“You could tap this right now and this is ready to go. That’s a number six fuel, that’s what a lot of like US Steel uses, a lot of major companies, that’s what they pay the big bucks for, right there.”
JBI produces several thousand liters of fuel a day. It creates different grades of fuel for different industries. It sells the fuel for up to one hundred dollars a barrel. Each barrel costs about ten dollars to produce.
John Bordyniuk believes plastics will become an important source of fuel for the United States. He says this will reduce the country’s dependence on foreign oil and reduce the amount of plastic waste in its landfills.
Scientists say plastic-to-oil technology is still new and developing. They say it is not yet known if the process is environmentally friendly. And some question whether turning plastic into oil can even be considered “recycling.”
Carson Maxted is with the publication Resource Recycling, a magazine that reports on the plastic recycling industry. He says because there is a lot of plastic waste and a great demand for oil, JBI’s recycling technology may create great changes in both industries.
“So they’re getting value from something that would otherwise go to the landfill, things that wouldn’t be accepted into a recycler.”
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