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."

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  • Panik
    , contributor
    Comments (4) | Send Message
     
    If something sounds too good to be true...
    19 Mar 2012, 04:43 PM Reply Like
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