Plastic2Oil, Inc. announced that effective October 12, 2017, the Board of Directors has increased in size from two to four members, with the newly created seats filled by Mr. Jason C. Aspin and Mr. Lee C. Brain. Jason C. Aspin is the Chief Executive Officer and Chief Technology Officer of Aspin Kemp & Associates, a Canadian technology company providing innovation and solutions to marine and land-based power, energy and power-to-process applications. Lee C. Brain is the owner and operator of Hess Millwork, a custom commercial cabinetry manufacturing business that services architectural and commercial construction firms.
Plastic2Oil, Inc. is a technology development and licensing company. The Company has developed technology, which converts waste plastic into ultra-clean, ultra-low sulfur fuel products through its plastic-to-oil (P2O) process. It has constructed various fully operational P2O processors to demonstrate its technology and process to potential customers. The Company provides its solutions through its processors and technologies. The Companyâs primary offering is its Plastic2Oil (P2O) solution, which is its process that converts waste plastic into fuel through a series of chemical reactions (P2O business). It is a combination of its own technologies and processes developed by P2O, which convert waste plastics into fuel. The Company has three processors at its Niagara Falls, NY facility. Its subsidiaries include Plastic2Oil of NY #1, LLC, Plastic2Oil (Canada) Inc., JBI RE#1, Inc. and Plastic2Oil RE ONE, Inc.
PLASTIC2OIL, INC. 