Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Yes Re Plastic production. Ineos makes an interesting case for overall sustainability but says nothing about dealing with the waste:
"OUR INDUSTRY IS energy and carbon-intensive, but it is highly efficient. The products we produce and supply to other industries and society enable significant resource and energy savings; and as a consequence reduce overall greenhouse gas emissions. For every tonne of CO2 emitted during production, chemical products save two tonnes of CO2 during use.
Areas where most savings are made are transportation, heating, construction, agriculture, packaging, consumer goods, power and lighting. Our products also provide the raw materials for renewable energy technology, including wind turbines and solar panels. "
We have around 4.5x the shares that ITM does so to compare us we would be looking at around 75p, however ITM arent making money so we may push up around £1 mark in the next year or two, depending on how much we envisage to make...I wont sell any until we hit that
And of course this is a brilliant time for Ineos and other petrochem companies - feedstock prices are rock bottom but they are still producing plastic.
Plastic production is still on a rapid rise, take a look at Ineos.
That was in response to somebody else that mentioned ITM i was only comparing their rise to what we can achieve here
BTB
I do remember a TV program saying that in spite of all attempts at recycling, re purposing and seeking alternatives ,the amount of plastic being produced will be escalating to the point where these attempts will NOT decrease the amount of non recycled plastic that will spill into the enviroment. It sounded really scary. Time for PHE et al to step up to the mark!
But the COVID-19 pandemic and the resulting lockdown has led to a huge rise in the country's plastic waste. According to the Thailand Environment Institute (TEI), the average amount of plastic waste went from 2,120 tons per day in 2019 to approximately 3,440 tons per day between January and April 2020. The rise in the month of April alone was nearly 62%.
Food Delivery
https://www.ecowatch.com/thailand-plastic-coronavirus-2646114108.html
Yes, as plastic use as a percentage will decrease the total amount is increaing. The problem being more than twice as bad in developing countries . Then there is tyre waste, industrial petrochemical and more niche hospital waste and toxic waste. Finally as mentioned before.......
https://www.google.co.uk/url?sa=t&source=web&rct=j&url=https://cfnielsen.com/faq/calorific-values-for-different-raw-materials/&ved=2ahUKEwj75NKAvczpAhWOXsAKHdn4BzUQFjAQegQIBhAB&usg=AOvVaw2_thHsKDVaW0b97T2mTlqe
Stokey beat me to it.
Municipal Solid Waste, sounds much better than poop lol.
And there's also mountains of it in the oceans!
Does not rely on plastic, that is just a big problem right now.
Any carbon based material will do. Even poop.
As dsc says though plastic will be here for a long time.
Why Coca-Cola Refuses To Ban Plastic Bottles
Forbes-23 Jan 2020
Coca-Cola will not stop using plastic bottles
oldblue1973 In relation to your 16.22 post you hae to remember that plastic is only one of the possble feedstock that can be used with the DMG system. There is always end of life tyres, waste paper and cardboard and MSW.
Plastic will be here for a long time.
Only one problem it all relies on plastic but arnt we moving away from plastic to other materials so if theres no plastic............
I contacted 212 this morning as my order wasn’t going through, they said it could take up to a day.
I wanted to get in at 2.2p but I’m in at 2.6p, at the end of the day, does it matter if you’re here for the long run? It took at least an hour for my buy to go through GL
Click on contact us through the Trading212 stating your buy order isn't going through and is stuck on pending and they will put it through for you. That's what I had to do and it started working.
Omars - I'm facing the same problem. Very annoying as this is new to Trading 212 so if they can't put up then why make it an option to buy?
Mixing with tyre crumb and biomass is being discussed for third world countries' energy needs.
https://www.google.co.uk/url?sa=t&source=web&rct=j&url=https://cfnielsen.com/faq/calorific-values-for-different-raw-materials/&ved=2ahUKEwj75NKAvczpAhWOXsAKHdn4BzUQFjAQegQIBhAB&usg=AOvVaw2_thHsKDVaW0b97T2mTlqe
AND... PHE is more likely to be making a profit in the next couple of years than ITM.
No disrespect to Itm but PHE;
Is more efficient.
Is greener.
Solves landfill.
Solves plastic pollution.
Provides the cheapest hydrogen.
Provides chemical precursors for industry.
Doesn't need an outside energy source.
Can solve third world energy needs.
That's the highest volume since the huge run of 94 million on 13th February.
NEX...................................
9,174,370
PHE.............
75,428,525
I spent all afternoon last Friday trying to buy but it didn't go through with Trading212. Bought some this Monday.