We will enjoy a substantial competitive edge:
- Very low raw material costs. In some cases, we are paid to
accept raw materials.
- No external energy required to convert plastic to oil.
- Our process footprint requires less than 500 sqft.
- Our process is easily clustered throughout communities to
reduce overall operations and transportation costs.
- Our Plastic2Oil processor costs less than $200,000 to
build.
Biodiesel companies do not present competition due to their high
operating costs, high cost of raw materials, and the energy
requirements by their process. Biodiesel processes all depend
greatly on other commodities and energy prices.
In particular biodiesel producers (algae, animal fat, etc...)
have the following challenges:
- High energy requirements.
- Very poor energy return.
- As oil prices rise, biodiesel won't necessarily become more
viable.
- Large biodiesel plants incur high transportation costs of raw
and processed materials.
- Algae biodiesel presently costs $32/gallon to produce.
- Biodiesel factories are heavily dependent on commodity prices
of raw materials and energy prices.
- Causes a strain of some available foods to the general
population.
We do not consider individuals producing small amounts of biodiesel
competitors.