Vadxx has built the nation's first commercial waste plastic to EcoFuel facility in Akron, OH at a cost of $21 million and is now implementing plants worldwide.
Vadxx recycles waste plastic and produces EcoFuels (diesel, naphtha) and petrochemicals. There is enough waste plastic being disposed of in landfill for +5,000 Vadxx plants worldwide. Each plant takes in 25,000 tons/yr plastic and produces 125,000 bbls/yr of EcoFuels. Vadxx commercial plant #1 (Akron, OH; $21 mil cost) ran successful commission runs in Q3/Q4 2016 and sold its first products. $50/barrel oil makes good economic sense for Vadxx.