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  4. Plastic2Oil, Inc. (PTOI) Message Board

The issue I have with the company's retraction of

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Post# of 43066
Posted On: 01/28/2014 7:52:07 AM
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Posted By: techisbest
The issue I have with the company's retraction of the PR statements as statements that are indicative of the state of the technology and the potential for success was that they did not explain the reason for the retraction.  The simply said don't rely on those statements.

They didn't say what the issues were or if they believed they could be addressed.

We have since found out the state of the technology.  And it is not good.

The machine requires very specific inputs and high levels of expertise to maximize performance.  Those inputs are expensive.  The level of knowledge needed to run the machine is also not simply unskilled operators dumping plastic in one end and collecting fuel at the other end.  The operators are also expensive.

The company still has a chance to be successful, but it is not a slam dunk.  They need to partner with the right entities that will enable processing of plastic that is currently not recycled into fuel better than the status quo.  I have pointed out links to plastic separation technologies.  Those would seem to be important to a successful rollout of P2O processors.  There are some entities that do not have the need for the separation technologies, but the holy grail of having access to all the unrecycled plastic will only be possible by partnering with those technologies.  This will enable the operators of the P2O machines to control the process.  Given enough data about the inputs, it should be possible to automate the process to maximize the outputs.  That will take time, but it should be achievable.

The company must prove that they can run at high throughput rates for extended periods of time with known inputs.  They are doing that now.

Hopefully they can do it quickly enough that they survive the challenge.


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