A different process, but. . . Sonoma County startup

New Post Public Reply Private Reply Replies (1) Message Board
801
725
A different process, but. . .

Sonoma County startup Resynergi seeks to recycle plastic trash into diesel fuel

GARY QUACKENBUSH
FOR NORTH BAY BUSINESS JOURNAL | April 12, 2017, 9:35AM

Resynergi LLC has developed what the Rohnert Park company states is a proprietary system using microwaves to transform unrecycled waste plastic into oil. By mid-year the company plans to announce orders from initial customers with equipment deliveries scheduled during the second half.

The technology, called continuous microwave-assisted pyrolysis (CMAP), can recover 250 gallons of clean, reliable diesel fuel from 1 ton of low and high-density polyethylene, polypropylene and polystyrene plastics, also known as plastics Nos. 2, 4, 5 and 6. In addition to its unique heat source, the company says its unit is small, expanding its customer pool to smaller plastic producers.

Those potential customers include carting companies, grocery chains, nonprofits, municipalities, the military, trucking firms and other sectors, according to an American Chemical Council study in 2014.

Plastic waste is mostly free today, as firms wish to offset tipping fees (from $60 to $130/ton) at landfill sites and save transportation expense. These zero-to-low material costs can help customers scale up operations.

“Today’s plastics contain a lot of stored energy in long hydrocarbon chains that can be reclaimed, while also eliminating problems associated with disposal and pollution,” said CEO Brian Bauer, who together with Jason Tanne co-founded Resynergi in April 2015. “However, today we throw most of that latent energy locked up in plastics into the trash. Our mission is to develop evolutionary energy recovery systems designed to change that.”

Some 33.5 million tons of plastic waste are produced annually in the U.S., but only 7 percent is recycled, with most being sent to municipal landfills or shipped overseas, according to the ACC. This mountain of plastic could be worth $29 billion if converted to oil.

The U.S. alone could support 600 plastic-to-oil facilities processing 20 tons of plastic per day while creating 40,000 new jobs, according to EPA, EIA and ACC data sources.

“The recycling landscape is changing,” Bauer said. “Zero-waste initiatives by many municipalities, and the fact that China is no longer taking the world’s plastic waste, means that we must find a better way to recycle and utilize this virtually untapped resource.”

“Resynergi is focused on alternative energy production to eliminate plastic waste — a goal that addresses environmental responsibility while presenting profitable business opportunities.”

He said the per system capital investment in this energy conversion technology is about $350,000 for the equipment, with a 1.5- to three-year simple payback, given an operating energy cost of 25 cents per gallon of diesel fuel that has a market value of $2.75 or more per gallon at the pump.

The new technology reverse engineers plastics through a unique form of pyrolysis — the thermal decomposition of plastic waste without oxygen — providing up to 75 percent conversion of plastic into diesel fuel. Off gases produced during this stage can be recycled to fuel a co-generation system providing up to 50% of the energy needed to power the equipment.

This process also results in zero sulphur, good lubricity and high cetane, properties comparable to those found in commercial diesel fuels. Lubricity is a measure of the reduction in friction and/or wear by a lubricant. Cetane shortens the delay in ignition.

Resynergi designed a compact, portable unit, with higher and faster operating efficiency and low overhead requirements, capable of processing up to five tons of plastic waste per day.

“Our proprietary reactor uses microwaves to gasify melted plastic in a thermal chamber that is 10 times smaller than other systems on the market,” Bauer said. “These gases travel to a condenser where oil precipitates out and where off-gases are channeled to an oxidizer, producing water and traces of [carbon dioxide]. The entire system could fit easily into a 9-by-20-foot shipping container.”

The company completed its fourth beta test of its pilot prototype, dubbed “The Evolucient CMAP 1 Rapid Continuous Pyrolysis System,” that achieves high temperatures required for the combustion and gasification process leading to condensation of high-grade diesel fuel Nos. 1 and 2.

Angel investors have provided almost $1 million in R&D development funds to date. The company will seek series A venture capital funding during 2017.

Other sources of capital include grants from universities supporting intellectual property innovations, along with backing from the construction industry, real estate firms, asphalt companies, biomass (woodchip) producers and recycling companies.

According to Bauer, economics of scale associated with the Resynergi system can produce an 11-to-1 return on investment, given an average energy input cost and a diesel output cost. In addition, more than 11.1 kilowatt-hours of equivalent energy output are derived from this process, versus 1 kilowatt-hour on the input side.

Bauer earned a bachelor of science degree in mechanical engineering from Stanford University and attended the UCLA Anderson School of Business Management. He was vice president for sales and marketing at Santa Rosa’s TriAccess Technologies, which was acquired by TriQuint Semiconductor. Prior positions included serving as a director for telecommunications equipment marketing with Raychem, Advanced Fibre Communications (a former Petaluma company acquired by Tellabs), ADC, ALU and Motorola.

Co-founder Tanne, a former AFC country manager for Japan, discovered that this nation had several plastic-to-oil plants and wanted to bring this technology back to the U.S. He also worked with the United Nations on a video titled “Clean Up The World” that highlighted ways to reduce waste.

www.northbaybusinessjournal.com/northbay/sonomacounty/6858004-181/sonoma-resynergi-plastics-recycle-petroleum?artslide=0

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

Chad Tucker's Sequel Explores Deep Spiritual Themes

Updated Category News Views 6

An Honest Take: Faith, Growth, and Surrender A player in the world of spiritual growth literature has stepped up again, and it ain't holding back. Chad Tucker, a name perhaps familiar to folks following transformation tales soaked with faith, has released a beefy sequel to his first hit: The Lord in Us: If You Can Love an Enemy, You Can Love Anyone. Well, now he's back...

Continue Reading
Guaranteed Roof Expands with EM Exteriors through LB Capital

Updated Category News Views 5

A Bold Move to Elevate Roofing Standards In a move that seems to jolt the roofing industry awake, Guaranteed Roof is taking the wraps off its new strategic partnership with LB Capital and EM Exteriors. Think of it as a power trio aiming to redefine what roofing solutions should mean in the Southeast. It’s the kind of news that makes you sit up and ask, why now and why...

Continue Reading
Bud Ecosystem Debuts AIOS, Aims to Slash Costs

Updated Category News Views 7

AI Fragmentation Tax: Cut It Out! Look, if you think AI is all about fancy algorithms and self-learning voodoo, you're missing the plot. It's the nuts and bolts—the infrastructure—that's been bleeding enterprises dry. That's where Bud Ecosystem comes thrashing in with its Novaria AIOS. They're not just promising a tiny tune-up; they're talking slashing AI costs by a...

Continue Reading
Beetles Gel Polish Unveils Vibrant Fall Nail Carnival

Updated Category News Views 6

Beetles Gel Polish Launches Fall Nail Carnival Here comes a new twist on fall fashion, and no, it ain’t your grandma's knitted sweater. We're talking nail polish—a vibrant, flashy ordeal brought to you by Beetles Gel Polish with their Fall Nail Carnival. They're rolling out this spectacle not just for your visions of grandeur nail ideas, but for those seeking deals...

Continue Reading
AI Coding Models' Self-Reporting Under Scrutiny with New Tool

Updated Category News Views 6

Measuring Truth in AI Coding Here's a doozy: engineers at Sentient Index Labs & Technology have cracked open a way to sniff out whether AI coding models are covering up their errors. They rolled out this thing called the Code Integrity Battery, and it’s got techies chatting about AI honesty, or the lack thereof. It's not about AI writing shoddy code; that we can handle....

Continue Reading
Airswift's Strategic Acquisition Boosts U.S. Energy Presence

Updated Category News Views 6

What's Driving Airswift's Latest Expansion? Airswift just dropped a bombshell by snapping up key businesses from New Tech Global (NTG), marking a serious power move in the U.S. energy sector. Now, what does this actually mean for investors? In blunt terms: they're muscling up their contractor base by a meaty 30%. That's no small feat. It's a calculated step to ace the...

Continue Reading
Andover Audio's FreePlay: Stereo Sound Goes Portable

Updated Category News Views 7

If there's one thing I've seen grow in leaps and bounds, it's the audio world. Andover Audio’s latest move? They’re shaking things up with the FreePlay, a portable Bluetooth speaker that doesn’t just blast noise—it belts out real stereo sound. Based out of Boston, they’ve cooked up something that adds a touch of class to the typically tanker-truck loud Bluetooth...

Continue Reading
Omneky Integrates AI Growth Agent With Slack for Ads

Updated Category News Views 5

Omneky's New Move: AI Growth Agent Meets Slack Picture this: You've got a marketing team hustling in the digital age, and now they've got a new ally. Omneky, the big-wig in autonomous AI growth, has snuck its AI Growth Agent right into Slack. This isn't just a party trick during Dreamforce week in San Francisco. This is Omneky throwing another cog into the advertising...

Continue Reading
Foodcare Proves Effective in Reducing Blood Sugar Levels

Updated Category News Views 6

A New Chapter for Diabetes Care: Foodcare Folks, we've got ourselves a game-changer in the world of diabetes care. Listen closely: Foodsmart's latest study, hot off the press from the American Heart Association's Circulation, essentially hands over the blueprint for tackling type 2 diabetes in an innovative fashion. Now, I'm not the type to get all mushy over scientific...

Continue Reading
WareSpace Expands Reach With $36.5M Acquisitions

Updated Category News Views 3

WareSpace Makes Strategic Moves in Tight Markets In a bold gamble, WareSpace dropped $36.5 million to snag fresh industrial real estate in Miami Gardens, Florida, and South San Francisco, California. These aren't random picks, mind you. They're strategic grabs in markets where finding space ain't easier than winning the lottery. With more than 210 flexible units for small...

Continue Reading

Top 5 Most Recently Viewed Articles

Shareholder Investigation Updates for Altimmune and Others

Updated Category News Views 196

Investigation of Shareholder Rights Shareholders of various companies may find themselves in challenging situations where they need to understand their rights and the legal actions available to them. This article focuses on significant investigations involving four companies: Altimmune, Inc. (NASDAQ: ALT), Digimarc Corporation (NASDAQ: DMRC), Nutex Health Inc. (NASDAQ:...

Continue Reading
Bassett Furniture's Q3 Report: Restructuring Progress and Dividend

Updated Category News Views 101

Bassett Furniture Reports Third Quarter Performance Bassett Furniture Industries, Inc. (NASDAQ: BSET) recently disclosed its operational outcomes for the third fiscal quarter. During this period, the firm encountered various challenges, including a significant cyber incident that temporarily halted operations. Quarterly Financial Highlights Overall, revenues saw a...

Continue Reading
Transocean Ltd. Faces Lawsuit Over Securities Misconduct Issues

Updated Category News Views 160

Transocean Ltd. Faces Complex Legal Issues Transocean Ltd. (NYSE: RIG) is currently embroiled in a significant legal dispute that has captured the attention of its shareholder community. It's imperative for investors to understand the implications of these allegations and how they might affect their investments moving forward. This lawsuit, which recently came to light,...

Continue Reading
Impact of KOLs and DOLs: Influencing HCPs through Social Media

Updated Category News Views 178

LiveWorld, Inc. (OTC Markets: LVWD) dropped a bombshell with findings from their collaboration with Sermo on the sway of Key Opinion Leaders (KOLs) and Digital Opinion Leaders (DOLs) in the healthcare space. The survey showed that KOLs are no longer just background players—they're calling shots that directly affect prescribing behaviors among Healthcare Providers...

Continue Reading
Omada Partners with Dura Vermeer to Enhance Identity Management

Updated Category News Views 320

Omada and Dura Vermeer: A Modern Approach to Identity Management Omada A/S, a prominent player in the realm of Identity Governance and Administration (IGA), has embarked on an exciting partnership with Dura Vermeer, a family-owned construction powerhouse. This collaboration heralds a new era of streamlined identity and access management solutions that promise to transform...

Continue Reading