- CEO
- Richard W. Heddle
- Sector
- Industrials
- Industry
- Oil & Gas Refining & Marketing
- Address
- 20 Iroquois Street Niagara Falls NY United States of America 14303
- IPO Date
- Jan 23, 2008
- Business
- Plastic2Oil, Inc. (PTOI) develops and commercializes proprietary technologies that convert waste plastics and tire rubber into high-value liquid hydrocarbons, including commercial-grade fuels and specialty solvents, through its patented Plastic2Oil process. The company offers modular processing units capable of handling post-consumer plastics, mixed waste streams, and end-of-life tires to produce ultra-low sulfur diesel, naphtha, gasoline blendstocks, and other petroleum products; it also provides engineering, procurement, and construction services for plastic-to-fuel facilities, along with licensing of its technology for third-party operations. Headquartered in Vancouver, British Columbia, Canada, and founded in 2008, Plastic2Oil operates primarily in North America with expansion efforts into select international markets targeting municipal waste processors, industrial recyclers, and energy firms seeking sustainable feedstock alternatives. In recent developments, the company has pursued strategic partnerships with waste management entities to scale pilot facilities and announced advancements in process efficiency to reduce operational costs by up to 20 percent within the last year.