Pee Pee - Here's today's bone, only a couple of

Pee Pee -

Here's today's bone, only a couple of weeks old.

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The primary business of Plastic2Oil is to sell Plastic2Oil processors to sites that need to purchase processors to convert their waste into a valuable commodity. This eliminates disposal and transportation fees. The market demands for recycling solutions like this increase when oil prices drop so at this time there is a lot of activity from potential future sites and partners. For example, when oil prices drop significantly, scrap plastic markets tend to shrink and companies seeking to dispose of scrap plastics are faced with significant disposal costs. So while these companies might typically receive approximately a penny per pound for the sale of waste plastic in a normal oil market, and perhaps payment of shipping costs, now these companies are faced with paying disposal fees of as much as $90/ton plus $500 per truck load. Plastic is not dense so the shipping costs are high.

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It would appear that your figures (of $400 / ton) are a bit off, by estimations other than mine. If a producer of waste plastic was only getting .01 a pound, that's $20 / ton, a far cry from your arbitrary $400, which makes owning a processor and producing fuel quite profitable at today's prices, not to mention what happens when oil returns to $100+ a barrel....