Replies to post #86272 on Plastic2Oil Inc (PTOI)

[umiak]

Makes perfect sense, no problem.

[Justice37]

I think the post you are responding too, covers this, it why the recycling facility is a bonus.

Regarding the recycling facility. What box, it opens up even more streams of plastic feedstock. The bottom line is that the DEC requires the feedstock to be inspected, to do this alone would be costly. A recycling facility, most tend to just break even, allows them to fulfill DEC requirements, open up feedstock steams, make profit with the wanted plastics and paper, and in the end have free feedstock. The facility can process 1000 tons per day, I need to confirm the percentage of plastic. Can have 300 tons inside at any time, outside is a different story. The facility is also ideal to house P2O processors (long term planning) and you can throw a rock and hit the fuel blending site. I have no problem being boxed in like this.

Recycling facilities break even but that includes the cost of paying to send the unwanted plastic to landfills. That is not a cost that JBI have to incur. It increases the profitability of the facility, therefore if it still just breaks even, what does JBI care, the profit is in the P2O. The costs include the sorting, processing, containment, and transporting costs (fuel is free too by the way), which other recycling facilities have to pay as well. I would love to see a company that uses recycled plastic have it shipped in cardboard boxes left outside. What JBI has to do regarding the feedstock makes sense, JBI just found a way to negate the cost.