We can also include the word "near" to the list of words John doesn't understand. John likes to use the word "near" when speaking about how "near" things are to "completion" like the time he said:
"Towers and reactors have been fabricated for the third P2O processor (the “Processor No. 3”) and the Company looks forward to bringing No.3 online in the near future."
Honest John said that just about 6 months ago, so apparently the "near" future is more than 1/2 a year or more away.
Here's the short list of words/phrases Honest John gets confused with:
Complete Completed Large Near Future
Anyone else have any other definitions of words/phrases Honest John needs to learn? If so then feel free to add to this list.
What does JBII do with unwanted, unsorted and dirty plastic?
They make End-User Fuels like this. To the tune of 281 Barrels/Day per processor potential production. This works out to about $10M/Year/Processor revenues.
Bingo Baby. And the output of JBII's P2O processor(S) is absolutely beautiful:
JBII Fuel Products and Specifications:
Firing up the lawnmower with JBII gasoline! From Techisbest:
My unrehearsed video:
This lawnmower has not been run this season. The smoke you see when I first fire it up is from it sitting idle. Note that the longer it runs the cleaner it runs.
The jar used is the one on the left in this pic:
Fuel Ouput:
EMail to Techisbest:
Nice to hear your lawnmower ran well with the fuel tapped directly off our gasoline condenser.
Our gasoline is no different than highly refined gasoline from a refinery. Our gasoline is different than gas found at the pump because we do not inject the additives and low cost cutting agents (butane injection), aromatics, and other additives to artificially inflate the octane thereby reducing the amount of high-cost gasoline. Many additives are injected in pure gasoline to increase the margin on gasoline at the pump. Our fuel was tested in a new engine long ago and the spark plug, head, valve seats and valves were inspected. There was no carbon build up, pitting, burns, or oxidation on those parts.We were quite impressed by how cleanly it burned.
Regards,
John Bordynuik
And they sell it to these (more customers on the way):
1. Coco Paving:
Coco Asphalt Engineering, a division of Coco Paving, Inc., entered into a Supply and Service Agreement for the Company’s ultra-clean, ultra-low sulphur fuel.
2. Oxy Vinyl:
Oxy Vinyl Canada, a wholly owned subsidiary of Occidental Petroleum (NYSE: OXY - News), has agreed to purchase JBI's low sulphur heating oil for $109.80 per barrel.
3. Indigo Energy:
long-term fuel supply agreement with Indigo Energy Partners, LLC (“Indigo Energy”).
“We are very impressed with JBI, Inc.’s proprietary technology and the quality of their fuel products,” stated Martin N. Underwood, Jr., COO of Indigo Energy
4. XTR Energy:
the signing of a multi-year transport fuel supply agreement with XTR Energy Company Limited (“XTR Energy”).