A company in Washington, D.C. opened a new a $5 million plant this morning that it says will annually convert 6,000 tons of plastic into nearly a million barrels of something resembling oil. The product can be blended with other components and sold as gasoline or diesel. Their proprietary process uses infrared energy converting one to the other for about $10 a barrel, he said.
Montgomery County, just north of Washington, is giving the Envion company a free supply of plastic and a spot at its waste transfer station.