JBI, Inc. engages in the production and sale of fuel products from mixed and unwashed waste plastics. Plastic2Oil The company provides Plastic2Oil, a process that converts waste plastic into fuel through a series of chemical reactions. It has two operational P2O processors, which produce Naphtha, Fuel Oil No. 2 and Fuel Oil No. 6. Its process also produces two by-products, an off-gas similar to natural gas and a petcoke carbon residue. The company primarily uses its off-gas product in its operations to fuel the burners in P2O processors. The company has contracts to sell fuel products through two main distribution channels comprised of fuel wholesalers and directly to commercial and industrial end-users. By-Products The company also produces by-products, including an off-gas similar to natural gas and a petcoke carbon residue. Business Strategy The company’s long-term strategy is to become the leading vertically-integrated, North American fuel company that is a plastic recycler, fuel processor and fuel seller. Research and Development The company’s research and development expenditure was $445,945 in 2012. Competition The company competes in the plastics-to-energy market with Envion, Polymer Energy, LLC, and Agilyx. History JBI, Inc. was incorporated in 2006 in the state of Nevada.
jbi inc (JBII:OTC US)
20 Iroquois Street
Niagara Falls, ON 14303
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