Replies to post #262743 on Plastic2Oil Inc (PTOI)

[xxxxcslewis]

Bingo.

[glnetadm]

That is my JBII plan also
We build P2O near mixco, and send all wast plastic to it and take oil back!

[the big guy]

And these third worlds countries have the money to spend on machines too... what a great target market for JBI... LOL..

[OverDraught]

Just a wild a.. idea, but what if the first non-JBI run processors where installed somewhere with lots of waste plastic and an abundance of dirt cheap labor.

It's not just the wage levels but also the entire alphabet soup of regulations, regulatory agencies and taxes whose combined effect is to make it very expensive to operate in the US: EPA, OSHA, ARISA, ADA, FICA FUTA, SUTA, etc, etc.

Many countries are not picky about what goes into the fuel tank, and could care less about what comes out of the stack or tail pipe. But if you want to set up a P2O shop in one of those countries, be prepared for a very different competitive environment. With no standards to meet, all one needs is a backyard still and some barrels.

[buenokite]

blind_s,

Good questions. I will give you my take for what it is worth. JBI seems to have the following hurdles:

1) Getting enough non-recyclable, clean, preprocessed plastic of the types the machines can accept. And in the process of getting enough of that plastic the cost is not so great as to make it not worthwhile. So your scenario in the right place would potentially help solve the problem of supply and cost of that supply.

2) The next problem is what if the sorters make a mistake and put too much PVC or other contaminants into the processor? Can the processor ensure a disaster does not occur? Sensors are one thing but a situation can go from fine to disaster in an instant and do they have the capabilities to forestall that event? And even if it does not cause a disaster, it seems it still could cause an interruption of production including full cleanout. Or a variation of this point, is if the machines had capabilities to handle more contaminants that could potentially provide a broader supply of plastic without production interruption. Currently it seems the machines are geared more toward the assumption of source separated, clean, preprocessed plastic. I am not saying this is unsolvable it just seems not addressed completely by JBI today.

3) Even assuming a nice supply of clean, sorted, preprocessed plastic, to-date the machines have not proven the ability to run above a fraction of their capacity. This is true even with HTF. That is why I spend so much time factually on this point with real numbers. The ability of processor #3 is a critical aspect of selling these machines at a price and terms that give the most benefit commercially.

To be clear, I do not think any of these are unsolvable just the current hurdles and your scenario does seem to mitigate some of the situation. Just my two cents.