Tuesday, October 19, 2010 11:29:27 AM
Learn More About Plastic2Oil...
Company. Overview.
Initially, the JBI business lines appear unrelated. Precisely the opposite is true. We are organically growing our enterprise and expanding our boundaries to include technologies that support our goals.
JBI was born out of the innovation of our founder, John Bordynuik. John's data recovery and restoration process has provided JBI access to valuable engineering discoveries dating back to the 1950's. Applying this process to his personal data library, John recovered the formula for the catalyst that renders the JBI Plastic2Oil (P2O) process efficient and economically viable.
While planning for the build-out of P2O, JBI acquired JAVACO, a telecommunications infrastructure company. With a strong presence in Central and South America, JAVACO will allow for the rapid expansion of P2O in these markets. Additionally, JAVACO will provide important protection for JBI's P2O intellectual property.
In Q3 of 2009 JBI acquired PAK-IT for the high-potential product portfolio and to serve as manufacturer of the P2O catalyst. PAK-IT technology will allow the P2O catalyst to be distributed in pre-measured quantities. Concurrently, JBI is enhancing PAK-IT's original product lines and expanding into the retail sector. JBI will promote the new PAK-IT retail launch using media credits secured in the JAVACO acquisition.
Our Story.
John Bordynuik Inc. (JBI) was incorporated on February 10, 2006. But for John Bordynuik, President and CEO of JBI, his dream business began long before that.
Bordynuik has spent his entire life learning everything there is to know about computer hardware and software. As a child, his preferred toys consisted of computer hardware donated to him from technology leaders like Honeywell, IBM and Digital Equipment Corporation. Along with these systems, he was given manuals, schematics and operations guides. He absorbed it all, relentless to learn, hungry for more.
As he grew up, Bordynuik continued to absorb and adapt the information he acquired. Drawn to Toronto, he delved into Research and Development for the Ontario Government and became the youngest person to ever work at Queen's Park.
Bordynuik spent the next 10 years learning about politics and business in the public sector. During this time, he traveled the continent, adding to the "big iron" collection he had begun in his youth. This extensive archive of original mainframes, super computers and tapes from the 1950s to the 1970s included a 1972 PDP11/35. While using this computer as a demonstrative tool on eBay, Bordynuik captured the attention of some of the computer industry's major players.
Bordynuik found his niche, using Harvard tapes to design hardware and software to recover the "Holy Grail" of software, which had been lost by the founders of the largest software company in the world. He worked hard, applying his knowledge of analog and digital electronics and tape tribology, and was sought out by the founders of a number of other large corporations for restoration and recovery of their lost and damaged media.
In 2004, the Massachusetts Institute of Technology (MIT) discovered Bordynuik and asked him to try where so many others had failed before, by attempting to read more than two-dozen tons of tapes that had been recorded by the venerable institution between the 1960s and 1995.
When Bordynuik was asked to present his theories and processes to the key faculty at MIT's Computer Science and Artificial Intelligence Laboratory (CSAIL), they were so impressed by his innovation and knowledge that they invited him to join their Math and Computation Group as a Collaborative Researcher.
Inspired by his success, Bordynuik incorporated John Bordynuik Inc.
NASA, who remains one of JBI's most loyal clients, soon contracted JBI to recover valuable earth science sensor data that had been recorded from the 1960s to 2000. By recovering this previously unreadable data from the 7- and 9-track tapes on which it was stored, JBI also helped to solve a major scientific data storage problem for NASA. Bordynuik was able to successfully migrate the data from their reel-to-reel tapes to modern media, amalgamating 200,000 tapes onto one hard disk array. In 2008, NASA awarded JBI with sole-sourced status, meaning that NASA will only award its data recovery business to JBI in the future.
JBI maintains an ongoing relationship with both NASA and MIT, helping the institutions with all of their data recovery and management needs that arise. In the three years since its inception, JBI has built a strong reputation in legacy data recovery while also completing recovery projects for the United Nations (UN), the Ontario Provincial Government, and many other institutions and Fortune 100 companies and their founders.
Objective
Our main objective is to mine and monetize legacy intellectual property that couldn't be commercialized decades ago due to costs or technological limitations at that time. This IP is mined from old data archives and was saved on old computer backup tapes that have been unreadable until recently. Our present objectives are to identify the "gold nuggets" in the old data and commercialize the solutions into modern products and services.
The Plastic2Oil Advantage
• Unlike existing plastic-to-oil operations, JBI's process accepts raw unwashed, mixed plastics.
• The output from the laboratory processor was evaluated by an independent lab and passed ASTM testing.
• Minimal external energy required
• Processor footprint requires less than 500 square feet (46 square meters)
• Approximately one litre of oil is extracted for every kilogram of plastic
• Continuous feeding of plastic optimizes production output
Plastic to Oil
A solution to the world's plastic recycling problem
JBI's P2O process accepts mixed sources of non-recyclable plastic. Many feedstock sources are available although we are focusing initially on post-commercial sources since they are readily available in large supply and it is a cost-effective solution for companies who currently have to pay to have these sources of waste disposed of.
To most efficiently load the processor, the feedstock is passed through a shredder and granulator. The hopper is loaded with approximately 1800 pounds of waste plastic. The waste plastic is loaded into the processor by a continuous conveyor between the hopper and reactor. The plastic is passed into the processor chamber where it is heated using off-gas from the light fractions stored in the gas compression system.
In the reactor, the plastic hydrocarbons are cracked into various shorter hydrocarbon chains and exit in a gaseous state. Any residue or non-usable substances remain in the processor chamber and must be removed periodically. From the processor, the gasses containing gasoline and diesel are condensed into a temporary fuel tank. Additional light fractions, called off-gas, such as methane, ethane, butane and propane, exit the temporary fuel storage tank and are compressed and stored. Butane and propane liquefy when compressed and can be stored and sold separately. The remaining off-gas is cycled back to the furnace, which heats the reactor.
The fuel output is transferred to tankers for storage automatically by the system. An automation system controls the conveyor feed rate, manages system temperatures and the off-gas compression system, as well as periodically pumping out the newly created fuel in the temporary work tank to an oil tanker outside the building.
The entire cycle for one 1800 pound load takes less than one hour.
Important Facts
• Approximately one liter of oil is extracted from a kilogram of plastic.
• The gas emitted (a by-product) provides the energy necessary to fuel the process.
• Due to a catalyst (trade secret) and a highly optimized process, oil can be extracted in 4 hours from a large source of raw unwashed, mixed plastics.
• The process can be highly automated.
Plastic2Oil: Why Us
JBI Inc. is a global technology leader whose purpose is to mine data from the world's largest information archive, find under-productive entities to inject our superior proprietary technologies into, and enjoy increased productivity and profitability. One such technology is Plastic2Oil®, a process that extracts fuel from plastic.
JBI's President/CEO, John Bordynuik, has been recovering planetary and sensor data from old magnetic media for various government and institutional archives for more than 20 years, amassing the world's largest solution and algorithm archive. The Company has access to terabytes of normalized earth sensor data (heat budget, solar radiation, gravitational, magnetic, and vibration information), algorithms, massive research archive, and other related information. John Bordynuik has recovered some of the most sensitive data in the World.
The Company will commence operations with Plastic2Oil, a service that extracts fuel from plastic.
While mining through the research archive, John Bordynuik found the solution to a process involving breaking down plastic molecules. Bordynuik had explored this in the past but there was no research available at that time to solve the catalyst problem. This research was conducted when plastic was in its infancy and oil prices were very low. It appears the research was conducted for non-commercial purposes and had no commercial value at the time. Our research has revealed that this process and catalyst is not used presently. By integrating this technology into a large batch processor we can accomplish the goal.
Business Model:
"We will soon be well-positioned to grow this profit center by clustering Plastic2Oil processors in communities while enjoying the benefits of reduced fixed costs through shared resources." --John Bordynuik, CEO, JBI, Inc.
Advantages of our Business Model:
• Standardized installation, documentation, and maintenance.
• Shared fixed costs amongst a cluster of processors.
• Realized economies of scale and scope.
• Reduced energy costs to transport raw material to many local sites as opposed to a single large facility.
• Predictable revenues and stable growth.
• Financed growth by a variety of creative financing techniques such as joint ventures and licensing agreements.
• Growth and business stability through the strategic placement of processors in industrial areas with a high volume of recycling activity and large population base such as Philadelphia, Tampa Bay and Miami based on exclusive operating agreements
Advantages of our Plastic2Oil Machines:
• Low cost, our machines cost under $200,000 each compared to $3,000,000 - $5,000,000 per machine of other competitors
• Extremely low energy consumption. Unit operates off of its own off-gases created by the plastic cracking process
• Our catalyst (trade secret) greatly decreases conversion time and increases yield
Competitive Edge
Plastic2Oil
We will enjoy a substantial competitive edge:
• Very low raw material costs. In some cases, we are paid to accept raw materials.
• No external energy required to convert plastic to oil.
• Our process footprint requires less than 500 sqft.
• Our process is easily clustered throughout communities to reduce overall operations and transportation costs.
• Our Plastic2Oil processor costs less than $200,000 to build.
Biodiesel
Biodiesel companies do not present competition due to their high operating costs, high cost of raw materials, and the energy requirements by their process. Biodiesel processes all depend greatly on other commodities and energy prices.
In particular biodiesel producers (algae, animal fat, etc...) have the following challenges:
• High energy requirements.
• Very poor energy return.
• As oil prices rise, biodiesel won't necessarily become more viable.
• Large biodiesel plants incur high transportation costs of raw and processed materials.
• Algae biodiesel presently costs $32/gallon to produce.
• Biodiesel factories are heavily dependent on commodity prices of raw materials and energy prices.
• Causes a strain of some available foods to the general population.
We do not consider individuals producing small amounts of biodiesel competitors.
http://www.plastic2oil.com/
Company. Overview.
Initially, the JBI business lines appear unrelated. Precisely the opposite is true. We are organically growing our enterprise and expanding our boundaries to include technologies that support our goals.
JBI was born out of the innovation of our founder, John Bordynuik. John's data recovery and restoration process has provided JBI access to valuable engineering discoveries dating back to the 1950's. Applying this process to his personal data library, John recovered the formula for the catalyst that renders the JBI Plastic2Oil (P2O) process efficient and economically viable.
While planning for the build-out of P2O, JBI acquired JAVACO, a telecommunications infrastructure company. With a strong presence in Central and South America, JAVACO will allow for the rapid expansion of P2O in these markets. Additionally, JAVACO will provide important protection for JBI's P2O intellectual property.
In Q3 of 2009 JBI acquired PAK-IT for the high-potential product portfolio and to serve as manufacturer of the P2O catalyst. PAK-IT technology will allow the P2O catalyst to be distributed in pre-measured quantities. Concurrently, JBI is enhancing PAK-IT's original product lines and expanding into the retail sector. JBI will promote the new PAK-IT retail launch using media credits secured in the JAVACO acquisition.
Our Story.
John Bordynuik Inc. (JBI) was incorporated on February 10, 2006. But for John Bordynuik, President and CEO of JBI, his dream business began long before that.
Bordynuik has spent his entire life learning everything there is to know about computer hardware and software. As a child, his preferred toys consisted of computer hardware donated to him from technology leaders like Honeywell, IBM and Digital Equipment Corporation. Along with these systems, he was given manuals, schematics and operations guides. He absorbed it all, relentless to learn, hungry for more.
As he grew up, Bordynuik continued to absorb and adapt the information he acquired. Drawn to Toronto, he delved into Research and Development for the Ontario Government and became the youngest person to ever work at Queen's Park.
Bordynuik spent the next 10 years learning about politics and business in the public sector. During this time, he traveled the continent, adding to the "big iron" collection he had begun in his youth. This extensive archive of original mainframes, super computers and tapes from the 1950s to the 1970s included a 1972 PDP11/35. While using this computer as a demonstrative tool on eBay, Bordynuik captured the attention of some of the computer industry's major players.
Bordynuik found his niche, using Harvard tapes to design hardware and software to recover the "Holy Grail" of software, which had been lost by the founders of the largest software company in the world. He worked hard, applying his knowledge of analog and digital electronics and tape tribology, and was sought out by the founders of a number of other large corporations for restoration and recovery of their lost and damaged media.
In 2004, the Massachusetts Institute of Technology (MIT) discovered Bordynuik and asked him to try where so many others had failed before, by attempting to read more than two-dozen tons of tapes that had been recorded by the venerable institution between the 1960s and 1995.
When Bordynuik was asked to present his theories and processes to the key faculty at MIT's Computer Science and Artificial Intelligence Laboratory (CSAIL), they were so impressed by his innovation and knowledge that they invited him to join their Math and Computation Group as a Collaborative Researcher.
Inspired by his success, Bordynuik incorporated John Bordynuik Inc.
NASA, who remains one of JBI's most loyal clients, soon contracted JBI to recover valuable earth science sensor data that had been recorded from the 1960s to 2000. By recovering this previously unreadable data from the 7- and 9-track tapes on which it was stored, JBI also helped to solve a major scientific data storage problem for NASA. Bordynuik was able to successfully migrate the data from their reel-to-reel tapes to modern media, amalgamating 200,000 tapes onto one hard disk array. In 2008, NASA awarded JBI with sole-sourced status, meaning that NASA will only award its data recovery business to JBI in the future.
JBI maintains an ongoing relationship with both NASA and MIT, helping the institutions with all of their data recovery and management needs that arise. In the three years since its inception, JBI has built a strong reputation in legacy data recovery while also completing recovery projects for the United Nations (UN), the Ontario Provincial Government, and many other institutions and Fortune 100 companies and their founders.
Objective
Our main objective is to mine and monetize legacy intellectual property that couldn't be commercialized decades ago due to costs or technological limitations at that time. This IP is mined from old data archives and was saved on old computer backup tapes that have been unreadable until recently. Our present objectives are to identify the "gold nuggets" in the old data and commercialize the solutions into modern products and services.
The Plastic2Oil Advantage
• Unlike existing plastic-to-oil operations, JBI's process accepts raw unwashed, mixed plastics.
• The output from the laboratory processor was evaluated by an independent lab and passed ASTM testing.
• Minimal external energy required
• Processor footprint requires less than 500 square feet (46 square meters)
• Approximately one litre of oil is extracted for every kilogram of plastic
• Continuous feeding of plastic optimizes production output
Plastic to Oil
A solution to the world's plastic recycling problem
JBI's P2O process accepts mixed sources of non-recyclable plastic. Many feedstock sources are available although we are focusing initially on post-commercial sources since they are readily available in large supply and it is a cost-effective solution for companies who currently have to pay to have these sources of waste disposed of.
To most efficiently load the processor, the feedstock is passed through a shredder and granulator. The hopper is loaded with approximately 1800 pounds of waste plastic. The waste plastic is loaded into the processor by a continuous conveyor between the hopper and reactor. The plastic is passed into the processor chamber where it is heated using off-gas from the light fractions stored in the gas compression system.
In the reactor, the plastic hydrocarbons are cracked into various shorter hydrocarbon chains and exit in a gaseous state. Any residue or non-usable substances remain in the processor chamber and must be removed periodically. From the processor, the gasses containing gasoline and diesel are condensed into a temporary fuel tank. Additional light fractions, called off-gas, such as methane, ethane, butane and propane, exit the temporary fuel storage tank and are compressed and stored. Butane and propane liquefy when compressed and can be stored and sold separately. The remaining off-gas is cycled back to the furnace, which heats the reactor.
The fuel output is transferred to tankers for storage automatically by the system. An automation system controls the conveyor feed rate, manages system temperatures and the off-gas compression system, as well as periodically pumping out the newly created fuel in the temporary work tank to an oil tanker outside the building.
The entire cycle for one 1800 pound load takes less than one hour.
Important Facts
• Approximately one liter of oil is extracted from a kilogram of plastic.
• The gas emitted (a by-product) provides the energy necessary to fuel the process.
• Due to a catalyst (trade secret) and a highly optimized process, oil can be extracted in 4 hours from a large source of raw unwashed, mixed plastics.
• The process can be highly automated.
Plastic2Oil: Why Us
JBI Inc. is a global technology leader whose purpose is to mine data from the world's largest information archive, find under-productive entities to inject our superior proprietary technologies into, and enjoy increased productivity and profitability. One such technology is Plastic2Oil®, a process that extracts fuel from plastic.
JBI's President/CEO, John Bordynuik, has been recovering planetary and sensor data from old magnetic media for various government and institutional archives for more than 20 years, amassing the world's largest solution and algorithm archive. The Company has access to terabytes of normalized earth sensor data (heat budget, solar radiation, gravitational, magnetic, and vibration information), algorithms, massive research archive, and other related information. John Bordynuik has recovered some of the most sensitive data in the World.
The Company will commence operations with Plastic2Oil, a service that extracts fuel from plastic.
While mining through the research archive, John Bordynuik found the solution to a process involving breaking down plastic molecules. Bordynuik had explored this in the past but there was no research available at that time to solve the catalyst problem. This research was conducted when plastic was in its infancy and oil prices were very low. It appears the research was conducted for non-commercial purposes and had no commercial value at the time. Our research has revealed that this process and catalyst is not used presently. By integrating this technology into a large batch processor we can accomplish the goal.
Business Model:
"We will soon be well-positioned to grow this profit center by clustering Plastic2Oil processors in communities while enjoying the benefits of reduced fixed costs through shared resources." --John Bordynuik, CEO, JBI, Inc.
Advantages of our Business Model:
• Standardized installation, documentation, and maintenance.
• Shared fixed costs amongst a cluster of processors.
• Realized economies of scale and scope.
• Reduced energy costs to transport raw material to many local sites as opposed to a single large facility.
• Predictable revenues and stable growth.
• Financed growth by a variety of creative financing techniques such as joint ventures and licensing agreements.
• Growth and business stability through the strategic placement of processors in industrial areas with a high volume of recycling activity and large population base such as Philadelphia, Tampa Bay and Miami based on exclusive operating agreements
Advantages of our Plastic2Oil Machines:
• Low cost, our machines cost under $200,000 each compared to $3,000,000 - $5,000,000 per machine of other competitors
• Extremely low energy consumption. Unit operates off of its own off-gases created by the plastic cracking process
• Our catalyst (trade secret) greatly decreases conversion time and increases yield
Competitive Edge
Plastic2Oil
We will enjoy a substantial competitive edge:
• Very low raw material costs. In some cases, we are paid to accept raw materials.
• No external energy required to convert plastic to oil.
• Our process footprint requires less than 500 sqft.
• Our process is easily clustered throughout communities to reduce overall operations and transportation costs.
• Our Plastic2Oil processor costs less than $200,000 to build.
Biodiesel
Biodiesel companies do not present competition due to their high operating costs, high cost of raw materials, and the energy requirements by their process. Biodiesel processes all depend greatly on other commodities and energy prices.
In particular biodiesel producers (algae, animal fat, etc...) have the following challenges:
• High energy requirements.
• Very poor energy return.
• As oil prices rise, biodiesel won't necessarily become more viable.
• Large biodiesel plants incur high transportation costs of raw and processed materials.
• Algae biodiesel presently costs $32/gallon to produce.
• Biodiesel factories are heavily dependent on commodity prices of raw materials and energy prices.
• Causes a strain of some available foods to the general population.
We do not consider individuals producing small amounts of biodiesel competitors.
http://www.plastic2oil.com/
...this kind of technology is an economic and environmental game changer
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