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To: caly who wrote (92270)12/1/2009 12:47:54 PM
From: Rawnoc  Respond to of 120405
 
Something similar.... PAK-IT, they acquired them because they needed a chemical company to make the catalyst for the plastic/tires to fuel machines and PAK-IT was mildly profitable and cheap.

A lot of people I'm finding are calling the concept of plastic to fuel "ridiculous" - but I think I'm taking for granted that people should realize that plastic already comes from petroleum in the first place so it's just a matter of converting back to its original form. They do it in other countries all the time with cheap labor but it's less common in the USA due to labor costs. JBII found a way to do it cheap. Turning waste plastic into fuel is nothing new but it's going to make JBII rich IMO