Replies to post #91252 on Plastic2Oil Inc (PTOI)

[Justice37]

Actually research has been going on much longer than that. Some companies are actually selling their product, it's not as good a product, produces much more waste, and the machines start at $2.5 million, but they are selling it. Show me a company that produces fuel as good as JBI with the same amount of waste. If JBI uses clean plastic, the waste is less than 1%.

I was pointing out in this string that there is a market for crude oil that costs between $31 and $50 to produce. JBI can produce it for far less than that. I also pointed out that Big Oil have to pay full price for about half their oil as they can't drill enough of their own.

[Steady_T]

Interesting but unrelated to JBI......Which uses a low temperature pyrolysis process.