"Scandle34" comments on P2O "validation"

The products sold at the pump must pass a well defined series of tests. These include viscosity, conductivity, density, pour point, flash point, crackle test, sulfur content, etc. These are periodic tests that can be performed at the blending facility.

To become end use products, the "near diesel" must be separated into gas, kerosene, jet, and diesel fuel fractions and each fraction must have the proper additives (dyes, conductivity modifiers, stabilizers, detergents, etc.) added and then be tested as above. They claim they can do the separations at the blending facility.

These steps add $1/gallon to the selling price but incur nearly that in tax burdens and process costs.

They can sell the raw product above WTI with minimal testing burden or further "validation". Everything above is the 100 year old technology.

The "validation" of the process has been geared to getting investors to believe in it, getting a handle on real operational parameters for cost modeling, and getting air permits. This is the plastic to oil technology that has 40+ years of development history and is marginally market-ready in competing forms. Either we have something better or we are only incrementally closer. "Validation" suggests we have something better.