JBI, Inc. Receives Air Permit Exemption 12/15 03:10 PM
THOROLD, Ontario, Dec. 15, 2011 (GLOBE NEWSWIRE) -- JBI, Inc. (JBII:$1.29,00$-0.11,00-7.86%) (the "Company") (OTCQX:JBII) is pleased to announce it has received an exemption from air permitting by the environmental protection agency in the state where the initial Rock-Tenn Company ("RockTenn") Plastic2Oil® ("P2O") site is being constructed.
During September 2011, the Company proposed and submitted an application for exemption of an Air permit and met with several of the state's environmental engineers. The Company also presented before the environmental committee, which was composed of citizens, environmental engineers and permit engineers.
The permit determination for the first facility was issued Tuesday, December 13, 2011. The environmental permit authority made the determination that this facility does not need an air permit and that the proposed project will comply with all applicable local, state and federal air pollution regulations.
Additionally, the Company will not require a Waste permit, because the plastic being processed is already located on-site.
The permit authority requested that a stack test be conducted on the first P2O processor installed in its jurisdiction.
This permit exemption was determined prior to the recent stack test performed on the P2O processor by Conestoga Rovers & Associates on December 5-6, 2011, which produced results showing emissions decreased with increased plastic feed rates; further validating that the P2O process is highly "green," clean and scalable.
"The extra time we took to make enhancements to our processor during Q2 and Q3 to maximize its efficiencies and reduce emissions is now starting to pay dividends as we expand into other states," stated CEO John Bordynuik.
The Company is excited about the next stage of this project, which includes securing permits for construction and operation of this site.
About JBI, Inc. (JBII:$1.29,00$-0.11,00-7.86%)
JBI, Inc. (JBII:$1.29,00$-0.11,00-7.86%) is a domestic alternative Oil and Gas company. JBI, Inc. (JBII:$1.29,00$-0.11,00-7.86%) developed a process that converts waste plastic into fuel (Plastic2Oil), without the need of further refinement. JBI, Inc. (JBII:$1.29,00$-0.11,00-7.86%) scaled a 1kg process to a 20MT commercial processor in less than 1 year. For further information please visit www.plastic2oil.com and review our SEC filings, including without limitation our Form 10-K filed with the SEC on April 20, 2011.
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