Thursday, August 14, 2008 9:02:01 AM
Your link provided information on Memphis Biofuels regarding their fast start up, but it seems they haven't done so well since then.
This techy article from ISA is written by a representative of CCA, who supplied Memphis Biofuels with their state of the art machinery and processes (DCA). However, a real company would be making money, right? I couldn't find anything on their financials.
I did checked their website which appears to be stuck in 2006 when they started up...
http://www.memphisbiofuels.com/about-memphis-biofuels.htm
http://www.globalspec.com/FeaturedProducts/Detail/HydroDynamics/Memphis_Biofuels_Runs_On_ShockWave_Power/50184/0
Looks like this company is spending some time in court with contract disputes. I bet these court actions against partners have been costly, both directly and indirectly.
http://www.memphisdailynews.com/editorial/Article.aspx?id=36345
http://www.memphisdailynews.net/editorial/Article.aspx?id=32993
http://dockets.justia.com/docket/court-tnwdce/case_no-2:2008cv02146/case_id-49870/
There's a September 2007 article that says Memphis Biofuels was operating at 15% capacity based on feedstock problems.
http://www.commercialappeal.com/news/2007/Sep/07/b7diesel/
Memphis Biofuels may be a real company, but they've got some state of the art problems.
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