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Steady_T

03/21/13 4:06 PM

#219119 RE: Arthur Edward Whoof #219116

A FUNDAMENTAL MISUNDERSTANDING IS THE PROBLEM.

"...we made the determination that in order to obtain the most optimal feedstock on a consistent basis, we would be required to purchase this feedstock. "

Please note the wording....."most optimal feedstock"

That means the very best. The next step down from most optimal....is ...optimal.....then there is acceptable.......and so forth.


Amazing how much plastic JBI has processed before most optimal was used as a descriptive term in a 10K.

Rawnoc

03/21/13 4:15 PM

#219125 RE: Arthur Edward Whoof #219116

Absolutely dead wrong. I prefer reality. From the same 10K, that actually defines what optimal is. Optimal has ZERO to do with contaminates. Here's what it really means:

Page 7 of the 10K:

"Waste Plastics : We are able to feed mainly mixed unwashed waste plastics into the Plastic2Oil processors. Waste plastic is widely available and we are focused on maximizing the types and densities of the plastic we procure for optimal processor performance."

Likewise, from page 8 of the 10K:

"Subsequently, in July 2012, the NYSDEC amended our solid waste permit to allow our processors to feed up to 4,000 pounds of plastic per hour into the each of our processor. This increase allows us to feed heavier, denser material into the processor at a higher rate, maximizing the fuel production of the processor while running."

Page 11:

"Get the Right Material to Maximize Throughput . Although the P2O processor can process many different types of plastic and create consistent fuels, we will focus on the types of plastic that will maximize the machine’s productivity. This is typically high density material."

Not contiminate-free. That's pure fiction. DENSE plastic.

A friend of mine spoke to Rauber on the phone who explained that density is important and gave a visual example. You can fill a room with styrofoam or concrete. It's going to take up exactly the same amount of room. But the concrete will be far more dense. Likewise, filling the processor with dense plastic means more hydrocarbons per hour.

Free plastic may only allow say 2,000 pounds an hour. If they pay a little more they can get "optimal" dense plastic and feed the beasts 4,000 per hour. If they earn more profits per hour at double the feed rate but paying a pittance, then it's worth it.

Thank you for reading my reality.