JBI, Inc. is an innovative North American fuel company that transforms unsorted, unwashed waste plastic into ultra-clean, ultra-low sulphur fuel without the need for refinement.

Our patent pending Plastic2Oil® (P2O) process is a commercially viable, proprietary process designed to provide immediate economic benefit for industry, communities and government organizations with waste plastic recycling challenges.

With our revolutionary P2O technology, JBI, Inc. has pioneered a process that has the ability to change the way the world handles waste plastic and plastic recycling.

JBI, Inc. is committed to environmental sustainability by diverting plastic waste from landfill and potential incineration. We are also committed to the creation of green employment opportunities and a reduction in the cost of plastic recycling programs for municipalities and business.

In the race to produce usable fuels from waste products, JBI, Inc. has overcome significant barriers and stands alone with the unprecedented simplicity of its solution. We are committed to building a company dedicated to a greener, cleaner future for the planet.

Company History!!

JBI, Inc. was born out of the innovation of its founder, John Bordynuik. Mr. Bordynuik's data recovery and restoration process has provided the Company access to valuable engineering discoveries dating back to the 1950s.

In 2009, JBI, Inc. began developing its Plastic2Oil technology with a laboratory desktop unit. The laboratory unit was used to perform initial tests on the conversion process and to determine the quality of the fuel product. Several independent labs verified that the fuel output passed ASTM testing. The Company continued to test and scale the P2O process by building a 1-ton processor. In December 2009, JBI, Inc. contracted IsleChem, LLC of Grand Island, NY to assist with chemical, analytical and process engineering. In April 2010, after multiple test runs, IsleChem validated that JBI, Inc.'s P2O process was repeatable and scalable. It was concluded that almost 90% of the hydrocarbon composition in the plastic feedstock is converted into liquid fuel. Mr. Bordynuik and his team developed technology in the process to separate and refine the fuel that can be sold as a finished product directly to the Company's customers without the need for further refining.

The P2O processor was scaled from a desktop model to a 1-ton and then a 20-ton commercial unit in Niagara Falls, NY. This processor has undergone significant testing, refinement and expansion. In the fall of 2010, an air emissions test was conducted by Conestoga-Rovers & Associates (CRA). The CRA stack test results have confirmed that the P2O processor emissions are not only well within the limits allowed under a  New York State Department of Environmental Conservation (NYSDEC) air permit , but also approximately 15.97% oxygen is emitted back into the air through the stack from the process. Also, the processor emits fewer emissions than that of a natural gas furnace of a similar size.

During the second half of 2010, JBI, Inc. transitioned to become an innovative fuel company. In December 2010, the Company leased a Materials Recycling Facility (MRF) close to its fuel storage and blending operation for collecting feedstock.

During Q1 of 2011, major additions and modifications were made to the processor, including back-end refining and fuel quality controls. On June 14, 2011, the NYSDEC issued all permits necessary to operate our P2O processors in Niagara Falls, NY.

In April 2011, JBI, Inc. and Smurfit-Stone Container Corporation entered into a referral agreement arrangement and the Company made its first fuel sale. In June 2011, JBI, Inc. entered into a fuel supply agreement with Coco Paving, Inc. On July 29, 2011, JBI, Inc. and Rock-Tenn Company (NYSE: RKT) entered into an exclusive 10-year agreement to install P2O machines at RockTenn sites.

After extensive preparation and numerous site visits by the Canadian Technical Standard and Safety Authority, the Company received its Bulk Fuel Blending License on October 13, 2011. This permit will enable the Company to dye, blend and ship both industrial and transportation grade fuel from its 250,000 gallon fuel blending facility in Canada.

During the Q3 and Q4 of 2011, the Company successfully completed the fabrication, installation and testing of the plastic pre-melt system. The pre-melt system is now capable of accepting mixed, unshredded plastics in addition to plastics that are comingled with various metals. The pre-melt system operates from the waste heat of the original P2O reactor system and has the ability to separate the comingled metals from the plastic. This capability became especially critical for processing RockTenn material such as raggertail.

In addition to the completion of the pre-melt system, the Company further enhanced the first P2O processor in Niagara Falls by installing “low nox” (nitrogen oxide) burners. This addition resulted in a significant reduction of already low emissions and was important when seeking permit exemptions in other U.S. states. Furthermore, this improvement enabled the Company to seek and obtain an Air Permit exemption at the location of the first RockTenn site.

In December 2011, CRA conducted a successful stack test on the first processor at a feed rate of 4,000 lbs/hr. The results of this final stack test showed emissions decreased with increased plastic feed rates, which further validates the P2O process as highly green, clean and scalable, and enabled the Company to receive an Air Permit amendment from the NYSDEC to operate the processors at 4,000 lbs/hr.
During Q2, Q3 and Q4, the Company contracted fabrication shops to manufacture parts for the second and third processor.

JBI, Inc. also secured 2 significant long-term fuel supply agreements in December 2011. On December 21, JBI, Inc. signed a long-term fuel supply agreement with Indigo Energy Partners, LLC. Under the terms of the agreement, Indigo Energy will off-take No. 6 Fuel Oil, from the JBI, Inc. P2O facility in Niagara Falls, NY. On December 23, JBI, Inc. signed a multi-year transport fuel supply agreement with XTR Energy Company Limited. JBI, Inc. will be supplying Regular Transport Gasoline, Premium Transport Gasoline, Diesel Ultra LS Clear and other acceptable road transport products to XTR Energy.

During Q1 of 2012, the Company successfully brought Processor No. 2 online at its Niagara Falls facility. The design of the second processor was based on data retrieved while working with the original P2O processor, which had undergone a number of substantial upgrades. The enhancements include a replicable and deployable modular design that leverages economies of scale with our manufacturers, the ability to cater to specific fuel needs of customers and a reduction of stack emissions.

JBI, Inc. has created over 40 local green jobs in the past 2 years. The Company has filed for international patent protection on aspects of its P2O process.

Management Team

Tony Bogolin, CEO

Mr. Bogolin brings to the Company a wide range of expertise and the ability to manage cross-disciplinary teams. He has over 25 years of diverse business experience including: public company financial reporting, operations management, investor relations, sales, business development and customer service. He is also a Certified Public Accountant.

During his three-year tenure at Rock-Tenn, Mr. Bogolin served as Director of Finance for Recycling and Waste Solutions National Accounts. Prior to that, he worked with a start-up industrial company where he developed the organizational infrastructure to prepare for growth. With SimplexGrinnell, a Tyco International Company, Mr. Bogolin led operational projects with Six Sigma methodology for process improvements and productivity gains. In addition, he has held Regional General Manager positions with two different companies where he had full P&L responsibility for offices in multiple cities and states.

Mr. Bogolin’s cross-disciplinary background brings a valuable combination of operations and financial expertise to JBI as it moves into its first significant growth phase.

John Bordynuik, Chief of Technology & Founder, JBI, Inc.
As the inventor of Plastic2Oil, a proprietary process for turning waste plastic into ultra-clean, low-sulphur fuel, Mr. Bordynuik is responsible for process design and P2O technological development at JBI, Inc. He oversees the fabrication, installation and quality control of current and future P2O processors.

Mr. Bordynuik’s passion for design and technology began 18 years ago, when he first designed custom hardware to re­cover data from old DEC Tapes and hard disk platters. He went on to become the Director of Research & Development for the Ontario Provincial Legislature for ten years, where his activism and drive to clean-up the environment was inspired.

Mr. Bordynuik also worked at MIT's Computer Science and Artificial Intelligence Laboratory (CSAIL) as a former collaborative researcher and then as a consultant in their Math and Computation Group. In his role as a consultant, he developed highly sophisticated technology to read thousands of computers tapes for MIT.

After years of pursuing various technology ventures, Mr. Bordynuik incorporated JBI, Inc. in 2006. Serving as the founding CEO & President, he worked to build the company organically, through strong client relationships and an impeccable reputation. His clients have included MIT, the U.S. Army, NASA, Fortune 500 company founders, professors from academic institutions worldwide as well as public and private companies. His expertise lies in being able to create products and processes that optimize and incorporate as much intelligence as possible, using applications that are as inexpensive as possible. Mr. Bordynuik continues to be passionate about preserving his local environment and actively works to promote the Company’s technology at industry and government levels.



Matthew J. Ingham, CPA, Chief Financial Officer
As the Chief Financial Officer (CFO) for JBI, Inc. Matthew Ingham supervises the finance and accounting units, reporting directly to CEO, Kevin Rauber.

Mr. Ingham is responsible for establishing the Company's financial strategies while ensuring the Company has the appropriate financial systems in place to manage current operations. He leads the development of financial planning models and cost-benefit analysis to forecast and support future growth. Mr. Ingham is also responsible for all financial filings required by the SEC, and will serve as a financial and business advisor to the leadership team.

Mr. Ingham held successively senior positions with two of the “Big 4” audit firms, PriceWaterhouseCoopers LLP and Ernst & Young LLP, specializing in auditing assurance, financial reporting and transaction analysis.

Most recently, Mr. Ingham was Senior Manager, Technical Accounting, Insight Enterprises, Inc., an international Fortune 500 information technology company. Reporting to Executive Management and Senior Financial Staff, his responsibilities included managing all communications with the external auditors, providing evaluations of technical accounting research and analysis matters. He led a global team of finance personnel in formalizing and documenting accounting policies and procedures, including working with multi-national teams on sales operations improvement initiatives.



John Colin Robbins, Senior Vice President
Mr. Robbins will build the petroleum team to enable our P2O products to be enhanced and distributed. His proficiency in petroleum products blending and his strong leadership will be invaluable assets to our company's commercial growth, and will contribute to JBI, Inc.'s standing in the environmental sustainability movement.

Robbins brings more than 30 years of knowledge and expertise in operations, marketing and manufacturing of renewable fuels to this key post. He specializes in the blending of ethanol, bio-diesel, butane and petroleum. He has been engaged in the petroleum and bio-fuels industry in a leadership capacity since 1989 with experience extending across North America — but he is most passionate about producing a profitable, environmentally responsible energy product.

Prior to joining JBI, Inc., he was most recently employed by Sunoco Partners Butane Blending LLC as Manager for Engineering, Construction and Operations where he successfully led three departments that designed, built and maintained multiple new butane injection systems in gasoline transfer terminals throughout the United States. He acted as both the General Manager and Director for Engineering, Construction, and Operations at Texon LP from 2007 until 2010. At Texon, Robbins led the engineering team to redesign the butane blending systems, which resulted in remarkable revenue growth.

He has been an active member of various petroleum boards and associations, including: Environmental Director of the Canadian Independent Petroleum Marketers Association's Board of Directors from 1995-2000, a member of the Ontario Petroleum Council from 2003-2004 and Ontario Gasoline Handing Code from 2002-2003, and served on the Canadian Federal Government Legislative Boards on Sulphur in Gasoline in 2001 and Benzene in Gasoline in 1999. He was a recipient of a National Research Council Grant awarded in Canada. Mr. Robbins holds an Honours Bachelor of Science in geology from Brock University.



Ronald Kurp, Vice President, Research & Development
Mr. Kurp is an accomplished Technical/Operations/Purchasing Director with more than 26 years of experience as an innovative product formulator in the area of research & development. He possesses proven skills in management and in the development of production process design, scale-up and manufacturing. Mr. Kurp excels at managing multi-site chemical manufacturing facilities and directing the commercialization process for a diverse range of industrial and consumer products.

He brings specialized experience and exceptional knowledge in plastic and oil based properties studies to JBI, Inc. Currently, he is responsible for the development of analytical techniques for the Company's manufactured products, developing and refining methods to test its fuel products, initiating new product development from existing JBI, Inc. manufactured products and identifying unique marketing opportunities. He is also actively working on the development and formulation of fuel additives for the Company's products.

Mr. Kurp has been awarded 2 U.S. Patents, on March 11, 2003 and March 29, 2011, for his work.



Bob Molodynia, Vice President, Business Development As the VP of Business Development for JBI, Inc.,
Mr. Molodynia oversees the development of environmental solutions and growth of new business. Mr. Molodynia is also responsible for managing and motivating the business sales team and oversees all fuel sales, and in negotiating and managing business relationships, informing product development of market needs and identifying new business opportunities for JBI, Inc.

Mr. Molodynia brings over 27 years of marketing, advertising, sales and company start-up experience. He successfully helped build and manage six companies including two of his own (a promotional marketing and investment firm and a hospitality brokerage business), which he owned and operated for 20 years after leaving his position as a Financial Consultant & Planner for a major Canadian Fortune 500 financial services company.



Governance

Corporate governance impacts our business direction and how we manage relationships with valued shareholders and prospects. We are committed to excellent corporate governance principles that guide our business practices and performance at JBI, Inc.

Board of Directors
Kevin P. Rauber (CEO & President)
Matthew J. Ingham, CPA (CFO)
John Wesson (Independent)

Board of Directors Committee Chairs

Audit Committee: John Wesson
Compensation Committee: John Wesson
Nominating Committee: To be confirmed

Board of Directors Committee Charters

Audit Committee Charter
Compensation Committee Charter
Nominating Committee Charter

Investor Relations Contacts

Investor Relations Manager
Chris Irons
Email: ir@jbi.net
Telephone: 716.471.5995

Transfer Agent and Registrar

Pacific Stock Transfer Company
4045 South Spencer Street, Suite 403
Las Vegas, NV 89119
Telephone: 702.361.3033 / Fax: 702.433.1979

Independent Auditor

MSCM LLP
701 Evans Avenue 8th Floor
Toronto, Ontario M9C 1A3
Telephone: 416.626.6000 / Fax: 416.626.8650

Legal Counsel

Pryor Cashman LLC
7 Times Square
New York, NY 10036-6569

Company Financials
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News Releases
2012 News Releases

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