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  4. Plastic2Oil, Inc. (PTOI) Message Board

When people actually read the paper they'll realiz

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Post# of 43066
Posted On: 10/30/2014 5:12:26 PM
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Posted By: Westlane
Re: Faustus #15559
When people actually read the paper they'll realize that the process isn't very economical. Our machine costs a lot more and can't produce enough to match that paper's assumptions:

Quote:
Model 1:
assumes a one-time $10.5 million private investment for one PTO facility and associated equipment. It assumes that each facility would process 10,600 tons of plastics on an annual basis and produce 42,500 barrels of synthetic crude oil each year. It is estimated that approximately 600 facilities of this production capability and size could process 20% of the amount of NRP landfilled each year.

Model 2:
assumes a one time $18.8 million private investment for one PTO facility and associated equipment. It assumes that each facility would process 18,300 tons of plastics on an annual basis and produce 106,000 barrels of synthetic crude oil each year. It is estimated that approximately 350 facilities of this production capability and size could process 20% of the amount of NRP landfilled each year.



Those entire facilities cost less than a single one of our machines and they'll process twice the plastic!

Hopefully someone will be a processor who doesn't need to turn a profit. Thanks for the link.


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