The first commercially viable, industrial-scale plastic to fuel oil generator has been successfully demonstrated in Derwood, Maryland. It turns recyclable plastic feedstock into light oil, medium oil, and emulsified oil, and at a price of about $10 a barrel.
With the ability to consume up to 10,000 tons of waste plastics a year, and the ability to turn any type of plastic back into three to five barrels of oil per ton, the Envion Oil Generator could be a boon for recycling (and turn dumps into pseudo oil fields). The technology utilizes a non-catalysed method which processes the plastic in high temperature vacuums and extracts the hydrocarbons for conversion to oil products. The system comes in 6,000-ton-per-year and 10,000-ton-per-year sizes which are both scalable, costing up to $7 million to build. Pretty neat idea if you ask us.
[Pure Green Cars]