Seeking Alpha

Start-up JBI Inc. (JBII.PK) wants recycling to go mainstream and here's why: The company takes...

Start-up JBI Inc. (JBII.PK) wants recycling to go mainstream and here's why: The company takes plastic waste and converts it into highly-refined, industrial quality oil. Amid heightened geopolitical tensions and triple-digit crude prices, the company is producing oil for ~$10/barrel and selling it for ~$100/barrel, but is struggling to gain traction with oil buyers because of the stigma attached to "green fuel."
Comments (1)
  • Panik
    , contributor
    Comments (4) | Send Message
     
    If something sounds too good to be true...
    19 Mar 2012, 04:43 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector