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jcoukr

01/19/12 10:03 PM

#158682 RE: MadeBucksOnThis #158677

That's a billion in rev. Annually unless the we get approved for what the machines are actually capable of doing then were almost 2 billion a year. Yikes!
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capital gain

01/19/12 11:30 PM

#158695 RE: MadeBucksOnThis #158677

Mbot

Actually the PR states several hundred processors which are at least 200, however that was when the processor was still seen as being able to process 20 ton a day, so min 100 processor at twice the capacity sounds about right.


http://www.plastic2oil.com/site/news-releases-master/2011/08/08/jbi-inc-announces-a-ten-year-agreement-for-commercially-viable-conversion-of-waste-plastic-to-fuel

GLTA.

A.H
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RiskGuy

01/20/12 9:54 AM

#158731 RE: MadeBucksOnThis #158677

Actually, I believe the PR said "hundreds" of processors, but I've wondered if the number got cut in half by the increase in process rate tested by the DEC.... all the volume at nearly half the capitalization cost - not a bad gig if you can pull it off.

"RockTenn has the industrial relationship and feedstock to support hundreds of Plastic2Oil(TM) processors."

http://www.plastic2oil.com/site/news-releases-master/2011/08/08/jbi-inc-announces-a-ten-year-agreement-for-commercially-viable-conversion-of-waste-plastic-to-fuel