For those interested. The proposed $90 million
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Posted On: 01/07/2016 10:14:03 AM
For those interested.
The proposed $90 million facility to be located in rural Indiana serves to illustrate an added potential benefit of the P2O technology.
All feed stock to be processed in the RES facility would need to be shipped to the facility, processed into a form of crude oil and then shipped to a refinery for further processing. The resulting spec fuel produced at the refinery also would incur shipping costs.
For the same $90 million investment six three unit P2O clusters could be located in urban areas close to the source of the plastic feed stocks. The spec fuel could be sold to local fuel distributors, resulting in a considerable transportation cost reduction on both sides of the process.
Also, 18 processors would roughly double the amount of fuel that could be produced by the RES proposal. Again, that spec fuel could be sold at a higher market price than the form of crude oil derived from the RES process.
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A $90 million plastics-to-fuel plant planned in Indiana
By Editorial Staff, Plastics Recycling Update
January 6, 2016
A small Midwest town is slated to welcome a plastics-to-fuel facility converting up to 100,000 tons of mixed plastics per year into gasoline and diesel fuels. RES Polyflow
Renewable Energy Solutions (RES) Polyflow in late December announced Ashley, Ind., population 1,000, as the location of its first commercial-scale facility, which will cost roughly $90 million to construct. Once complete, the facility will aim to leverage a patented plastics-to-fuel technology to convert mixed plastics that would otherwise be destined for the landfill into gasoline and diesel blendstock.
"We can have a varying incoming plastic stream and still make a reliable hydrocarbon product," Jay Schabel, CEO of RES Polyflow, told Plastics Recycling Update.
RES Polyflow is a founding member of the Plastics-to-Fuel & Petrochemistry Alliance, which was started by the American Chemistry Council.
http://resource-recycling.com/node/6880
The proposed $90 million facility to be located in rural Indiana serves to illustrate an added potential benefit of the P2O technology.
All feed stock to be processed in the RES facility would need to be shipped to the facility, processed into a form of crude oil and then shipped to a refinery for further processing. The resulting spec fuel produced at the refinery also would incur shipping costs.
For the same $90 million investment six three unit P2O clusters could be located in urban areas close to the source of the plastic feed stocks. The spec fuel could be sold to local fuel distributors, resulting in a considerable transportation cost reduction on both sides of the process.
Also, 18 processors would roughly double the amount of fuel that could be produced by the RES proposal. Again, that spec fuel could be sold at a higher market price than the form of crude oil derived from the RES process.
_________________________________________________________
A $90 million plastics-to-fuel plant planned in Indiana
By Editorial Staff, Plastics Recycling Update
January 6, 2016
A small Midwest town is slated to welcome a plastics-to-fuel facility converting up to 100,000 tons of mixed plastics per year into gasoline and diesel fuels. RES Polyflow
Renewable Energy Solutions (RES) Polyflow in late December announced Ashley, Ind., population 1,000, as the location of its first commercial-scale facility, which will cost roughly $90 million to construct. Once complete, the facility will aim to leverage a patented plastics-to-fuel technology to convert mixed plastics that would otherwise be destined for the landfill into gasoline and diesel blendstock.
"We can have a varying incoming plastic stream and still make a reliable hydrocarbon product," Jay Schabel, CEO of RES Polyflow, told Plastics Recycling Update.
RES Polyflow is a founding member of the Plastics-to-Fuel & Petrochemistry Alliance, which was started by the American Chemistry Council.
http://resource-recycling.com/node/6880
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