Replies to post #213979 on Plastic2Oil Inc (PTOI)

[guzaling]

Answer this please...

If the plastic is worth more than oil why is it going to landfill?

Why aren't peeps hording it to make cash...like say copper wire etc.?

You still don't get it....

If you have a sorted stream of plastic

"IT'S WORTH MORE AS RECYCLED PLASTIC"

Just sell the plastic and

YOU WILL MAKE MORE THAN THE VALUE OF THE OIL YOU CAN MAKE!

Your theory just does not hold any water.

[grantg2]

Yeah... we GET it! That VALUABLE plastic WASTE... scrap... just waiting to be recycled surely looks profitable!

WONDER WHY so many unemployed peeps are not out there grabbing all the PLASTIC WASTE they can to sell to those RECYCLERS PAYING Big$$$$$ FOR PLASTIC SCRAP?

How perplexin'... about 97% of all that VALUABLE PLASTIC WASTE ending up in landfills! Must be a lot of poor dummies letting such a LUCRATIVE opportunity to collect and sell VALUABLE PLASTIC WASTE slip away from them and JUST REMAIN POOR!

Keep sortin'... BIG $$$$$$ are awaitin'

[snow]

Dr GoldSmith

Do you think Mr Rauber is an idiot to take up his position with JBII?

[Steady_T]

You seem to have missed the point of JBI's machine.

It does not require sorted plastic. It is prohibited from using plastic that contains chlorine i.e. PVC.

Exclusion does not require sorting. Also you seem to have missed the part about JBI obtaining its waste plastic from industrial sources where the types of plastic sourced are well controlled.

Then there is the part about 93% of all plastic goes into land fills. The 7% that you discuss as having significant value is not the plastic that JBI wants or uses.

True that not using sorted recyclable plastic limits JBI to the 93% of plastic that is land filled, but sometimes you just have to make do with what you can get. To be fair, JBI doesn't use post consumer plastic so that eliminates about 45% of the plastic waste stream. So JBI has to find its plastic in the millions of tons of waste plastic that is represented by that 45%.