InvestorsHub Logo

Rawnoc

02/09/11 10:55 AM

#92419 RE: wEaReLeGiOn #92411

Refineries refine oil. JBII refines the oil (in plastic) that the refinery refined.

This isn't a mystery as to how it comes out better.

But I agree, John is Nobel prize material. Islechem probably agrees. More on that later.

Zardiw

02/09/11 10:57 AM

#92421 RE: wEaReLeGiOn #92411

Actually, that wouldn't surprize me one bit:

I'm sure there's a Nobel Prize just waiting for John.



z

Justice37

02/09/11 11:28 AM

#92439 RE: wEaReLeGiOn #92411

Plastic is made from refined oil, the sulfur is taken out so it can make plastic, when it is turned back to oil the sulfur is not there, diesel and gasoline have more sulfur as they do not have to be used to make nice and shinny plastic. JBI does not refine crude oil, refineries do, they convert refined oil that was made into plastic back into oil.

They did not purchase their current machine. They purchased the large tube from China that is used by that company for pyrolysis, they don't use the same process, many changes. In fact, the new processors for partners are going to have those large 30 ton containers built in North America (as said at the AGM) and they will be made to spec.

I don't care if he wins a prize or not, I just want the share price to go through the roof, which I believe it will once ink dries on the contracts and a few announcements are made. I wonder who they are making fuel for this very second. Can't wait to hear.

Steady_T

02/09/11 11:58 AM

#92451 RE: wEaReLeGiOn #92411

Below is the information to show why JBI produced fuel is of higher quality than that produced by crude oil feedstock.

To call your post disingenuous would be a serious understatement.


Quote-------------
A multi-million dollar oil refinery owned by multi-billion dollar companies, can't refine their crude oil as well as JBII can refine plastic into gasoline and diesel with their $200k Chinese pyrolysis machine?
---------------------

Information is a great antidote to sarcasm.

Gasoline and diesel are refined to the minimum standards required by law and are then sold. Both are a mixture of hundreds of different compounds.
http://pubs.acs.org/cen/whatstuff/stuff/8308gasoline.html
http://retail.petro-canada.ca/en/independent/2060.aspx

Petroleum feedstock for plastic has to be refined to higher standards, specifically, much lower sulfur content and distilled into ethane and propane. Ethane and propane are then cracked to yields ethylene and propylene, which are the basic building blocks of plastics.

http://www.buzzle.com/articles/what-is-plastic-made-of.html