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Forget the Saudis. Check this out… “In its latest report, Economic Impact of Plastics-to-Oil Facilities in the U.S., the American Chemistry Council (ACC) explored the potential impact that building plastics-to-oil (PTO) facilities in the U.S. could have on economic output and job creation. The report concluded that the U.S. could support as many as 600 PTO facilities depending on the production characteristics and size of each facility, generating:
Up to 38,900 jobs supported by new PTO operations.
8,800 would be directly employed by the facilities.
An additional 17,200 jobs would be in supply chain industries that are related to the plastics recovery industry and supporting the facilities.
Another 12,900 payroll-induced jobs would be supported by the spending of the earnings of workers in new PTO plants and throughout the supply chain.
$2.1 billion in annual payrolls generated by PTO facilities.
$6.6 billion in capital investment by the plastics-to-oil industry to build new facilities.
$8.9 billion in U.S. economic output from PTO operations.
$3.7 billion related to increased oil production.
$5.2 billion in additional supplier and payroll-induced impacts.
$18.0 billion of economic output during the investment phase.

To read the full article, please go to: http://plastics.americanchemistry.com/Stand-Alone-Content/Economic-Impact-of-Plastics-to-Oil-Facilities.pdf