K-Fuel has been here since 1975
Edward Koppelman invented EEE, Inc.’s upgrading of low-grade coals idea in the 1970s. Since 1984 EEE has announced at least 17 different arrangements with 15 different entities to commercialize its so-called invention. To date not one of these has resulted in commercial success. Meanwhile both unprocessed low-grade coals and numerous other coal upgrading processes have become huge commercial success.
The August 20, 1980 issue of Chemical Week stated that Koppelman began working on K-Fuel in 1975. EEE and its predecessor entities, Energy Brothers Inc., Beaumont Financial Ltd., K-Fuel Partnership, K-Fuel Limited Partnership and K-Fuel, Inc., have been engaged in the promotion of the coal-upgrading concept since 1981.
Theodore Venners ("Ted") is the founder and Chief Strategy Officer of EEE. Ted and his notorious brother John P. Venners ran a Denver-based company called Energy Brothers Inc. ("EBI") that had publicly promoted coal processing as early as 1984. The April 16, 1984 issue of Coal Week wrote that EBI was building a coal processing plant at the Fort Union mine in Gillette, WY. Ironically on June 28, 2004, 20 years later, EEE announced that it would be locating its “first commercial plant” at the same Fort Union site. Ted was also the founding and managing partner of K-Fuel Limited Partnership from 1984 until its merger with a public shell controlled by a car dealer and his receptionist, in December 1992.
