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Replies to post #145327 on Plastic2Oil Inc (PTOI)
tykundegex
12/01/11 5:16 PM
#145330 RE: dreaminbig #145327
On June 10, 2011, JBI, Inc. and Coco Asphalt Engineering, a division of Coco Paving, Inc. entered into a Supply and Service Agreement under which the Company has agreed to supply Coco Asphalt Engineering on a weekly, per demand basis with petroleum distillate at a cost of $109.80 per barrel. As of August 19, 2011, with a NYMEX crude price of $82.81, Coco Paving is presently ordering and purchasing full tankers of petroleum distillate at $109.80 per barrel. Coco Paving has stated it is pleased with our Plastic2Oil fuel and they are ordering on a regular basis.