The partnership with Crayola is expanding. In addition to feedstock directly from Crayola, there are over 600 schools now signed up to participate in collecting markers and crayons. Other companies with waste plastic will want to follow Crayola's lead and be responsible about recycling plastic.
The processor has undergone a 30 day continuous run and the inspection afterwards was positive. The company will now bring up the feedrate. This is critical for a successful business model.
They have fuel customers standing by to purchase ultra-low sulphur diesel fuel, including US Steel and others.
JBI has more than one source of feed stock, likely several.
They have a CEO with an excellent history of growing a business.
Once again JBI was able to obtain financing, and when everyone expected more equity financing, they were able to get debt financing. Very positive.
In addition, Heddle has talked straight about cost cutting to get expenses down.
So yes, there is a "spiral" beginning, but it is a positive one.
News 
Market Data 
Discover 
