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Tuesday, July 22, 2014         

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Bankruptcy auction begins for Big Island Carbon plant

By Erika Engle

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The activated carbon processing facility and biomass power plant formerly owned by Big Island Carbon LLC and its affiliates in Kawaihae, is to be auctioned off by order of the U.S. Bankruptcy Court in Delaware.

The plant was built to crush, size and char locally grown macadamia nut shells and then activate the charred shells in a non-chemical manner. The biomass power plant was equipped to support the facility with energy derived from pyrolysis oil created by the process, according to Jeff Tanenbaum, president of Tiger Remarketing Services, which is assisting in the liquidation auction.

The Hawaii island facilities, 35 miles north of Kailua-Kona, are being marketed in a sealed-bid offering that closes at 2 p.m. Hawaii time Friday, April 4.

Bankruptcy trustee Charles A. Stanziale of McCarter & English LLP is directing the auction.






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Slow wrote:
So what happened? Why did the bio-mass fail?
on March 10,2014 | 07:51AM
Ronin006 wrote:
It probably failed because the owners did not contribute enough to Obama’s reelection campaign to get a multi-million dollar government-backed loan or outright grant from the Obama administration.
on March 10,2014 | 08:53AM
SteveToo wrote:
Another "Green" business down the tubes....Cost of Green is to high.
on March 10,2014 | 08:17AM
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