Monday, October 12, 2009 6:12:39 AM
If each processor can process 50 thousand tons of plastic yearly (?), that's about $15m worth of oil sold to refineries (not assuming a premium price due to the high-grade and low-sulfur levels). So even a smattering of franchises across the country (say 20) could bring in well over $100m in revenue for JBI.
P2O makes the "50 in 5" directive for Pak-It seem like the small-time.
Does anyone else have thoughts / math on the P2O revenue once things are running full speed (say 1-2 years out)? For those of us who are long, this is hugely relevant!
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