Thorold, Ontario – based JBI has announced that it has entered into an agreement with Rock-Tenn Company to covert mill by-product waste into fuel. The process will feature JBI’s Plastic2Oil technology. As part of the agreement, JBI has an exclusive 10 year license with a renewal option to build and operate Plastic2Oil processors at RockTenn’s facilities. The plan is to convert waste plastic at paper mills and material recovery facilities to biofuels. In addition, JBI will mine and process plastic from RockTenn’s plastic-filled monofill sites.
RockTenn has been producing thousands of tons per day. For many years, the company has been storing the plastic in company-owned plastic-only landfills. Now, rather than disposing of the plastics, JBI will mine it for biofuels.
“We are honored that RockTenn has chosen JBI to be its long-term partner in this venture and believe this provides further validation that we have a viable commercial process to handle not only the critical issue of waste by-product but also rising energy costs,” said JBI’s Founder & CEO John Bordynuik. “RockTenn has the industrial relationship and feedstock to support hundreds of Plastic2Oil™ processors. We anticipate a mutually beneficial relationship for both parties and intend to expand as quickly as possible.
Bordynuik continued, “RockTenn currently has sites that can support clusters of processors. In preparation for this agreement, we have designed our processors to be modular ’plug and play’ to allow rapid deployment across RockTenn’s locations.”