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  4. Plastic2Oil, Inc. (PTOI) Message Board

Maybe you know more about the permit than I do? h

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Post# of 43066
Posted On: 11/25/2013 2:00:30 PM
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Posted By: techisbest
Re: Tson99 #5937
Maybe you know more about the permit than I do?

http://www.plastic2oil.com/site/news-releases...il-process



Posted Jun 28th, 2013 in  2013 News Releases



Niagara Falls, New York, June 28, 2013 - JBI, Inc. (the “Company” or “JBI”) (OTCQB: JBII), a clean energy company that recycles waste plastic into liquid fuels, is pleased to announce that it has received all pertinent permit amendments from the New York Department of Environmental Conservation (“NYSDEC”) to move forward with including heat transfer fluid into its Plastic2Oil (“P2O®”) process.



The permitting allows JBI to use heat transfer fluids (“HTF”) in conjunction with processing plastic in their Plastic2Oil process. The Company anticipates this will significantly increase its total production yield. Heat transfer fluids are hydrocarbon-based liquids; including waste oil, hydraulic oil, cutting fluids, off-spec lubricants, monomers and waste fuels derived from oil/water separators. The fluids act as natural densifiers for lower density plastics and as heat transfer agents that will help generate large amounts of heat into naturally endothermic, dense, large pieces of plastic.



“Processing plastic with heat transfer fluid is a huge move forward in the evolution of our technology,” stated JBI’s Chief of Technology, John Bordynuik. He continued, “Our team has the HTF hardware for our machines already installed, so we’re anticipating minimal changes for our processors in order to be able to almost immediately begin taking advantage of our permit amendment. Additionally, our stack emissions based on the December 2012 stack test with HTF continue to be well within the NYSDEC’s standards, continuing to prove the viable green aspects of our process.”



JBI Chief Executive Officer Tony Bogolin commented, “We are excited about this permit amendment, as we believe it will provide a boost in productivity and enhance the feedstock flexibility for the Company.”




Since the Company’s inception, through March 31, 2013, JBI has processed approximately 2.8 million pounds of plastic and produced approximately 482,000 gallons of in-spec end user fuels, including diesel, fuel oil #6 and naphtha.


Nowhere does this press release talk about the percentage of HTF to plastic permitted.  As far as I know, the combined permits only talk about how much feedstock can be fed into the processor and what can be fed.  The newest permit allows HTF to be added to the mix without stating, to my knowledge since I've never seen the actual permit, what the ratio of that mix is.  I suppose that anything that pushes the entire process over NYSDEC standards for air quality would set a limit, but I have no idea if HTF would be responsible for doing that.

I'll stick with my belief, since transparency is not in this company's vocabulary, that they can only pass so much stuff through the processor, and that a high percentage of that stuff is HTF to keep things from gumming up.


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