The deal with JBII is very simple:
1. Their P2O processor works great. 20+ Tons of plastic can be processed in a day resulting in approx 130 barrels of fuel. Fully 99% of the plastic waste processed results in high grade diesel/gasoline and Natural Gas/Butane.
2. The stack test has shown that the process is green, with very low emissions.
3. They have one running processor and 2 more nearing completion.
4. At this time, the only thing required for full production to commence is an air permit, and either a Beneficial Use Determination (BUD) on the plastic coming in, or a solid waste permit for that plastic. Seems like a no brainer that they will qualify for the BUD with ease, and that application is already being processed.
Bottom Line: JBII is a great company, doing a wonderful service for the planet, and about to generate significant revenues. It will be interesting when main stream media picks up on this.
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