Posted On: 05/19/2014 2:59:34 PM
Post# of 43065
Re: techisbest #8184
We can discuss automatic sorting vs. manual or any other method...but in the end there's already a market for scrap HDPE, PP and LDPE plastics, those plastics required by JBI. That market price is around $800/ton.
And again, this would have been a discussion for when Mr. Bordynuik introduced his claims of $10/bbl crude oil/diesel. What we can see now is that JBI can't get the plastic they need at a price that makes it profitable despite all the 'improvements' otherwise those processors would be cranking out fuel.
As you noted, there's a difference due to the cost of transporting feedstock. I believe rates for shipping a ton of anything from the east coast to the west coast is around $25/ton...that gets lost in the roughly $600-$700 value of a ton of crude oil or equivalent. Other than that, there's no real difference between operating at JBI or operating at a customer facility.
And again, this would have been a discussion for when Mr. Bordynuik introduced his claims of $10/bbl crude oil/diesel. What we can see now is that JBI can't get the plastic they need at a price that makes it profitable despite all the 'improvements' otherwise those processors would be cranking out fuel.
As you noted, there's a difference due to the cost of transporting feedstock. I believe rates for shipping a ton of anything from the east coast to the west coast is around $25/ton...that gets lost in the roughly $600-$700 value of a ton of crude oil or equivalent. Other than that, there's no real difference between operating at JBI or operating at a customer facility.
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Yes, I understand your penny stock also is the real deal, created with the inventiveness of Edison and destined to be the next Microsoft. Yes, I understand that the delays are also only because your company is making their product and/or technology even more revolutionary.
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