Reclaiming Oil From Plastics a Recycling Reality by Alex

New Post Public Reply Private Reply Replies (1) Message Board
StockSpock
Reclaiming Oil From Plastics a Recycling Reality
by Alex Freeman • March 28, 2015
http://thefifthcolumnnews.com/2015/03/reclaim...g-reality/
Niagara Falls, NY (TFC) – Companies in the US and Japan have independently developed technologies to convert waste plastics into diesel fuel with minimal energy input. The process for both heats waste plastics to a gaseous state, filtering them through a closed loop system, where water cools the gasses. The remaining distillate is up to 86% high quality diesel fuel. The remainder of gasses help fuel the system through a feedback loop, and also produces a small amount of high BTU fuel called PetCoke, or Carbon Black.

Plastic2Oil has been developing its industrial P2O system since 2009. In 2011, it contracted with Rock-Tenn, a paper and corrugated paperboard manufacturer and recycler, to convert company wastes into fuels for the company. Two years later, Plastic2Oil entered into a similar arrangement with the Crayola Company. Just this year, Plastic2Oil entered into an agreement with EcoNavigation, so the technology is spreading. Since its founding, Plastic2Oil has developed 1 Ton and 20 Ton models, as independent testing and permitting have expanded its abilities in the waste and recycling markets.

JBI, the Canadian predecessor of US based Plastic2Oil, stated of early models without filters or scrubbers, “the final average emissions for 3,923 lbs/hr were 15.97% O2, 3.05% CO2, 3.1ppm (parts per million) CO, 15.1 ppm NOx, 2.88 ppm TNMHC and 0.02ppm of SO2. The NOx emission was approximately one-fifth that of the original P2O processor tested 1 year ago.” This 2011 quality control test allowed for the company’s entrance into New York. Since then, Plastic2Oil has increased the size and output of its industrial plastic recycler.

Currently, one ton of waste plastic will net 241 gallons, or roughly 5.5 barrels of ultra-low Sulphur diesel. According to the Environmental Protection Agency, the United States consumes nearly 14 Million tons of recyclable plastics each year. Of this, only 9% is recycled. Passed through Plastic2Oil’s processors, recycling the remaining 91% of waste could put 80 Million barrels/year of oil back into the market without further need for drilling or exploration. Although a relatively small amount compared to the US’s 12 Million barrel/day production levels, reclaiming these materials not only reduces overall drilling impact, but also prevents millions of tons from ending up in landfills or the world’s oceans. According to plastics watchdog group Ocean Crusaders, 269,000 tons of waste plastics are currently filling the oceans around the world.

In Japan, Blest has developed similar technology for home use. Blest’s 1kg unit produces nearly identical results as the Plastic2Oil model. Using only 1kw/h of electricity, the amount of energy used to reclaim oil from home plastic wastes is minimal. On average, that’s about 12 cents worth of electricity for about a dollar’s worth of oil. You can view a Blest demonstration here.

Plastic consumption has increased by about 4% per year, and nearly 7% of all oil production goes into the development of plastics. These growth and consumption rates translate into a 20,000% increase of plastics use over the last 50 years. Aggregating the recycling of waste plastics could offer significant two way benefits to the environment and the economy. In dollars and cents, that’s roughly $9 Billion a year in realized value from these advancing technologies.

Plastic2Oil, Inc. (PTOI) Stock Research Links

PTOI Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Wendy's Faces Takeover Bid Amid Strategic Focus Shift

Updated Category News Views 101

Behind the Unsolicited Offer Folks, it looks like Wendy's (NASDAQ:WEN) got itself mixed up in some high-stakes shenanigans. An unsolicited, non-binding proposal slammed into them, courtesy of the Investor Group led by Trian Partners, Flynn Group LP, BlueFive Capital, and Sixth Street Partners, itching to scoop up every last piece of Wendy’s stock they ain't already...

Continue Reading
Beta Bionics: Investors on Edge, Legal Moves Underway

Updated Category News Views 37

A Tumultuous Time for Beta Bionics Investors Trouble's brewing for those holding Beta Bionics, Inc. (NASDAQ: BBNX) shares. This isn't just market jitters—it's a full-blown legal tussle. The shareholder-rights law honchos at Johnson Fistel are sounding the alarms, and investors better heed their call before the clock strikes November 3, 2026. There's a class action...

Continue Reading
Personalized Senior Living Guidance Finds Home in South Jersey

Updated Category News Views 25

Shaunique Adams and Her Mission in South Jersey In a world where compassion sometimes feels like it's on short supply, Shaunique Adams is making sure it's at the forefront of her mission. Having experienced the emotional whirlwind of caregiving firsthand, Adams has transformed her personal journey into a mission to serve families navigating similar paths. Through Trua...

Continue Reading
Northeast Indiana Bancorp Shows Solid Third Quarter Gains

Updated Category News Views 47

Holding Steady in a Shaky Market In a market often rocked by turbulence, it seems Northeast Indiana Bancorp, Inc. has found a decent footing to stand on. Announcing their third-quarter results for 2026, they’ve posted net income of $1.991 million, showcasing a neat jump from the $1.793 million in the same period last year. Not bad at all for the parent company of First...

Continue Reading
Air Canada-CAE Scholarship Drives Women in Aviation

Updated Category News Views 88

A New Chapter for Women in Aviation Call it paving the skies or busting the glass cockpit ceiling, but Air Canada and CAE are really doubling down on getting more women into aviation. They're rolling out the eighth annual Captain Judy Cameron Scholarship, set to open applications on November 1, 2026. With up to eight scholarships on the table for Canadian women eyeing...

Continue Reading
Beta Bionics Faces Securities Fraud Class Action Challenges

Updated Category News Views 65

The Unexpected Slide of Beta Bionics So your wallet took a bruising with this Beta Bionics deal, eh? It’s another one of those wild tales from the stock jungle where everyone watching the NASDAQ:BBNX action got clipped when reality didn't match the company chest-thumping. Glancy Prongay Wolke & Rotter LLP just laid it out—ripping the Band-Aid off what Beta Bionics...

Continue Reading
Fannie Mae Q3 2026 Earnings Surpass Expectations

Updated Category News Views 35

An Upward Trend in Fannie Mae's Financials Hold onto your hats—Fannie Mae's swinging into action with hefty third-quarter numbers that'd make most firms drool. The latest figures, disclosed in their 10-Q filing, boast a net income of $4.2 billion for Q3 2026. You heard me right, billion! Now, to a market vet, these aren't digits to scoff at. And as the economy keeps...

Continue Reading
Regal Healthcare: Five Years of Founder-Friendly Valor

Updated Category News Views 43

Why Founder-Friendly Matters More Than Ever in Healthcare Well folks, in a year when everyone's tossing around terms like 'value-added' and 'strategic support', seeing Regal Healthcare Capital Partners snag slot number five straight on Inc.'s Founder-Friendly Investors list feels like catching a rare breed of fish twice. Seriously, these folks are stamping their forte as...

Continue Reading
2021 Ferrari Portofino Shines Bright at Jake's Motorcars

Updated Category News Views 76

San Diego might be known for its sunny weather, but Jake's Motorcars just cranked the heat with a 2021 Ferrari Portofino that flaunts a special-ordered Mandarin Orange interior. Now, if that doesn't scream "look at me," I don't know what does. For those who aren't just dabbling in Ferraris but are downright obsessed, let's dig into what makes this sports car not just...

Continue Reading
Lilly's Retatrutide Outshines Ozempic in Key Diabetes Trial

Updated Category News Views 15

Lilly's Breakthrough in Diabetes Treatment Eli Lilly's retatrutide is stirring up the diabetes treatment waters. The latest Phase 3 comparison to Ozempic's top dose reveals some surprising results. I'm not one to toss out kudos lightly, but this could be a genuine game-changer if things hold steady. A1C Reductions: A Close Look at the Numbers We’re staring down the...

Continue Reading

Top 5 Most Recently Viewed Articles

Papa John's Faces Challenges as Stock Hits New Low

Updated Category News Views 418

Papa John's Experiences Significant Stock Decline The recent performance of Papa John's reflects a significant drop in stock value, making headlines as the stock reaches a low of $39.90, which is a notable contrast to its previous higher valuations over the past year. Such fluctuations in stock price signal potential challenges ahead for the renowned pizza brand, famous...

Continue Reading
Quality Collision Group Collaborates on New Body Shop Project

Updated Category News Views 206

Quality Collision Group kicked off construction on a new Stuart’s Paint & Body location back in 2024, marking a significant push into the Dallas-Fort Worth Metroplex for the automotive repair sector. This ain't just any expansion; it’s partnered up with Cana Capital, a real estate development firm known for its savvy handling of commercial projects. This collaboration...

Continue Reading
Sustainable Power & Infrastructure Split Corp. Boosts Dividend

Updated Category News Views 68

Sustainable Power & Infrastructure Split Corp. Raises Dividend Sustainable Power & Infrastructure Split Corp. (NASDAQ: PWI) has captured the attention of investors with its remarkable growth. The Class A shares have yielded an impressive 66.6% return since the start of the year, alongside a 13.5% annual return since its inception in May 2021. As a result of this strong...

Continue Reading
Bumble Inc. Investors Urged to Act Before Class Action Deadline

Updated Category News Views 78

Investors of Bumble Inc. Should Act Quickly As a leading global investor rights law firm, Rosen Law Firm is reaching out to purchasers of Bumble Inc. (NASDAQ: BMBL) securities. Those who acquired shares between November 7, 2023, and August 7, 2024, are urged to take action before the key deadline of November 25, 2024. This date signifies the deadline for lead plaintiff...

Continue Reading
Innovative Designs at the Canton Fair Promote Child Safety

Updated Category News Views 141

Innovative Designs at the Canton Fair Promote Child Safety GUANGZHOU, China — At the Phase 3 of the 138th China Import and Export Fair (Canton Fair), innovation and safety cohesively merged in the realm of baby strollers and cribs. This showcase highlighted the latest achievements in children's product design, paving a path for safer and smarter childhoods worldwide....

Continue Reading