Plastic2Oil Inc (PTOI)

[Rawnoc]

JBI, Inc. Announces Completion of Its Second Plastic2Oil Processor

THOROLD, Ontario, Feb 27, 2012 (GlobeNewswire via COMTEX) -- JBI, Inc. (the
"Company") (otcqb:JBII) is pleased to announce that in Q1 the Company has been
successful in bringing its second Plastic2Oil(R) ("P2O") processor (the
"Processor No. 2") online at the Niagara Falls, NY facility.

The design of Processor No. 2 is based on data retrieved while working with the
original P2O processor (the "Processor No.1"), which since June 2011 has
undergone a number of substantial upgrades. The enhancements include a replicable
and deployable modular design that leverages economies of scale with our
manufacturers, the ability to cater to specific fuel needs of customers and a
reduction of stack emissions.

Processor Nos. 1 & 2 are permitted to operate at 4,000 lbs. per hour, however
they are currently operating at 2,000 lbs. per hour. The Company expects to
operate both processors at 4,000 lbs. per hour, as per the upgraded Air Permit
issued by the New York Department of Environmental Conservation ("NYSDEC"), once
the Company receives approval on its amended Solid Waste Permit from the NYSDEC.

The Company expects that this amendment will effectively double the plastic
feedstock throughput, from 2,000 lbs/hour per processor to 4,000 lbs/hour, which
should double the amount of fuel output each P2O processor can produce.

"Bringing Processor No. 2 online represents a significant achievement as well as
a milestone for our Company. We believe this sets us apart from other plastic
into fuel conversion technologies," states John Bordynuik, CEO and President.
"JBI, Inc. is the first company to successfully move from a pilot plant to a
multiple processor, full production plant within the industry."

Towers and reactors have been fabricated for the third P2O processor (the
"Processor No. 3") and the Company looks forward to bringing No.3 online in the
near future.

About JBI, Inc.

JBI, Inc. is an innovative North American fuel company that transforms unsorted,
unwashed waste plastic into ultra-clean, ultra-low sulphur fuel without the need
for refinement. JBI, Inc.'s patent pending Plastic2Oil(R) (P2O) process is a
commercially viable, proprietary process designed to provide immediate economic
benefit for industry, communities and government organizations with waste plastic
recycling challenges. JBI, Inc. is committed to environmental sustainability by
diverting plastic waste from landfill and potential incineration. For further
information, please visit http://www.plastic2oil.com and review our SEC filings,
including without limitation our Form 10-K, as amended, filed with the SEC on
July 18, 2011.

Forward Looking Statements

This press release contains statements, which may constitute "forward looking
statements" within the meaning of the Securities Act of 1933 and the Securities
Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act.
The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several
significant substantive changes affecting certain cases brought under the federal
securities laws, including changes related to pleading, discovery, liability,
class representation and awards fees as of 1995. Those statements include
statements regarding the intent, belief or current expectations of JBI, and
members of its management as well as the assumptions on which such statements are
based, including the expected timing of the Company's Form 10-K, execution of the
proposed agreements described above and consummation of the transactions
contemplated by such agreements. Prospective investors are cautioned that any
such forward-looking statements are not guarantees of future performance and
involve risks and uncertainties, and that actual results may differ materially
from those contemplated by such forward-looking statements. Such risks include,
but are not limited to: (1) JBI has a history of net losses, and may not be
profitable in the future; (2) JBI may not be able to obtain necessary licenses,
rights and permits required to develop or operate our Plastic2Oil business, and
may encounter environmental or occupational, safety and health conditions or
requirements that would adversely affect its business; and (3) JBI may experience
delays in the commercial operations of its Plastic2Oil machines and there is no
assurance that they can be operated profitably. For a more detailed discussion of
such risks and other factors, see the Company's amended Annual Report on Form
10-K/A, filed on July 18, 2011, with the Securities and Exchange Commission, and
its other SEC filings. The Company undertakes no obligation to update or revise
forward-looking statements to reflect changed assumptions, the occurrence of
unanticipated events or changes to future operating results.

This news release was distributed by GlobeNewswire, http://www.globenewswire.com

SOURCE: JBI, Inc.
CONTACT: JBI, Inc. Investor Relations
1-877-307-7067


(C) Copyright 2010 GlobeNewswire, Inc. All rights reserved.