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Plastic2Oil entered into an agreement with Nulixo on October 2, 2019, appointing Plastic2Oil as the exclusive supplier of plastic to oil processors for 20 years. Nulixo agreed to purchase at least eight processors over three years, with an initial order of two processors for $6 million.
“The Buyer agrees to purchase at least eight (8) processors over a period of three (3) years, and at least one (1) to be ordered upon the effectiveness of the Agreement.”marketscreener.com
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