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Thursday, March 07, 2013 4:01:14 PM
Knowing this business very well I can tell you the chances of JBI finding sources of feedstock that will comply with the NYDEC Permit are slim to none.
Which takes me back to
THE FUNDAMENTAL PROBLEM REMAINS-
You can’t turn a profit when the value of plastic is GREATER than the value of the fuel that P2O can make from it!
Since the machines require SPECIFIC types of plastic, it cost more to sort the plastic than it is worth.
If you could sort SPECIFIC types of plastic to put in the machines,
YOU COULD SELL THAT SORTED SPECIFIC PLASTIC FOR MORE MONEY THAN THE VALUE OF THE FUEL YOU CAN MAKE!
IF YOU HAVE TO BUY SORTED PLASTIC OF A SPECIFIC TYPE IT WILL COST MORE THAN THE VALUE OF THE FUEL YOU CAN MAKE!
If plastic was easy or cost effective to sort, it wouldn’t go to a landfill
IT WOULD BE SOLD FOR MORE MONEY THAN THE VALUE OF THE FUEL THAT JBI CAN MAKE
www.plasticsnews.com/resin/recycled-plastics/current-pricing#
And now that it has been defined that JBI must use NON-RECYCLABLE, NON-CONTAMINATED, CLEAN, SORTED, PLASTIC
they need to find a plastic unicorn
What they need to run the machines DOES NOT EXIST!
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