Plastic2Oil, Inc Announces Resignation of Philip J. Bradley Resigned as Member of the Board of Directors
April 19, 2018 at 02:21 pm
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On April 14, 2018, Philip J. Bradley resigned as a member of the Board of Directors of Plastic2Oil, Inc. and from each committee of the Board, effective immediately. Mr. Bradley's decision to resign from the Board of Directors was not the result of any disagreement or dispute with the company relating to its operations, policies or practices.
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.