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Saturday, March 17, 2012 9:52:47 AM
Licenses, Patents and Trademarks
Pak-It uses patented technology to deliver liquid cleaner in a water-soluble sachet. The products are fully biodegradable and much easier to ship than bulky liquid products. The user simply adds water to the container without measuring or cutting the Pak-It. JBI has a patent related to its Data Business, for the recovery of tape information. Also, JBI is in the process of filing 5 separate patents for its Plastic2Oil Processor.
http://www.sec.gov/Archives/edgar/data/1381105/000121390011003733/f10k2010a1_jbi.htm
And the company website.
The final permitting for the Plastic2Oil process was issued in June 2011.
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, once the Company receives approval on its amended Solid Waste Permit from the NYSDEC.
http://www.plastic2oil.com/site/government-validation
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