"The P2O process generates 4.4 barrels of oil per
Post# of 43064
Posted On: 09/25/2014 9:00:15 AM
Re: techisbest #14066
"The P2O process generates 4.4 barrels of oil per ton of plastic waste."
Except that we were told that the process was 87% efficient before. That article implies PTOI's process is only 67% efficient at converting plastic to oil.
So even if PTOI's output happened to be pure crude oil which could be immediately sold as a commodity, it wouldn't be economically viable. The plastic needed costs about $800/ton which is hypothetically converted to 4.4 barrels of pure crude oil worth only about $440. Under the best hypothetical situation PTOI destroys half of the feedstock's value by pyrolyzing it.
Except that we were told that the process was 87% efficient before. That article implies PTOI's process is only 67% efficient at converting plastic to oil.
So even if PTOI's output happened to be pure crude oil which could be immediately sold as a commodity, it wouldn't be economically viable. The plastic needed costs about $800/ton which is hypothetically converted to 4.4 barrels of pure crude oil worth only about $440. Under the best hypothetical situation PTOI destroys half of the feedstock's value by pyrolyzing it.
(0)
(0)Plastic2Oil, Inc. (PTOI) Stock Research Links
Yes, I understand your penny stock also is the real deal, created with the inventiveness of Edison and destined to be the next Microsoft. Yes, I understand that the delays are also only because your company is making their product and/or technology even more revolutionary.
Scroll down for more posts ▼