Plastic2Oil: Why Us
JBI Inc. is a global technology leader whose purpose is to mine
data from the world's largest information archive, find
under-productive entities to inject our superior proprietary
technologies into, and enjoy increased productivity and
profitability. One such technology is Plastic2Oil®, a process that
extracts fuel from plastic.
JBI's President/CEO, John Bordynuik, has been recovering
planetary and sensor data from old magnetic media for various
government and institutional archives for more than 20 years,
amassing the world's largest solution and algorithm archive. The
Company has access to terabytes of normalized earth sensor data
(heat budget, solar radiation, gravitational, magnetic, and
vibration information), algorithms, massive research archive, and
other related information. John Bordynuik has recovered some of the
most sensitive data in the World.
The Company will commence operations with Plastic2Oil, a
service that extracts fuel from plastic.
While mining through the research archive, John Bordynuik found
the solution to a process involving breaking down plastic
molecules. Bordynuik had explored this in the past but there was no
research available at that time to solve the catalyst problem. This
research was conducted when plastic was in its infancy and oil
prices were very low. It appears the research was conducted for
non-commercial purposes and had no commercial value at the time.
Our research has revealed that this process and catalyst is not
used presently. By integrating this technology into a large batch
processor we can accomplish the following:
- Approximately one liter of oil is extracted for every kilogram
of plastic.
- The gas emitted (a by-product) provides the energy necessary to
fuel the process.
- Due to a catalyst (trade secret) and a highly optimized
process, oil can be extracted in 4 hours from a large source of raw
unwashed, mixed plastics.
- The process can be highly automated.
Objective
Our main objective is to mine and
monetize legacy intellectual property that couldn't be
commercialized decades ago due to costs or technological
limitations at that time. This IP is mined from old data archives
and was saved on old computer backup tapes that have been
unreadable until recently. Our present objectives are to identify
the "gold nuggets" in the old data and commercialize the solutions
into modern products and services.