Thursday, May 13, 2010

Numbers Sure to Get Your Attention

For over a year I have been writing about the effectiveness of the MOP Maximum Oil Pickup product. About 6 months ago I become associated with the company, coming aboard first as a consultant to assist them in recovering the company from a failed merger and helping craft a new business model and strategies for growth including a revised business plan and short and long-term strategic plans; and now as Vice President for Business Development and Innovation as well as the company spokesman. For that reason I am no longer a disinterested party - though I certainly was when I first began writing enthusiastically about the company.


If MOP Loose Sorbent were allowed for the Gulf Oil Spill Cleanup

Figures are per 75,000 gallons of cleanup
Polypropylene Booms 8" x 10' vs. MOP Sorbent

Required to Absorb 75,000 Gallons Oil
MOP loose sorbent: 1 Container (1,000 20lb bags)
Polypropylene Booms: 23,047, 8" x 10' booms

People Needed to do the Work (placing booms and picking up booms)
MOP loose sorbent: 5 People working 4 hours
Polypropylene Booms: 994 working 8 hours

Cost of Labor per Day
MOP loose sorbent: 5 People working 4 hours= $540.00
Polypropylene Booms: 994 working 8 hours=$214,704

Cost of material
1 Container MOP loose sorbent: $32,000
3,076 Polypropylene Booms: $865,350

Oil Recovery @40/barrel
MOP loose sorbent: $64,772
Polypropylene Booms: 0*

Labor + Materials
MOP loose sorbent: $33,050
Polypropylene Booms: $972,702

Labor + Materials
MOP loose sorbent: $33,050
Polypropylene Booms: $972,702

Net Cost Labor, Materials & Recovery
MOP loose sorbent: 0 (oil recovery more than offsets costs)
Polypropylene Booms: $972,702

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