Replies to post #71443 on Plastic2Oil Inc (PTOI)

[Ignotus]

still anti-environment huh?

[baldeagle9999]

I'm not qualified to get into an in depth argument over this, but from a quick look it appears that the plastic that the folks referenced are willing to buy are more industrial or "shop floor" waste than water bottles from the municipal dump.

I would imagine that there are some significant differences between the proposed feed stock for the JBI machines and the plastics that you are citing in your example.

The fact that this seemed so obvious to even me is saying something IMO.

[Zardiw]

Screw free. PAY JBII to take it. We'll charge you LESS than a landfill will......That's called a NEGATIVE Raw Materials cost.......lol........z

[Tazzmanian]

hey mr there is a serious trash problem in the world that JBI can help out with

if companies give them there plastic or pay JBI to take it there will always be a never ending supply as metals mining is increasingly decreasing

you can site all the different companies that are into plastic there is even a daily spot price for some things

either way this company that JBI has developed will carve its niche

so give up the shennaigans will ya and pitch in instead of striking out

[Rawnoc]

JBII -- FREE PLASTIC FEEDSTOCK = EASY. EXAMPLES BELOW: (updated 9/24/10)

(1) "I have talked to industrial places that PAY to get rid of their waste plastic. Actual places that PAY, not internet searches. I have talked to places that buy waste plastic and its a small percentage of whats out there. They pay higher prices because there is so few of it out there that they can use. There are industrial plastics they don't buy because they can't use them - lots of them."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54357508

(2) $10 to $100 per ton to dump waste plastic. Cities could save as much as $200 per ton giving it for free to JBII:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53494788

(3) "steady stream" from construction sites by the ton giving away free waste plastic:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53494745

(4) Here's an article, with references, whining that companies who burn plastic get PAID to do it:

"They receive a tip fee for disposing of the waste."
http://stopplasticfuel.wordpress.com/2008/10/17/100/

(5) $50 a ton example cost to dump plastic by a recycler who 40,000 to 80,000 lbs per month to the landfill. (JBII will take it off their hands for free). This is a single location:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53494417

(6) "non-HDPE and non-PET resins are usually sorted out and discarded at the recycling plant."

http://www.inhabitat.com/2009/03/19/green-rant-why-wont-nyc-recycle-plastic/

Discarded? How much do they PAY to discard? $25, $50, $100 a ton tip fee?

(7) From a New York City website...

These move past a series of laser beams that identify any item made of #1 PET or #2 HDPE and blow it off the main conveyor onto a second conveyor. At this stage, workers manually pull out #1 and #2 bottles and jugs.
What is left over at the end of the conveyor belt journey (#3-7 bottles, #1-7 tubs and trays, as well as non-numbered plastic containers) is disposed of as residue.

http://www.nyc.gov/html/nycwasteless/html/recycling/whathappens_sorting.shtml

Disposed of = paid to get rid of = avaiable for free to anybody who wants it.

(8) Posted by: Steve555 Date: Wednesday, September 08, 2010 9:05:53 AM
In reply to: jjsmith who wrote msg# 69037 Post # of 69059

Listen guys,
Get off the subject of feed stock for once and for all!

I have contracts for waste plastic,from hard plastic to dirty film, to be deliverd to my yard, I GET PAID between $80 and delivered free. The better the plastic the worse the price I get paid, if I agree to take the better material for free I can call the period of the contract which is between 3 to 5 years.
I would be more concerened with JBI's roll out timescale.

[Rawnoc]

REALITY ABOUT FREE HYDROCARBON PLASTIC:

"Unfortunately, 80% of the post industrial and consumer plastic in the United States cannot be sorted and is contaminated with other plastics which render the entire load worthless. You cannot get $0.20/lb for HDPE if it contains contaminates, other plastics, other compounds that alter its properties. Plastic recycling facilities often receive loads of plastic that are PET, or HDPE but are cross contaminated with some other fraction of plastic or contaminate. These cannot be sorted and are sent to landfill. Please see the EPA statistics for plastic recycled in the United States."

here's HDPE and LDPE links to get a ballpark idea what buyers will pay for plastic per pound

"Yes, highly sorted, only one type of plastic with absolutely no contaminates, cleaned, and no additives in the original plastic that altered its properties. Unfortunately, most plastics aren't clean enough and make up 80% of the plastic in the US."

"We take the 80% of the plastic that is not 20 cents/lb. I won't take the plastiC that I have to pay $0.5/lb for. Our plastic is currently costing the municipalities and recyclers $70+ per ton to dispose of in landfill. They can keep the ultra high quality plastic for $0.20/lb."

[tykundegex]

Wow, so then you will probably feel pretty silly when you are proven wrong.

The reason why you will be proven wrong is that you still fail to understand the difference between recyclable, tradable plastic with value, and the stuff companies/communities pay to dump.

You cannot find "postings" of companies offering free waste plastic because you are sitting behind a keyboard. If you worked in the industry and had the right contacts, you'd quickly confirm that what JBI is saying is indeed true.

http://www.facebook.com/note.php?note_id=233759704540

If Steve555 and JBI can get contracts for free plastic, why can't you? Maybe you aren't motivated enough to find it?