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Utah

Utah firm making crude oil from discarded plastic

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  • arand Huntsville, u
    March 19, 2014 5:36 p.m.

    It will catch on if there is profit in it. I know it is hard to understand for some, but profit is a good thing. Without profit, there is no motivation. Greed is what kills everything though. It is possible to have huge profits without greed but it takes some good moral values.

  • DVD Taylorsville, 00
    March 19, 2014 10:02 a.m.

    This is a great path for innovation. I'd also heard of a process that converted food waste to petroleum products. Are any of those present in Utah? I love hearing about all of these types of amazing developments.

  • samhill Salt Lake City, UT
    March 18, 2014 9:22 p.m.

    "The startup is achieving enviable profit margins, producing a barrel of oil for $25 to $30 that is sold to local refineries for about $100."
    -----------------------

    Sounds terrific!

    At about a 300% profit margin (at current oil prices) it would seem they've got a pretty viable process. I hope they're able to scale it up and can make a go of it.

  • TiCon2 Cedar City, UT
    March 18, 2014 8:40 p.m.

    What a wonderful use of talent, creativity, and the will to help others instead of only thinking of yourself. Let's hope this catches on worldwide!