John Bordynuih, JBI's CEO / President, concluded, "I am thrilled with Mr. Kaplanis' appointment. Michael is a highly-qualified professional leader, who brings important expertise to our growing and experienced management team. His successful background, analytical talents, business acumen, and energetic drive will clearly benefit our aggressive growth model."
Posted by: Rawnoc Member Level Date: Thursday, July 22, 2010 3:34:28 AM In reply to: None Post # of 59357 Send a link via email Share on Facebook Tweet this post JBII CONFERENCE CALL TIDBITS OF INTEREST:
PLASTIC-TO-OIL: (1) Stack test now scheduled which takes one day -- last step to get the permit to start full commercial operations. (2) Fuel yield ratio 40% originally to 99% now. (3) Off-gas byproduct is produced and self-runs the system with excess natural gas that's stored as a bonus. (4) 2 man operation per shift. Process is simple and robust with very little waste. Total cost of the processor only $200,000. (5) Entire process is being patented. No more changes needed. (6) Free feedstock already lined up. Plenty of sources available. "We can be choosey at this time" because there's so much available. Prefers hydrocarbon-based plastic from industrial waste which tends to maximize the numbers out of the processor. (7) Permit = immediate full commercial operations including sale of already procured fuel. (8) Permit = joint-venture partnerships begin talks for expansion everywhere.
PAKIT: (1) "Commercials expected launch this summer" (2) "We look forward to announcing the new product line in the very near future"
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