Plastic2Oil Overview.
JBI has refined the process for converting plastic to oil with
the incorporation of a reusable chemical catalyst. JBI's data
recovery process discovered and retrieved the catalyst formula in
data mined from the company's engineering archive. The
catalyst was originally recorded prior to prevalence of plastic
waste and when oil prices were historically low. Combining
the catalyst with a highly-optimized system, JBI's process is
extremely efficient and a profit generator.
The JBI Plastic2Oil (P2O) process has been proven in a
small-scale laboratory environment. JBI is currently
assembling a full-scale 20MT production processor. The
assembly is being fully verified and documented by an independent
firm. When completed, JBI will have the ability to quickly
and accurately replicate the assembly process and possess the
necessary documentation to facilitate the P2O permitting
process.
JBI will own and manage P2O sites, additional sites will be
licensed under a revenue-sharing model. JBI recently entered
into a letter of intent for 45 joint venture land-based sites in
the state of Florida and a Canadian-based P2O ship. JBI
anticipates a rapid expansion of P2O sites globally, both by land
and by sea. Pre-applications for P2O site licenses are
currently being accepted.
Differentiators.
- Unlike existing plastic-to-oil operations, JBI's process
accepts raw unwashed, mixed plastics.
- The output from the laboratory processor was evaluated by an
independent lab and passed ASTM testing.
- Minimal external energy required
- Processor footprint requires less than 500 square feet (46
square meters)
- Approximately one litre of oil is extracted for every kilogram
of plastic
- Continuous feeding of plastic optimizes production output
- The reusable catalyst is produced economically by JBI'S
PAK-IT