Meeting the Challenges
A number of challenges need to be met as we look to address issues of environmental pollution and a reliance on oil.
- Today we live in a world where mixed-waste plastic has an extremely negative impact on the health of our planet.
- As realists, we know that on a global scale the 200 million tons (200 billion kilograms) of industrial and municipal plastic finding its way into landfills each year will not be eliminated overnight. This waste stream includes the one trillion (1,000 million) plastic shopping bags which are discarded every year, worldwide – that’s nearly 2 million bags per minute or in excess of 30 thousand bags per second! Hundreds of billions of these plastic bags make their way into landfills and other waste disposal centers.
On average, plastic makes up at least 40% of all landfill volume at global municipal waste sites, with this ratio increasing to a figure in excess of 60% in some markets (e.g. areas in Thailand). As a result, this material presents as the world’s biggest environmental waste problem – in certain instances, taking up to an estimated 1,000 years to degrade.
- Our insatiable appetite for oil!
- With annual present demand for crude oil exceeding 35 billion barrels (over 100 million barrels per day), and the world`s car fleet forecast to triple by 2050, our dependence on this fossil fuel will certainly not disappear in the near term future.
A twofold crisis is unfolding – concerning issues which relate to the amount of oil and the quality of that oil. Global production volumes from conventional forms of exploration are declining (peak oil has already occurred), and the primary flow of crude internationally is of an inferior grade, coming from places beset with political, economic, and infrastructural problems, and requiring additional processing. The higher prices now unfolding are the result of the additional costs needed to extract, transport, and turn that crude into the oil products we need.
On the quality front, the age of light, sweet crude (low viscosity and low sulfur content) is certainly over. It is heavier, sourer (higher sulfur content) crude that now dominates the market. And it is more expensive to process. If we turn to unconventional sources (shale oil, oil sands, gas to liquids) to maintain the supply side of the equation, we move the costs of processing up even more. At the end of the day, these factors will directly impact on the price we pay at the pump.
THE ECI SOLUTION
- Empower local & regional based communities to embrace multi-purpose Zero Waste & Renewable Energy platforms incorporating ECI proprietary systems & technologies.
ECI systems and technologies not only reduce the volume of waste plastic either historically accumulated in or destined for landfills, but turn this energy-charged raw material resource into high-yield premium grade sweet crude oil – thus, helping to ease the burden on traditional petroleum supply channels.
Diesel and other fuels subsequently refined from the plastic derived crude oil produced by our pyrolysis conversion technology systems meet the same technical specifications, are produced at less than half the price, and are sold to the same distribution outlets (including service stations) as apply in respect to conventionally sourced transport and industrial grade product.
“ECI makes it possible to act locally, while thinking globally”