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Gold/Mining/Energy : Global Energy Inc.

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Dec 14 3:00 PM EDT

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From: donpat	10/30/2014 3:42:30 PM
	of 134

ACC study shows plastics to oil could be a $9 billion industry Report indicates U.S. could support 600 pyrolysis facilities. OCTOBER 9, 2014 Wide-scale deployment of emerging technology that converts used, nonrecycled plastics into oil could generate up to $9 billion in annual U.S. economic output and create upwards of 40,000 domestic jobs, according to a report released by the American Chemistry Council (ACC), Washington. The report, “ Economic Impact of Plastics-to-Oil Facilities in the U.S.,” assessed the economic potential of a rapidly developing technology called pyrolysis—more commonly known as plastics-to-oil. ACC’s analysis found that the United States could support as many as 600 of these facilities nationwide, which could yield $2.1 billion in annual payroll and create up to $6.6 billion in capital investment. LINK

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