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Friday, March 08, 2013 12:19:03 PM
Since JBI was part of the American Chemistry Council's research report in April of 2011 we studied them at length. Any company that was not part of their report we did not.
Just from a terse review, the company that you speak of, it appears that they have someone with a long history and credible knowledge of the plastics and recycling industry at the helm. Additionally, they appear to have a wide acceptance of feedstock, unlike JBI, including tires and rubber. The fact that they can use automotive fluff is very telling. JBI could not use automotive fluff without breaking their permit (there are a number of ingredients in fluff that are difficult to handle in pyrolysis and produce many acids and chemicals that are problematic)
Unlike JBI they seem to have a better chance of success, however; the powers that be will surely keep this in check. Until there is a direct link between control/profit and the powers that be, P2O will not succeed.
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