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Gold/Mining/Energy : JBII - The Secret Catalyst Turns Plastics into Oil
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From: Rawnoc12/13/2012 10:57:48 PM
2 Recommendations  Read Replies (1) of 704
 
"JBII will be competing for the same industrial feedstock sources as the many companies recycling polyolefins. It will not be free."
https://www.siliconinvestor.com/nfvda/boards/read_msg.aspx?message_id=58267967

RESOLUTION NO. 399-12
AUTHORIZING THE CHAIRMAN TO EXECUTE A CONTRACT TO SUPPLY
AGRICULTURAL AND RIGID PLASTICS TO JBI, INC. FOR CONVERSION OF PLASTICS
TO OIL

madisoncounty.ny.gov

WHEREAS, Madison County’s active farms produce a significant quantity of agricultural
films for which few recycling markets exist today; andWHEREAS, JBI, Inc. (“JBI”) based in Niagara Falls, New York has developed an
innovative new process to recycle agricultural films, rigid plastics and other plastic waste
streams into petroleum fuels such as diesel fuel needed to operate machinery and over the road
vehicles; and

WHEREAS, the County has conducted due diligence which has determined that
agricultural plastics collected within Madison County can feasibly be recycled by JBI and the
environmental impacts associated with such recycling appear to be benign; and

WHEREAS, the parties have structured a Supply Contract whereby Madison County will
accept agricultural films generated by farms and other businesses at its Transfer Stations and
ARC MRF on Buyea Road in the Town of Lincoln and bale the plastics for pickup by JBI and
transport to its facility in Niagara Falls; and

WHEREAS, pursuant to the Supply Contract Madison County will incur zero cost from
JBI for transporting and recycling the baled plastics that are delivered by the public to Madison
County.

NOW, THEREFORE, BE IT RESOLVED, that the Chairman of the Madison County
Board of Supervisors be and is hereby authorized and directed to execute a two year Supply
Contract a copy of which is on file with the Clerk of the Board. This resolution shall take effect
immediately. ADOPTED: AYES – 1500 NAYS – 0
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