation plant for the equipment alone will go for the low low low low price of only $25 million to make a "gel-like substance" that must be heated in order to even transfer it.
Re: BTW SynCrude plans to fund up to $6 mill to do 20 tpd
20 tons per day for $6 Million, this is a good thing. JBI is still saying $200,000for a processor that does the same amount of plastic and takes up less space, can be put into a waste or recycling facility at little cost to the facility and the processor is paid for and owned by JBI. As these facilities already budget for unwanted plastic waste, they end up saving money by providing the space and don't have to access extra money. How can you see SynCrude as competition?
In regards to their location, who cares, do you know how many wineries are in the Niagara Region? Ford, GM and Chrysler are all in Windsor, Ontario. There is more than enough plastic to go around. Other companies just have to pay an enormous amount to process it. Does SynCrude fact in the $6 Million in their cost per barrel?
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