Exhibit 18
November 13, 2000
JLM Industries, Inc.
8675 Hidden River Parkway
Tampa, FL 33637
Dear Sirs/Madams:
At your request, we have read the description included in your Quarterly Report
on Form 10-Q to the Securities and Exchange Commission for the quarter ended
September 30, 2000, of the facts relating to a change in accounting principle
for inventories from the last-in, first-out method to the first-in, first-out
method. We believe, on the basis of the facts so set forth and other information
furnished to us by appropriate officials of the Company, that the accounting
change described in your Form 10-Q is to an alternative accounting principle
that is preferable under the circumstances.
We have not audited any consolidated financial statements of JLM Industries,
Inc. and its consolidated subsidiaries as of any date or for any period
subsequent to December 31, 1999. Therefore, we are unable to express, and we do
not express, an opinion on the facts set forth in the above-mentioned Form 10-Q,
on the related information furnished to us by officials of the Company, or on
the financial position, results of operations, or cash flows of JLM Industries,
Inc. and its consolidated subsidiaries as of any date or for any period
subsequent to December 31, 1999.
Yours truly,
DELOITTE & TOUCHE LLP
Certified Public Accountants
Tampa, Florida
