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Re: None

Friday, 06/17/2011 8:03:28 AM

Friday, June 17, 2011 8:03:28 AM

Post# of 312016
According to JBi’s website – “Approximately one liter of oil is extracted from every kilogram of plastic and continuous feeding of plastic optimizes the production output”

http://www.plastic2oil.com/

With two processors that are currently capped at 2,000 pounds per hour each (per the air permit) , running 24/7 = 2,000x2x24x365 = 35,040,000 pounds per year

35,040,000 = 15,893,876kg x.69 per liter = $10,966,774 in gross revenue for two processors at the Niagara Falls plant.

With three processors, using the current annual waste receipt limit of 19,500 tons.

19,500 tons x 2000 lbs per = 39,000,000 pounds = 17,690,102.43kg according to John approximately one Kg of plastic = 1 liter of oil.

Recently received .69 per liter x 17,690,102kg = only $12,206,170 in gross revenue for 3 processors at the Niagara falls plant.