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Monday, February 18, 2013 11:09:22 AM
If I understand correctly,
JBI is going to build a machine and GIVE it to RockTenn to put in Jacksonville FL so that RockTenn can run THEIR plastic and produce fuel that THEY (RockTenn) GET TO KEEP.
So what's in it for JBI???
From the numerous posts that I have read about this I can not see where there is an advantage to JBI. JBI has to FRONT the cost of a machine that is estimated to cost $3.5mill plus $2mill to put it there... so $5.5mill out of pocket, upfront, and RockTenn keeps the fuel....
That doesn't exactly sound like a sound business move.
It also doesn't sound like any market confidence when you have to front the equipment and make no money off of what is touted to be so incredibly valuable.
Even GIVING IT AWAY there is no long line of takers!
perplexing
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