posted
ALSO......they passed their Stack Tests with Flying Colors........just a matter of days now for the Production Permit........AND a Major Media Event announcing JBII to the World............z
-------------------- Faster horses, yw, ow, mm. Posts: 233 | From: Palm Springs, Ca | Registered: Sep 2003
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posted
NY DEC has given JBII the go ahead to commercially produce and SELL their Diesel/Gasoline product:
THOROLD, Ontario, Dec. 15, 2010 (GLOBE NEWSWIRE) -- Today, JBI, Inc. (JBI) (OTCQX:JBII) announces that it has entered into a formal Consent Order with the New York State Department of Environmental Conservation (DEC) Region 9, which will allow the Company to immediately run its Plastic2Oil process commercially and begin construction of an additional processor at its Niagara Falls, New York P2O facility.
z
Posts: 233 | From: Palm Springs, Ca | Registered: Sep 2003
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"CC progress update must have been "not so good"...
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Didn't appear to be much there, they did not seem to get enough out of it to even get a little run, although there was quite a few shares unloaded leading to the cc and it did not drop much.
Doesn't seem to get the attention from a cc that it used to.
Can't pull a hat trick to many times, investors start to get leary.
Maybe one day they will actually post some numbers from production that will get some interest.
But i am guessing that they will need something offical to back those numbers in order to help get investors interested again.
posted
CC posted on website. They mentioned some big names implying they were some type of partner but never really said that. Sounds like they let the FL P2O team go but hired a fuel person. Nothing released about and fuel sales which IMO is why the PPS will continue to go down. Seems this whole project went public about 3-4 years to soon.
-------------------- Only ONE good stock away from retirement! Posts: 493 | Registered: May 2009
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THOROLD, Ontario, May 9, 2011 (GLOBE NEWSWIRE) -- JBI, Inc. (the "Company" or "JBII") (OTCQX:JBII) announced today that Oxy Vinyl Canada, a wholly owned subsidiary of Occidental Petroleum (NYSE:OXY - News), has agreed to purchase JBI's low sulphur heating oil for $109.80 per barrel. Low sulphur heating oil is a product of our Plastic2Oil(TM) process. Under the terms of the agreement, the first order of approximately 214 barrels of low sulphur heating oil is expected to be delivered this week.
"Today's announcement is for the sale of JBI petroleum products derived from waste plastic," said CEO John Bordynuik. "I am pleased that our green initiative has come to fruition evidenced by Oxy Vinyl's purchase."
JBI's revolutionary Plastic2Oil(TM) process converts mixed waste plastic into separated diesel, heating oil, and light naphtha fuels. Low sulphur heating oil is diesel fuel without transport additives. In Q1 2011, Bordynuik designed quality controls, fuel blending, and automatic additive injection so that the fuel produced is a final product, unlike crude oil. The agreement with Oxy Vinyl marks the company's first alternative fuel sale.
JBII used highly reputable laboratories and service providers to validate and test its Plastic2Oil(TM) process and products. This strategy has provided a long term benefit to our shareholders.
z
Posts: 233 | From: Palm Springs, Ca | Registered: Sep 2003
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posted
8-4-11: RockTenn(NYSE:RKT) Supplies Plastic to JBII:
On July 29, 2011, JBI, Inc. (“JBI” or the “Company”) and RockTenn Company (“RockTenn”) entered into a Master Revenue Sharing Agreement (the ‘Agreement”) for a ten (10) year term with an automatic 5 year renewal term.
In accordance with the terms and provisions of the Agreement, JBI has an exclusive 10-year license to the following:
1. Build and operate Plastic2Oil processors at RockTenn facilities. 2. Process RockTenn's waste plastic from paper mills and material recovery facilities (MRF). 3. Mine and process plastic feedstock from plastic-filled monofill sites. 4. Monofill sites contain years of waste plastic from mills. 5. Waste plastic from RockTenn facilities exceeds thousands of tons per day.
z
Posts: 233 | From: Palm Springs, Ca | Registered: Sep 2003
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