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Pastimes : Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna

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From: PaperProphet	9/15/2019 12:26:21 PM
	of 53574

Looks like Vadxx fell off the face of the earth. Their website is still up but it doesn't look like it was updated for a bit over two years. About five years ago Vadxx built a plant with a $20M investment by Liberate Capital...which lived up to its name and liberated $20M in capital, setting that money free from the confines of investors' wallets. Vadxx announced the plant up and ready to run...and then seemed to quietly vanish. I guarantee that plant hasn't been run for any length of time and is likely abandoned today. Liberate should have contacted me--I could have saved their investors $20M in a five minute conversation. Plastic2Oil Inc has broken pyrolysis processors which they're telling investors they're trying to sell and has had two sham agreements, with each sham agreement spanning about three years before vanishing. Sustane Technologies seems to have shifted to wanting to sell PK Clean pyrolysis units and still is marketing themselves. PK Clean recently changed its name to Renewlogy and their biggest project seems to be with Sustane trying to market the pyrolysis units. Sort of a symbiotic relationship where neither seems to bring anything to the table. Agilyx is made the shift to Styrofoam and, not surprisingly, doesn't seem to be making any headway. Apparently Purdue University is developing a plastic to fuel process...because either groupthink or an aversion to math. There are probably half a dozen or a dozen other start ups wanting to convert plastic to fuel...extending the three or four decade long string of start ups which have already run headlong into the exact same math brick wall. Someone should spend some time putting together a book on why their attempt at plastic to fuel failed to save investors all over the world literally another billion dollars over the next decade. Undoubtedly many more plastic to fuel start ups will continue repeat the failures and continue to cost investors their money. However the saying goes that failure is an orphan...and that orphan doesn't want to write an autobiography.

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