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Friday, September 24, 2010
Estimated Profit applauds JBII's blending site
JBI claims they can make 40,000 barrels a year from the processor, or 109 barrels per day.
The Blending site can hold 5952 barrels of fuel. It would take 54 processors to fill it in one day.
Not sure how quickly they can blend and send off each day.
Each full cycle of the blending facility capacity would gross them $595,200 if they received $100/barrel for their fuel. If it is all sold as colored fuel exempt from Ontario taxes, they would net that much each full cycle.
I like JBI's idea of clustering as many processors near the blending site.
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