JBI, Inc. CEO discusses naysayer's post

John Bordynuik says:
"Any shareholder of JBI would see this new anonymous poster has tried to create a false illusion that there is predominately one plastic waste stream (PET). The poster left out the majority of unrecycled plastic waste which is: PP (polypropylene), LDPE, HDPE, polystyrene, etc, all of which have a near 100% hydrocarbon content.

The web site of plastic waste streams (http://www.epa.gov/wastes/conserve/materials/plastics.htm) show that only 6.8% of plastic is recycled in the US and it is primarily PET (at $0.33/lb I don't want it)

Our competitors use a generic pyrolysis which results in random hydrocarbon cracking. That results in a solid-state fuel with many large chains which are waxy slurry that is near useless. The Blest, Donghe, etc.. have poor fuel recovery rates, high residues and make mostly waxy fuels. That’s proven and our shareholders have reviewed their websites and know this.

Our process has been proven to produce a fuel that is in the diesel range (with some gasoline), without the long chains. IsleChem, and Dale Kunze, a highly respected scientist, would not risk their reputation on such a detailed report about our solution and fuel after months of testing our entire solution if it weren’t true. IsleChem has been exceptionally helpful in isolating what worked in our small processor and that allowed it to be scaled to our 20T processor. Islechem did not just test our fuel - they built our solution in their own labs and tested it extensively. They have been an exceptional resource on our site since.

Our shareholders have heard the fantastic stories from these posters for a year of it can’t be done, can’t scale, then won’t work outside lab, then will but not to scale, then will scale but not with mixed plastics, then will with mixes plastics but not with viable energy conversion… blah blah blah. Two months ago it was all plastic is recycled and paid for and therefore we could never get feedstock. Now, PET and an old unrelated pink sheet will supposedly cause our fall.

I'd appreciate it if anonymous posts from message boards were not posted here. I am happy to answer any question (so long as the answer is not material)."