JBI, Inc. Receives Solid Waste & Air Permits for P2O

8K FILED ~

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Wednesday, June 15 2011 6:04 AM, EST JBI, INC. FILES (8-K) Disclosing Other Events, Financial Statements and Exhibits Edgar Online "Glimpses"
Item 8.01 Other Events

On June 14, 2011 , JBI, Inc. ("JBI" or the "Company") announced that its wholly owned subsidiary JBI RE #1 INC ("JBI RE#1") has been issued a Solid Waste Management Permit (the "Solid Waste Permit") by the New York State Department of Environmental Conservation (the "NY DEC") for use at the Company's Plastic2Oil (P2O) facility located in Niagara Falls, NY . The Solid Waste Permit is effective as of June 14, 2011 and expires on June 30, 2014 .

In addition, JBI RE#1 was issued an Air State Facility Permit (the "Air Permit") by the NY DEC for use at the Company's facility located in Niagara Falls, NY . The Air Permit is effective as of June 14, 2011 and expires on June 30, 2014 . The Air Permit authorizes the operation of 3 P2O processors at the Company's Niagara Falls , NY facility.

In Dec 2010 , JBI was issued a Consent Order to operate a P2O processor while State Facility Permits were acquired. JBI filed all documentation and applications with the NY DEC within the timelines identified in the Consent Order.

Authorized production at the P2O factory located in Niagara Falls, NY is: JBI will convert scrap plastic that does not have a reasonably available recycling market (post consumer and industrial sources) into liquid and gaseous materials which are recovered for utilization. The gaseous portion will be used to help fuel the P2O process. The liquid will be sold to refining, fuel, and polymer production markets.

The plastic waste allowed to be converted into fuel is described in the permits as: waste plastic material Type 2 (HDPE), Type 4 (LDPE), Type 5 (PP), and other plastics not expressly prohibited by the JBI's Air Permit. At this time, plastics containing halogens are prohibited by the Air Permit.

The above description of the Solid Waste Permit and the Air Permit (collectively the "Permits") does not purport to be complete and is qualified in its entity by reference to the Permits which the Company has filed as exhibits to this Current Report on Form 8-K.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99.1 Solid Waste Management Permit Authorization-Under Article 27, Title 7 99.2 Air State Facility