Plastic 2 Oil

Article Link: http://www.plastic2oil.com/site/news-releases-master/2015/02/23/89-billion-us-annual-economic-impact-for-plastics-to-oil

Technology: Plastic2Oil http://www.plastic2oil.com/site/home

1) Issue: Energy and waste management

Reuse and recycling of plastics is growing as the preferred methods of plastics recovery. However, it is not possible to recycle all plastics. There is a tremendous amount of plastic waste that ends up in landfill and in the oceans. In the U.S. only 8% of the generated plastic waste is recycled.

Plastic waste US

2) Summary:

  • Plastic2Oil is an American fuel company that transforms unsorted, unwashed plastic waste into clean, low sulfur fuel.
  • The process is commercially viable and scalable, and provides immediate economic benefit for industry, communities and government organizations with waste plastic recycling challenges.
  • The U.S. could support as many as 600 Plastic2Oil facilities, which would generate 38,900 jobs and $8.9 billion in economic output from operations.

Plastics

3) Stakeholders:

  • Plastic industry
  • Local government
  • Energy/fuel companies
  • Consumers of plastics
  • Waste management and recycling companies
  • Local communities that can receive economic and environmental benefits

4) Steps for Deployment:

  • Identify locations with high amounts of plastic waste.
  • Scale up the processing of plastic waste to clean fuel throughout the US, and around the world. Developing countries will especially benefit, as their waste management systems are less developed and there is great need for alternative clean fuel.
  • Develop a monitoring and evaluation system to track the positive benefits of converting plastic waste to clean fuel, including reduced emissions, reduced total waste in landfills and the ocean.
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4 thoughts on “Plastic 2 Oil

  1. I like that this technology keeps plastic waste out of landfills where it will have zero benefit for us. Hopefully, the ease of use for consumers of plastic goods will encourage individuals to utilize the technology and collection of plastics that might otherwise find its way to the landfill or waterways.

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  2. Wow, what a great advancement in the world of plastic recycling. Since plastic can only ever be downcycled, even if all plastics were recycled (which they are not, only 8% are), then eventually all plastics will reach a point where they can no longer be recycled and must be disposed of. Instead, this new technology provides a new solution to downcycled plastic. Additionally, there is an added benefit that the plastics going into this technology do not need to be washed or sorted–both of which are labor and energy intensive processes and often the reason that many plastics don’t get recycled to begin with. One thing to note, however, is that this solution, in my opinion, should focus on lower grade plastics, so that higher grade plastics can still be recycled a few times before they are converted to oil.

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  3. What a practical approach. So much of what we consume is encased in plastic or made from plastic. Nice to see a concerted effort to intercept as much recyclable plastic as possible and turn it into useful oil.

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