Replies to post #213981 on Plastic2Oil Inc (PTOI)

[Arthur Edward Whoof]

Because it cost more to seperate it from landfill waste than it's worth.

Same reason why there has been such minimal oil produced at JBI in 4 years...

Because it cost more to buy the plastic than the oil value

And because the cost to seperate it is more than the oil value

And because any sorted supply of plastic can be sold to the recycle industry for more than the oil value

And because when you recycle plastic you can apply for recycling subsidies that the gov has setup to help promote recycling.

P2O does not qualify as recycling.

[Arthur Edward Whoof]

They are!

The plastic recycling industry has exploded in the last 5 years...

And there are a lot of additional subsidies that have helped to grow the industry...

Plastic prices have doubled in the last 2 years and continue to rise

Check your local recycling programs and you will see that there are plenty of opportunities to make money scrapping plastic and scrapers are... More and more every day!