Wednesday, January 11, 2012 2:36:40 PM
I don't think there is any legal obligation for XTR to buy the fuel. I think it will be in XTR's best interest to buy the fuel for a number of reasons, possibly including price. I believe they have tested the fuel and found it meets, and probably exceeds, their requirements for quality.
I think XTR will buy as much as JBII can provide. I think that, at first, JBII will not be able to provide XTR's minimum quantity requirements on a consistent basis and JBII will need to buy third-party fuel to blend with their own until they are able to guarantee those quantities.
XTR has a market for the fuel and they want JBII's fuel. That's a good thing.
It is up to JBII to determine how much they can make available to XTR. That will require consistent feedstock supplies, another factor that makes it so JBII cannot guarantee quantities from P2O yet.
JBII is just starting. It will take a few years for each site they establish to develop a consistent flow of feedstock and output. They will need to supplement P2O fuel with other fuels to guarantee consistent quantities for customers buying the fuel. The more consistent the plastic feedstock supplies, the less JBII will have to rely on third-party fuels.
And the greater the corporate profits will be.
Just supposin'
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM
Snakes & Lattes Opens Pop-Up Location at The Wellington Market in Toronto: A New Destination for Fun and Games - Thanks 'The Well', PepsiCo, Indie Pale House & All Sponsors & Partners for Their Commitment & Assistance Throughout The Process • FUNN • Jun 13, 2024 8:18 AM
HealthLynked Introduces Innovative Online Medical Record Request Form Using DocuSign • HLYK • Jun 12, 2024 8:00 AM
Ubiquitech Software Corp (OTC:UBQU) Posts $624,585 Quarterly Revenue - Largest Quarter Since 2018 • UBQU • Jun 11, 2024 10:13 AM
Element79 Gold Corp Files for OTCQB Uplisting, Provides Financial Update • ELEM • Jun 11, 2024 9:25 AM