Massive Land Rush in 2010 for P2O Sites

JBI, Inc, has perfected a remarkable technology that converts plastic waste to oil at near gasoline grade, with very little refining needed. This technology, known as P2O (Plastic to Oil) was developed by the visionary CEO of JBI, John Bordynuik.

Mr. Bordynuik has a registered IQ of 170 (higher than Albert Einstein's) and is considered by many to be a technology genius. His tape-reading data recovery technology has resulted in JBI having the world's largest engineering information archive. His tape-reading clients include the United Nations, the U.S. Army, MIT, Harvard, a large oil company, and importantly, JBI is sole-sourced by NASA to read all of their tapes.

The launch of P2O in early 2010 will be an exciting and important harbinger for job creation, environmental clean-up, and oil production. Plastic waste is a huge global problem, contributing heavily to landfill expansion. JBI has a goal of initially establishing 2500 P2O sites with municipalities and interested parties.

Converting plastic to oil has previously been attempted unsuccessfully by other companies, as it was not economically feasible. However, JBI's research discovered a unique catalyst that is now proprietary to P2O, as it enhances the efficient and economical conversion of plastic waste to oil, allowing for a 99% recovery rate compared to 40% for competing systems. In essence, the catalyst greatly expedites the cracking of the plastic and allows JBI to select on a tight curve the particular hydrocarbon to produce. Competing methods require much higher heat and result in much poorer conversion. There is a negative energy cost to operate a P2O processor, since 15% of feedstock weight is converted to gas to run the system,

Samples of fuels were created from various plastic feedstocks and were tested (ASTM D 5453) and confirmed a sulphur concentration less than 8.4 ppm (parts per million). Additionally the water and sediment tests (ASTM D 1796) confirm that its fuel contained less than 0.005% water and sediment. Density tests also placed the fuel in the gasoline range. Refineries have indicated a desire to take as much fuel as JBI can produce, due to its high quality, "pre-refined" nature in contrast to wells' oil which requires much more refining.

P2O produces oil at less than $10 per barrel. Refineries will pick up the fuel at the price of WTI (West Texas Intermediate) price less $3, currently around $70 per barrel.

The Company plans to process a minimum of 20 tons per day per site. Each P2O site is able to process a 20 ton batch of plastic feedstock in two to three hours. However, JBI will have a continuous feed function that could enable 24/7 production, resulting in much higher output. Processing 20 tons of plastic produces 20,000 liters of fuel or an equivalent 110 barrels of oil. One P2O site produces (assume 6 production days/week) 20,000 x 300 = 6,000,000 liters per year = 37,739 barrels / year

Over 16 million tons of plastic waste is generated annually in the U.S. alone and about 2.2% of all plastics is currently recycled. Worldwide, it's a huge problem! JBI offers a viable solution with its revolutionary P20 technology.

Further information is available at http://www.jbiglobal.com