Thursday, October 13, 2011

TEDx Buffalo Reporter Comments on JBI CEO John Bordynuik

http://wnymedia.net/repat/2011/10/the-report-from-tedx-buffalo/

Our Next Billionaire

I seek to take nothing away from the other speakers, but let me note that only one of them is likely a future billionaire. That distinction belongs to the yet unmentioned John Bordynuik, CEO of JBI Inc in Niagara Falls, who heads up the most important initiative you’ve never heard of.

Mr. Bordynuik, former member of the Ontario Legislature and chemical dreamer, has discovered a way to covert average plastic waste into fuel. Currently 7% of our global plastic waste stream is recycled. The leaves 93%, or 29 millions tons, ready to be turned into a potential 7 billion gallons of low-sulfur fuel that can run engines and factory processes of all varieties. Sound too good to be true? Bordynuik himself listed “Disbelief” as his first stumbling block to success. Currently, the JBI factory in the Falls siphons up the majority of the waste plastic stream of Western New York. I would bet it’s a matter of time before we’re mining our landfills for more.

It would be fitting of such a revolutionary TED lecture that it would incorporate the themes of the other speakers as well. The Plastic2Oil process started as a story, a dream of cleaning up plastic strewn beaches and toxic air across the world. The process is scalable and local – not ever bit of plastic need be driven to the JBI plant. Smaller versions can be installed at each local plastic producing factory, converting the waste stream on site to fuel usable on site. And none of this process would be possible except through a hard science education – chemistry and math and engineering – that is becoming increasingly rare.

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