Saturday, September 11, 2010

stonehenge outlines positive aspects of JBII as discussed in recent Niagara Magazine article


In resume, to understand what JBI will have in store for us it is a good thing to re-read the import clues, given in the NM article, over and over again...

The article confirmed the following:

*plastic feedstock for free
*no problem at all selling the fuel to industrial sources that are supplying JBI with great plastic and want to purchase the fuel for their own trucks
*gasoline and diesel to be sold to independent gas stations as of Q4, 2010 (in fact, the article implicates they have to line up, because, apparently, the industrial supply sources are the first (preferred) buyers for the produced fuel...!)
*running steady state 20T/day = 109 barrels per day
*production of 4500ft3 excess natural gas per hour (for those who remember: this huge off gas volume was the main reason for the delay in scaling up the P2O processor)
*processing unit costs $160,000 - $200,000
*still plans to fit ships with processors
*first processor in Canada will be build at the blending site
*plans to expand the pilot facility in NY shortly
*rapid move into the marketspace to be expected
*awareness of the potential global impact of JBI's P2O technology by covering 2 major global issues: getting rid of waste plastic and producing fuel and gas.

read the whole article: http://investorshub.advfn.com/board
/read_msg.aspx?message_id=54194893

Ladies an gentlemen: be prepared for take off shortly.

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