[Gasification] Range Fuels Closing Plant
mark at ludlow.com
Mon Jan 24 22:11:12 CST 2011
Sounds a little like, "Back to the drawing board."
There is some critical scale for pilot-development that helps to reduce the
risk of up-scaling. Duh! If RF had dropped $10MM, people would be startled.
But $300MM? It's literally unbelievable.
There must have been a bunch of golf weekends at St. Andrews included on the
tab. Wow! A (RAT)HOLE-in-one.
Magic happens; now watch us make nearly 1/3 Billion U$D disappear.
From: gasification-bounces at lists.bioenergylists.org
[mailto:gasification-bounces at lists.bioenergylists.org] On Behalf Of
Sent: Monday, January 24, 2011 7:13 PM
To: Discussion of biomass pyrolysis and gasification
Subject: Re: [Gasification] Range Fuels Closing Plant
Does it mean that Range Fuels have still unsolved problems in their
Cellulosic Ethanol process?
On Mon, Jan 24, 2011 at 11:17 PM, Tom Miles <tmiles at trmiles.com> wrote:
"Cellulosic ethanol company Range Fuels is closing its Soperton, Georgia
facility after completing it first batch of ethanol, according to story
posted by Georgia Public Broadcasting.
The firm, which has received more than $300 million dollars in state,
federal and private funding, will lay off the majority of its workers and
shutter operations, while it attempts to raise more money and address
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