For investor information, contact jgarrett@vadxx.com Vadxx Energy is a high tech, recycling company that converts non-recyclable plastic into higher value energy products. Vadxx's technology offers an approach that captures the energy embedded in plastics and returns it to a useful form for society. This conversion process is an alternative for overflowing landfills as well as reducing demand for foreign energy. Vadxx produces diesel additive and other petroleum products, more profitably than any alternative, and is now implementing its first commercial units.
Vadxx has two Ohio EPA permitted sites in Ohio. Additionally, Vadxx has feedstock MOU’s signed for 160,000 tons per year of the 20,000 tons per year required at the first project in Akron, OH. Present oil prices are $100/barrel. Vadxx breakeven is less than $50/barrel. The economics for Vadxx are overwhelming. There is enough plastic feedstock just in the US for 1500 Vadxx commercial units. Unit #1 is financed ($16mil).