Plastic2Oil® is a clean energy company that recycles waste plastic into liquid fuels. PTO's proprietary Plastic2Oil® technology can deliver economic and environmental benefits by replacing refined fuels and diverting waste plastic from landfills. More
In the mid-1990s, when the founder of Plastic2Oil® was working at the Ontario Legislature he began to notice a trend: an increase in plastic waste resulting from growing plastic generation ... without recycling. Thinking forward, as he so often does, he saw the seed of an enormous problem looming.
In the ensuing 15 years, the problem he foresaw has manifested. Because of the new "disposable mentality" that came with plastic containers, we now are navigating the fallout of an enormous
waste plastic problem, on a global scale. It's complex, it's far-reaching and it's intimately tied to politics and economics.
The nugget of the problem that he had been thinking about all these years was what to do with the plastic waste we now generate – in the US alone, over 31 million tons a year are generated with only approximately 8% being recycled (2010).
Over the years, there have been various solutions proposed – diversion, burning, etc.; however, nothing to date has proven to be a truly effective or environmentally responsible solution to the burgeoning global landfill problem. In fact, many existing solutions have been just the opposite: costly, energy inefficient or equally as harmful to the environment as the plastic itself. It's only now, with the
Plastic2Oil technology, that there is a solution that is not only economically viable, but that is remarkably simple and "green" as well.