Posted On: 05/30/2014 10:38:12 AM
Post# of 43066
New Energy Hope: Turning Used Plastic into Oil
Today's forecast for management decisionmaking.
By The Kiplinger Washington Editors, May 30, 2014
From The Kiplinger Letter, May 23, 2014
Another promising source of energy: Recycled plastic.
A few small firms are turning plastic waste destined for landfills into synthetic crude oil. The process requires some very advanced chemistry, but the raw material is cheap and abundant, and the trickle of oil being made now figures to pick up as the technique gets refined. Also, environmentalists believe it could be a lucrative way to cut down on plastic litter.
Among producers making a play on oil from plastic
: Utah-based PK Clean. RES Polyflow of Ohio. And JBI Inc. of N.Y., already producing 700,000 gallons a year.
Read more at http://www.kiplinger.com/article/business/T00...s2jWdsg.99
original post courtesy of jcoukr
Today's forecast for management decisionmaking.
By The Kiplinger Washington Editors, May 30, 2014
From The Kiplinger Letter, May 23, 2014
Another promising source of energy: Recycled plastic.
A few small firms are turning plastic waste destined for landfills into synthetic crude oil. The process requires some very advanced chemistry, but the raw material is cheap and abundant, and the trickle of oil being made now figures to pick up as the technique gets refined. Also, environmentalists believe it could be a lucrative way to cut down on plastic litter.
Among producers making a play on oil from plastic
: Utah-based PK Clean. RES Polyflow of Ohio. And JBI Inc. of N.Y., already producing 700,000 gallons a year.
Read more at http://www.kiplinger.com/article/business/T00...s2jWdsg.99
original post courtesy of jcoukr
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